$549,000
$49K PRICE DROP

Estimated payment $3,257/month

Total Views 8,827
3 Beds
2 Baths
1,494 Sq Ft
$367 Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Sarasota High School Rated A-
  • Built-In Features
  • Wood Siding

About This Home

Charming 1950s Florida Ranch-Style Duplex in Sought-After Terrace Gardens! Don't miss this rare opportunity to own a classic mid-century Florida ranch home, smartly divided into two separate units in the desirable Terrace Gardens community. Situated on an expansive corner lot, this property offers flexibility, income potential, and future development possibilities. Unit 2415 features 2 bedrooms and 1 bath, while Unit 2417 offers 1 bedroom and 1 bath—both currently rented. Inside, you'll find original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing.
Whether you're looking to generate rental income right away or dreaming of building your own custom home in a growing neighborhood filled with new construction, this property offers many options. Enjoy the lifestyle that comes with this prime location: bike the nearby Legacy Trail, explore downtown’s vibrant restaurants and cultural scene, play at Payne Park, or spend the day at the beach—all just minutes away.

Listing Agent

Ingrid Caruso

COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3045261 Listed on: 04/30/2025

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,460

Year Built

  • Built in 1950

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Corner Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,494 Sq Ft Home
  • Built-In Features
  • Crawl Space

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Rain Gutters

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,188 Sq Ft Building
  • Terrace Gardens Community
  • Terrace Gardens Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,460

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1494
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2188
  • Lot Size Sq Ft: 10200
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 203.27
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: S Pineapple Ave, Suite 704
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 367.47
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 941-349-4411
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Built-in Features
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Pillar/Post/Pier
  • Total Bedrooms: 3
  • Living Area Meters: 138.80

Exterior Features

  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Curb Parking, Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Ductless
  • Laundry Features: Outside
  • 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

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 2029100071
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Dimensions: 50x136
  • Flood Zone Code: X500

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1

Multi Family

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

Tax Info

  • Tax Annual Amount: 4460.26
  • Tax Block: B
  • Tax Book Number: 61-581
  • Tax Lot: 10

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $4,460 $270,405 -- --
2024 $4,563 $245,823 -- --
2023 $4,563 $380,100 $291,800 $88,300
2022 $3,752 $275,800 $191,100 $84,700
2021 $3,141 $189,700 $137,500 $52,200
2020 $2,914 $167,900 $115,400 $52,500
2019 $2,883 $166,500 $115,400 $51,100
2018 $0 $173,800 $107,900 $65,900
2017 $3,353 $180,963 $0 $0
2016 $3,071 $183,900 $61,000 $122,900
2015 $2,809 $161,400 $46,700 $114,700
2014 $2,557 $123,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 Price Changed $549,000 -8.2% $367 / Sq Ft
04/30/2025 04/30/25 For Sale $598,000 +154.5% $400 / Sq Ft
11/14/2018 11/14/18 Sold $235,000 -4.1% $157 / Sq Ft View Prior Sale
10/29/2018 10/29/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $245,000 -- $164 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $138,500 None Available
Interfamily Deed Transfer -- --
Warranty Deed $79,000 --
Warranty Deed $73,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,600 Purchase Money Mortgage
Previous Owner $71,100 No Value Available
Previous Owner $62,050 No Value Available
Previous Owner $67,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4650716

Stellar MLS

APN: 2029-10-0071