$440,000
$25K PRICE DROP

Estimated payment $2,798/month

Total Views 3,209
6 Beds
4 Baths
2,132 Sq Ft
$206 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Eat-In Kitchen
  • Sarasota High School Rated A-
  • Family Room Off Kitchen
  • Tankless Water Heater

About This Home

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. Recent upgrades include full property re-piping in 2024, tankless water heaters, and a newer roof installed in 2017. Each unit offers a functional layout with a half bath off the primary bedroom, tile flooring throughout, and long-term tenants already in place. Two detached storage sheds with electric provide extra utility and flexibility. Property is currently on well/septic but central utilities are available at the street. Zoned RMF-2, this parcel may also allow for the addition of an Accessory Dwelling Unit (ADU), buyer to verify with the City of Sarasota.

With stable rental income and strong tenant history, this duplex offers immediate cash flow and long-term upside, an ideal addition to any investor’s portfolio.

Please do not disturb tenants. No sign on property. Please see Realtor remarks.

Listing Agent

Owen Cascio

REAL PROPERTY MANAGEMENT SUNSHINE CITY Brokerage Phone: 561-613-7788 License #3621384 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 1988

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,132 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Epoxy
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Tankless Water Heater
  • Aerobic Septic System
  • Private Sewer
  • Fiber Optics Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • New Harlem Community
  • New Harlem Subdivision

Building Details

  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,443

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2132
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1988
  • Lot Size Sq Ft: 10000
  • Directions to Property: From US-301, head west on Dr. Martin Luther King Jr. Way. Turn right (north) onto North Euclid Avenue, then left onto 25th Street. Property will be on the right.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 745337055
  • RATIO Current Price By Calculate: 206.38
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 561-613-7788
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Epoxy
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor
  • Appliances Included: Range, Range Hood, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 2228
  • Living Area Meters: 198.07

Exterior Features

  • Exterior Features: Private Mailbox, Rain Gutters, Storage
  • 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 Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: Electricity Connected, Fiber Optics, Private, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Outside
  • Sewer: Aerobic Septic
  • Water Source: Well

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

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0043030026
  • Additional Parcels: No
  • Lot Dimensions: 100x100
  • Flood Zone Code: X
  • Lot Size Square Meters: 929

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 3295

Multi Family

  • Gross Income: 39000
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 5443.32
  • Tax Block: B
  • Tax Book Number: 4-54
  • Tax Lot: 4

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 $5,093 $388,400 $92,000 $296,400
2023 $5,093 $364,300 $91,000 $273,300
2022 $4,901 $347,700 $94,000 $253,700
2021 $3,359 $235,600 $49,500 $186,100
2020 $2,796 $164,800 $28,500 $136,300
2019 $2,765 $178,500 $27,500 $151,000
2018 $2,516 $160,700 $20,000 $140,700
2017 $2,385 $123,570 $0 $0
2016 $2,207 $129,300 $16,800 $112,500
2015 $2,070 $113,200 $15,500 $97,700
2014 $1,951 $84,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 Price Changed $440,000 -2.0% $206 / Sq Ft
08/21/2025 08/21/25 Price Changed $449,000 -1.6% $211 / Sq Ft
08/12/2025 08/12/25 Price Changed $456,500 -0.5% $214 / Sq Ft
08/01/2025 08/01/25 Price Changed $459,000 -1.3% $215 / Sq Ft
07/18/2025 07/18/25 For Sale $465,000 +47.6% $218 / Sq Ft
03/01/2021 03/01/21 Sold $315,000 -3.0% $148 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $324,777 -- $152 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 Attorney
Warranty Deed $86,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,250 New Conventional
Previous Owner $213,035 VA
Previous Owner $140,000 New Conventional
Previous Owner $105,500 New Conventional
Previous Owner $78,100 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: TB8408334

Stellar MLS

APN: 0043-03-0026