NOT LISTED FOR SALE

Estimated Value: $337,000 - $424,000

4 Beds
2 Baths
1,342 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2021

Last sale price $277,000 $206 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,472 / mo

14 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • Solid Surface Countertops
  • Booker High School Rated A-
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of March 2021

Unbelievable opportunity to own a two-unit DTN (Downtown Neighborhood) zoned residential property in downtown Sarasota! This property is perfect for an investor, or if you are looking to live in the main (downstairs) unit and rent the upstairs unit for additional income. DTN zoning also allows for a live/work situation as well. Both units are currently rented. Roof is less than 5 years old, and the downstairs unit HVAC was replaced one year ago. Upstairs has a mini-split that is roughly 3 years old. Exterior was recently painted, Hardwood floors refinished in 2019, all new kitchen cabinets, granite countertops, interior painted in 2019, updated windows, fence installed in 2019. Termite/Pest warranty in place and transferrable. Detached garage with ample space and storage. There is also a large, fenced in backyard. This is a prime location within walking/biking distance to downtown Sarasota, the Bayfront, Gillespie Park, and the Rosemary Park District. Just a few minutes to Sarasota Memorial Hospital, Lido Beach, St. Armand's Circle, and Longboat Key. There are no other comparable income producing properties available in the downtown area, making this a rare opportunity for a potential investor or homeowner. Downstairs unit has 2 bedrooms, 1 bathroom, den, and a garage. Upstairs unit is a studio with a separate galley kitchen. Current net income is around $20,000.Take a look at the 3D virtual tour and schedule your showing today!

Last Agent to Sell the Property

Ricardo Ruiz Del Vizo

PREFERRED SHORE LLC License #3211176 Listed on: 12/14/2020

Last Buyer's Agent

Carlisle Fiers III

COMPASS FLORIDA LLC License #0659085

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1926

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Fenced

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Duplex
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,342 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Solid Surface Countertops

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • 1,494 Sq Ft Building
  • Lynnhust Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / C
  • Assessor Parcel Number 2028120025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1926

Lot Details

5,625 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1342.00
  • Lot Size Acres: 0.13
  • Year Built: 1926
  • Building Area Total: 1494.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486194?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486194?w=Customer
  • Lot Size Sq Ft: 5625
  • Building Search Sq Meters: 138.80
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486194?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 505839098
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Interior Amenities: Solid Surface Counters
  • Foundation Details: Crawlspace
  • Levels: Two
  • Living Area Meters: 124.68

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Flood Zone Code: X
  • Patio and Porch Features: Covered, Enclosed, Porch, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: DTN
  • Parcel Number: 2028120025
  • Lot Features: Historic District, In City Limits, Near Public Transit, Street Paved
  • Lot Dimensions: 50x113
  • Lot Size Square Meters: 523

Multi Family

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

Tax Info

  • Tax Annual Amount: 1958.13
  • Tax Block: C
  • Tax Book Number: 1-54
  • Tax Lot: 7

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2020
Closed on
Feb 26, 2021
Sold by
Bought by
Seller's Agent
Ricardo Ruiz Del Vizo
PREFERRED SHORE LLC
Buyer's Agent
Carlisle Fiers III
COMPASS FLORIDA LLC
List Price
$279,900
Sold Price
$277,000
Premium/Discount to List
-$2,900
-1.04%
Current Estimated Value
$370,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,748
Avg. Annual Appreciation
5.54%
Original Mortgage
$207,750
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$277,000 Attorney
$110,000 Attorney
-- Attorney
$75,000 Attorney
$180,000 --
$67,000 --
$43,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $610,300
Closed $207,750
Previous Owner $66,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $277,000 -1.0% $206 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $279,900 -- $209 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,419 $288,700 $157,200 $131,500
2024 $4,878 $342,309
2023 $4,878 $326,100 $150,900 $175,200
2022 $4,390 $282,900 $123,900 $159,000
2021 $2,618 $201,600 $86,600 $115,000
2020 $1,958 $111,200 $76,100 $35,100
2019 $1,872 $111,600 $57,500 $54,100
2018 $1,794 $111,700 $42,400 $69,300
2017 $1,713 $84,236 $0 $0
2016 $1,492 $86,000 $22,300 $63,700
2015 $1,374 $74,300 $22,200 $52,100
2014 $1,318 $54,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486194

Stellar MLS

APN: 2028-12-0025

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