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Bayou Oaks Multifamily Home for Sale

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    $289,000

    • 2 Beds
    • 4 Baths
    • 1,598 Sq Ft

    5100 Rilma Ave, Sarasota, FL 34234

    Large, spacious duplex is priced to sell. Affordable starter home lets the other unit pay the bills! Or a great investment opportunity in a nice rental area of north Sarasota. No high HOA fees or deed restrictions. Bike to USF, New College, Ringling School, museums and airport. One short block to bus stop. About 2 miles to downtown and 3 miles to St. Armands shopping and Lido Beach. Close to

    Matt Buttner LIST NOW REALTY, LLC

    5100 Rilma Ave, Sarasota, FL 34234

Why Live in Bayou Oaks

One of Sarasota’s oldest neighborhoods, Bayou Oaks is diverse and home to people from all walks of life, including students, artists and lifelong residents. The neighborhood gets its name from Whitaker Bayou and the large oak trees that shade the streets. "It’s a mix of housing for sure,” says Margot Vigar, a Realtor with Coldwell Banker Realty who vlogs about Sarasota neighborhoods on her YouTube channel. “But it’s generally very affordable for the area. You can really get some deals there.” With a location between two colleges, an airport, and a major thoroughfare with shopping and dining, Bayou Oaks has steadily increased in popularity in the past few years. Bayou Oaks consists of several side streets branching off the main thoroughfare, Bradenton Road. Homes sit on median-sized lots of less than a quarter acre. "Not everyone keeps up their properties there, but the community is getting better all the time,” Vigar says. The Bayou Oaks Neighborhood Association meets regularly and has started an Adopt-A-Road cleanup initiative. There are many smaller cottage and condo subdivisions within the neighborhood, some with separate homeowner associations requiring monthly fees. Vintage

Home Trends in Bayou Oaks, FL

Housing Trends

Median Sale Price
$230,000
Median Single Family Sale Price
$325,000
Median Townhouse Sale Price
$394,999
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
24
Last 12 months Home Sales
51
Months of Supply
5.60
Median List Price
$249,450
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-8%
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