NOT LISTED FOR SALE

Estimated Value: $357,814 - $781,000

4 Beds
2 Baths
1,440 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 05, 2025

Last sale price $397,500 $276 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,904/month

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

6,505 Sq Ft Lot

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
  • Status: Sold
  • Co List Office Mls Id: MFR266510937
  • Co List Office Phone: 941-896-9991
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 133.78
  • Escrow State: FL
  • RATIO Current Price By Calculate: 276.04
  • Total Acreage: 0 to less than 1/4
  • 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
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 133.78

Exterior Features

  • Exterior Features: Courtyard
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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

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

Listed on
Jan 6, 2025
Closed on
Mar 3, 2025
Sold by
Thompson William K
Bought by
Second Heart Homes Inc
Seller's Agent
Randy Buff
COASTAL CONNECTION REALTY
Buyer's Agent
Vittoria Rutigliano
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$439,000
Sold Price
$397,500
Premium/Discount to List
-$41,500
-9.45%
Views
7
Current Estimated Value
$478,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,204
Avg. Annual Appreciation
19.78%

Purchase Details

Closed on
May 11, 2018
Sold by
Park East Rentals Llc
Bought by
Thompson William K

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
Interest Rate
4.4%
Mortgage Type
New Conventional

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Second Heart Homes Inc $795,000 None Listed On Document
Thompson William K $212,500 Attorney
Park East Rentals Llc -- Attorney
Black Bob $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson William K $159,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $4,951 $290,005 -- --
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

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Map

Source: Stellar MLS

MLS Number: A4634437

Stellar MLS

APN: 2028-05-0004

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