$397,500
SOLD MAR 5, 2025
4 Beds
2 Baths
1,440 Sq Ft
6,505 Sq Ft Lot

Recently Sold

$276 Per Sq Ft

9% Below List Price

13 Days on Market

Highlights

  • No HOA
  • Courtyard
  • Heating Available
  • Booker High School Rated A-
  • Central Air

About This Home

As of March 2025

Exceptional investment opportunity just north of downtown Sarasota! This block duplex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Combine with the neighboring duplex to create a 4-plex! Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.

Last Agent to Sell the Property

Randy Buff

COASTAL CONNECTION REALTY Brokerage Phone: 941-896-9991 License #3389939 Listed on: 01/06/2025

Co-Listed By

Shannon Scarfino

COASTAL CONNECTION REALTY Brokerage Phone: 941-896-9991 License #3258091

Last Buyer's Agent

Vittoria Rutigliano

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3245137

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 1973

Lot Details

  • 6,505 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • 1,440 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 1,440 Sq Ft Building
  • Walpoles Sub Community
  • Walpole Frank A Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,424

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1440
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1440
  • Lot Size Sq Ft: 6505
  • Directions to Property: Take US 41 South. Turn Left on 8th St. Duplex is on the Right.
  • Status: Sold
  • Co List Office Mls Id: MFR266510937
  • Co List Office Phone: 941-896-9991
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044744
  • RATIO Current Price By Calculate: 276.04
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-896-9991
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 2160
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 133.78

Exterior Features

  • Exterior Features: Courtyard
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: DTN
  • Parcel Number: 2028050004
  • Additional Parcels: No
  • Lot Dimensions: 50x130
  • Flood Zone Code: X
  • Lot Size Square Meters: 604

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2600
  • Additional Lease Restrictions: See City of Sarasota for any short-term rental restrictions
  • Terms Of Lease: Net Lease

Multi Family

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

Tax Info

  • Tax Annual Amount: 4423.67
  • Tax Block: D
  • Tax Book Number: 1-47
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Park East Rentals Llc
Bought by
Thompson William K
Current Estimated Value
$508,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,375
Outstanding Balance
$138,105
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$369,536

Purchase Details

Closed on
Aug 27, 2013
Sold by
Kempf Joseph
Bought by
Park East Rentals Llc

Purchase Details

Closed on
Dec 28, 1999
Sold by
Esposito Pasquale D and Esposito Patricia E
Bought by
Black Bob and Daniels Cheryl
Source: Public Records

Similar Homes in Sarasota, FL

  • 1038 25th St, Sarasota, FL 34234

    $479,777

    • 4 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 1038 25th St
    • Sarasota, FL

    LOCATION LOCATION! Sitting West of US41 directly behind Starbucks is this ready to rent duplex. Each unit is a 2bedroom 1bathroom with Vinyl Floors, shaker cabinets, full size bathroom with tub/shower combo. Units are currently vacant and on Month to Month Leases and property managed. Expected Rents of around $1800-$1900 per unit. Separately metered. Hot Water Heaters are 2020 and 2021. Roof

    Dane Peterson RELAX REALTY GROUP INC

    Section Image
  • 3914 Glen Oaks Manor Dr, Sarasota, FL 34232

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 3914 Glen Oaks Manor Dr
    • Sarasota, FL

    GLEN OAKS MANOR...Your new villa-chalet (WITH A BRAND NEW TILE ROOF) where an impressive front courtyard greets you as you step inside. Welcome home to this BEAUTIFUL COURTYARD villa with an atrium letting all the Florida sunshine in. Glen Oaks Manor is a unique DOG FRIENDLY community built INSIDE IT'S OWN PARK with lakes, gazebos, walking trails, park benches and accented by canopy oak trees and

    Scotty Ledford VUE REALTY, LLC

    Section Image
  • 3933 Glen Oaks Manor Dr, Sarasota, FL 34232

    $450,000

    • 2 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 3933 Glen Oaks Manor Dr
    • Sarasota, FL

    Urban Contemporary GLEN OAKS MANOR (THIS IS A VILLA & NOT A CONDO!)... ARRIVE HOME to this stunning UPDATED villa-chalet where an impressive front courtyard greets you as you step inside this beautifully renovated END UNIT COURTYARD VILLA where the living room, dining room, kitchen and family room are all ACCENTED by the sun drenched atrium plus a full glass wall focused on your courtyard vista.

    Scotty Ledford VUE REALTY, LLC

    Section Image
  • 3955 Glen Oaks Manor Dr, Sarasota, FL 34232

    $482,500

    • 2 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • 3955 Glen Oaks Manor Dr
    • Sarasota, FL

    STUNNING PRIVATE POOL Courtyard Pool 1750 Square Foot VILLA & 2 car garage (NOT A CONDO) in Glen Oaks Manor...A community that was built inside it's own wonderful park with walking paths, Lakes, gazebos, canopy Oak Trees for shade, walled from the outside and conveniently located just 3 miles to downtown Sarasota OR UTC, 4 miles to I-75 or SRQ and 5 miles to St. Armand's then Lido Beach. This

    Scotty Ledford VUE REALTY, LLC

    Section Image
  • 1802 Robinhood St, Sarasota, FL 34231

    $410,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 1802 Robinhood St
    • Sarasota, FL

    Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Unlock an extraordinary investment opportunity with this meticulously maintained duplex, poised to generate an impressive rental income of $2,200 per side. Each unit exudes charm with its tile flooring, stylish tile countertops, modern white appliances, and double basin sinks in the kitchens, all designed for

    Rachel Woodruff HOUSE MATCH

    Section Image
  • 2029 Palm Terrace, Sarasota, FL 34231

    $359,777

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft
    • 2029 Palm Terrace
    • Sarasota, FL

    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.

    Dane Peterson RELAX REALTY GROUP INC

    Section Image
  • 2945 Trustee Ave, Sarasota, FL 34243

    $405,000

    • 2 Beds
    • 2 Baths
    • 1,453 Sq Ft
    • 2945 Trustee Ave
    • Sarasota, FL

    Welcome to effortless Florida living in the highly sought-after University Village—a gated, pet-friendly community known for its pristine landscaping, low HOA fees and NO CDD or Flood Zone! This beautifully maintained 2-bedroom, 2-bath paired villa offers the perfect blend of privacy, style, and convenience—just minutes from Siesta Key’s white-sand beaches, UTC Mall, the exciting new Mote

    Wendy Dowling BEYOND REALTY LLC

    Section Image
  • 8678 Rain Song Rd, Sarasota, FL 34238

    $450,000

    • 2 Beds
    • 2 Baths
    • 1,677 Sq Ft
    • 8678 Rain Song Rd
    • Sarasota, FL

    FURNISHED & MOVE-IN READY NOW!!! SUNRISE PRESERVE VILLA AT PALMER RANCH – Built in 2020 by Mattamy Homes, this 2 BEDROOM 2 BATH +DEN & 2 CAR GARAGE VILLA is PRISTINE & READY IMMEDIATELY – NO NEED TO WAIT FOR NEW CONSTRUCTION! Mattamy’s Seascape floor plan is the largest of the villa floor plans in Sunrise Preserve and is highly coveted, yet rarely available – don’t miss this opportunity. Great

    Julie Larson WHITE SANDS REALTY GROUP FL

    Section Image
  • 2228 25th St, Sarasota, FL 34234

    $456,500

    • 6 Beds
    • 4 Baths
    • 2,132 Sq Ft
    • 2228 25th St
    • Sarasota, FL

    PRICE IMPROVEMENT! Seller is providing a $2.5k credit to buyer(s) at closing!! Don't miss out on this well-maintained and income-producing Sarasota duplex featuring two spacious 3BD/1.5BA units, each with its own private entry. Less than 10 minutes from Downtown Sarasota! Market rents call for $4.4k/month for the building, well above current rents, providing tremendous upside for new investors.

    Owen Cascio REAL PROPERTY MANAGEMENT SUNSHINE CITY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $212,500 Attorney
Warranty Deed -- Attorney
Warranty Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,375 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $397,500 -9.5% $276 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/06/2025 01/06/25 For Sale $439,000 -- $305 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $4,424 $263,641 -- --
2023 $4,424 $343,900 $161,100 $182,800
2022 $3,958 $295,700 $132,200 $163,500
2021 $3,294 $203,100 $92,400 $110,700
2020 $3,066 $181,700 $81,200 $100,500
2019 $2,786 $163,700 $61,000 $102,700
2018 $2,069 $152,000 $47,200 $104,800
2017 $2,015 $83,600 $0 $0
2016 $1,508 $87,700 $23,700 $64,000
2015 $1,415 $79,600 $23,500 $56,100
2014 $1,349 $57,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4634437

Stellar MLS

APN: 2028-05-0004