$359,777
$10K PRICE DROP

2029 Palm Terrace Sarasota, FL 34231

South Sarasota Neighborhood

Estimated payment $2,172/month

Total Views 137,390
2 Beds
2 Baths
980 Sq Ft
$367 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • No HOA
  • Ceiling Fan
  • Phillippi Shores Elementary School Rated A
  • Tile Flooring
  • High Speed Internet

About This Home

Income Producing Duplex located just off US41 in South Sarasota. Each unit is a 1 bedroom 1 bathroom with Vinyl Floors on both sides (left side newly replaced vinyl) and some tile. Galley style kitchens with Refrigerator and range and door to backyard. Full size bathroom with shower. Annual leases through Sept 2025 & July 2026. Combined Gross rents are $2,545/mo . Separately metered electric. Water paid by owner. Roof replaced 2022. Hot Water Heaters 2021. A/C Window Units. Large lot just under a 1/4 acre. Parking on both sides of property for each tenant. Fenced backyard. Good school zones. Central to Beaches, shopping, restaurants, good schools, golf and more! Call to schedule your showing.

Listing Agent

Dane Peterson

RELAX REALTY GROUP INC Brokerage Phone: 941-923-7200 License #3346860 Listed on: 12/11/2024

Co-Listing Agent

Marc Pelletz

RELAX REALTY GROUP INC Brokerage Phone: 941-923-7200 License #0608183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1949

Lot Details

  • 9,864 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 980 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Views of Woods
  • Crawl Space
  • Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Harbour Oaks Community
  • Harbor Oaks Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,267

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco, Frame
  • Fireplace: No
  • Living Area: 980
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1949
  • Lot Size Sq Ft: 9864
  • Directions to Property: Head North on US41(Tamiami Trl) from the Proctor Rd intersection. Take the 6th street on your right (Palm Ter). Property will be down on left. Dead-End street.
  • Status: Active
  • Co List Office Mls Id: MFR281522395
  • Co List Office Phone: 941-923-7200
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047811
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 367.12
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-923-7200
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Aluminum Frames, Blinds
  • Street Number Modifier: 2029
  • Living Area Meters: 91.04

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0142G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0075040053
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: X
  • Lot Size Square Meters: 916

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please check with Sarasota County regarding any short-term rental interests.
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 31800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3267.08
  • Tax Block: A
  • Tax Book Number: 2-44
  • Tax Lot: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,387 $203,030 -- --
2023 $3,387 $249,400 $188,500 $60,900
2022 $2,875 $193,000 $145,000 $48,000
2021 $2,662 $155,700 $98,500 $57,200
2020 $2,397 $125,900 $74,200 $51,700
2019 $2,286 $124,400 $81,700 $42,700
2018 $2,228 $131,800 $81,700 $50,100
2017 $2,134 $99,559 $0 $0
2016 $2,066 $112,400 $63,400 $49,000
2015 $1,982 $102,400 $51,600 $50,800
2014 $1,731 $65,230 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $359,777 -2.7% $367 / Sq Ft
12/11/2024 12/11/24 For Sale $369,777 -- $377 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $45,000 First American Title Ins Co
Trustee Deed $65,001 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,000 Credit Line Revolving
Previous Owner $120,000 Unknown
Previous Owner $60,000 New Conventional
Source: Public Records

About the Listing Agent

Dane Peterson
Dane Peterson

RELAX REALTY GROUP INC

(941) 206-9990

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Source: Stellar MLS

MLS Number: A4632179

Stellar MLS

APN: 0075-04-0053

Florida Sarasota County Sarasota 34231 South Sarasota

2029 Palm Terrace, Sarasota, FL

This home is located at 2029 Palm Terrace, Sarasota, FL 34231 and is currently priced at $359,777, approximately $367 per square foot. This property was built in 1949. 2029 Palm Terrace is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Riverview High School, and Brookside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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Dane Peterson
Dane Peterson
Listing Agent Section Image
RELAX REALTY GROUP INC
(941) 206-9990