NOT LISTED FOR SALE

Estimated Value: $450,000 - $550,222

4 Beds
3 Baths
2,040 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: September 12, 2023

Last sale price $650,000 $319 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,422 / mo

48 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of September 2023

Turn Key investment opportunity minutes from the beach! Sitting on over a third of an acre, this Duplex features a two bedroom and two bathroom on each side. Both units are currently AIRBNB's and have a very strong rental history and stay booked year round. Each unit has been recently updated, including updated bathrooms in each unit, new flooring throughout, new front and rear exterior doors, painted interior, A/C window units added to both Florida rooms, and new granite counter tops in unit 4328. Roof is 2019. Each unit boasts a large back yard with their own storage sheds. Each unit has its own access gate from the front yard. There is a gate between both units that can be locked or unlocked if you have guests that rent out both units. There is no flood insurance required. This property is located just 8 minutes from the beach, minutes away from several local restaurants and shopping, 5 minutes from the world renowned IMG Academy, 25 minutes to the interstate, and 15 minutes to the Sarasota Airport. The proximity to beaches and amenities adds value to this property, making it especially desirable to investors and their guests. With the property being turn key, investors will be generating income within days of closing.

Last Agent to Sell the Property

Taylor O'Quinn

THE KEYES COMPANY - SARASOTA Brokerage Phone: 941-729-7400 License #3442721 Listed on: 05/26/2023

THE KEYES COMPANY  - SARASOTA

Last Buyer's Agent

Lloyd Johnson

COLDWELL BANKER REALTY License #0318636

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1956

Lot Details

  • 16,046 Sq Ft Lot
  • Fenced
  • Irrigation

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,040 Sq Ft Home
  • Ceiling Fan

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,840 Sq Ft Building
  • Frank E Kimball Sub Community
  • Frank E Kimball Subdivision

Building Details

  • Gross Income $80,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,953

Year Built

Built in 1956

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 2840
  • Lot Size Sq Ft: 16046
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 263.84
  • Escrow State: FL
  • RATIO Current Price By Calculate: 318.63
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 189.52

Exterior Features

  • Exterior Features: Fence, Irrigation System, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: RDD-6,RMF-
  • Parcel Number: 5159200004
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Gross Income: 80000
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4952.73
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 12, 2023
Sold by
Bought by
Seller's Agent
Taylor O'Quinn
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Lloyd Johnson
COLDWELL BANKER REALTY
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Views
221
Current Estimated Value
$524,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,944
Avg. Annual Appreciation
-7.33%
Original Mortgage
$455,000
Interest Rate
0.0681%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2003
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Listed On Document
$370,000 Barnes Walker Title Inc
$235,000 Attorney
$18,000 Attorney
$107,000 --
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $455,000
Previous Owner $190,000
Previous Owner $228,666
Previous Owner $230,743
Previous Owner $9,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $650,000 -7.0% $319 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $699,000 -2.2% $343 / Sq Ft
06/28/2023 06/28/23 Price Changed $715,000 -4.7% $350 / Sq Ft
05/26/2023 05/26/23 For Sale $750,000 -- $368 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,904 $511,584 $59,925 $451,659
2023 $5,710 $375,066 $59,925 $315,141
2022 $4,953 $296,028 $37,500 $258,528
2021 $3,391 $197,241 $30,000 $167,241
2020 $3,407 $189,281 $30,000 $159,281
2019 $1,556 $111,866 $0 $0
2018 $1,518 $109,780 $0 $0
2017 $1,406 $107,522 $0 $0
2016 $1,384 $105,310 $0 $0
2015 $1,369 $104,578 $0 $0
2014 $1,369 $103,748 $0 $0
2013 $1,343 $102,506 $22,400 $80,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4571468

Stellar MLS

APN: 51592-0000-4

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