NOT LISTED FOR SALE

2164 32nd St Sarasota, FL 34234

Estimated Value: $240,712 - $354,000

4 Beds
2 Baths
1,215 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $155,000 $128 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,755/month

87 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Sarasota High School Rated A-
  • Fenced

About This Home

As of October 2019

This is your chance to own a cash flowing Duplex in the heart of Sarasota. This unit features a block construction, 2 bedroom | 1 bathroom per side duplex (2 units). Each unit has recently been brought to a rent-able condition and as gone through a "HUD" inspection for the rental voucher program that is in place. This has a new annual lease and tenant with a Government backed payment voucher in place as well!!!! This is a portfolio sale of all 8 units (4 duplex's). Currently it is offered at a staggering 14.22% Gross CAP or $699,900 for all four properties. Call me if you have any questions or to schedule an appointment. All four mls numbers are: A4439867, A4439852, A4439854, A4439858

Last Agent to Sell the Property

Rex Glasson

DOUGLAS ELLIMAN License #3067512 Listed on: 07/01/2019

DOUGLAS ELLIMAN

Co-Listed By

Tom Wentzel

FINE PROPERTIES License #3205205

Last Buyer's Agent

Matt Merdian

MERDIAN REALTY LLC License #3271956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1964

Lot Details

  • 7,359 Sq Ft Lot
  • Lot Dimensions are 67.4x95x86.4x99.98
  • Fenced

Home Design

  • 1,215 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior

Schools

  • Emma E. Booker Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,335 Sq Ft Building
  • Siplins Add Community
  • Siplins Add Subdivision

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,260

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1215
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1335
  • Lot Size Sq Ft: 7359
  • Directions to Property: From US 301 take Martin Luther King Blvd East to Leonard Reid Ave Turn left. Drive to 32nd St and turn Right to the property.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4439854?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4439854?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96936
  • Price per Sq Ft: 127.57
  • Close to Original List Price Ratio: 0.96936
  • Ratio: Current Price\Building Area Total: 116.1
  • View: No
  • Co List Office Mls Id: 281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2164
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0132F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0028050027
  • Additional Parcels: No
  • Lot Dimensions: 67.4x95x86.4x99.98
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 21600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1260
  • Tax Block: B
  • Tax Book Number: 6-60
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Youdali International Investments Llc
Bought by
Sban Investments Llc
Current Estimated Value
$278,928

Purchase Details

Closed on
Dec 2, 2022
Sold by
Flatd Llc
Bought by
Youdali International Investments

Purchase Details

Closed on
Sep 20, 2017
Sold by
Powell Beresford W and Powell Albennie
Bought by
Sspp 2 Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sban Investments Llc $480,000 All Florida Professional Title
Youdali International Investments $100 New Title Company
Sspp 2 Llc $15,000,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $155,000 -3.1% $128 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $159,900 -- $132 / 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 $2,960 $168,700 $54,600 $114,100
2023 $2,960 $200,400 $53,200 $147,200
2022 $2,699 $191,200 $76,400 $114,800
2021 $2,580 $163,800 $75,300 $88,500
2020 $2,304 $134,300 $51,500 $82,800
2019 $1,397 $67,500 $22,900 $44,600
2018 $1,260 $59,900 $19,000 $40,900
2017 $1,135 $44,128 $0 $0
2016 $1,101 $50,300 $9,100 $41,200
2015 $1,075 $46,500 $8,400 $38,100
2014 $1,051 $30,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4439854

Stellar MLS

APN: 0028-05-0027