Address
431 N East AVENUE, SARASOTA, FL
Price
$ 950,000
Property Attributes
  • MLS#T3525091
  • TypeIncome
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodPos Sub Of Lt 11 Blk N
  • Zip34237
  • StyleTriplex
  • Year Built1959
  • Taxes$ 6094
  • Price$ 950,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2245
  • Lot Size0.29 Acres
Data Source:
Stellar MLS
Property Description

Fully stabilized Triplex in downtown Sarasota, only 10 minutes to Lido Key Beach and 15 minutes to Siesta Key Beach. 1 - (3bed/2bath rented $3400), 1 - (2bed/1bath rented $2300), 1 - (Studio 0bed/1bath rented $1400). Building has just received $140,000 of capital improvements including brand new roof, windows, central HVACs, 3 separate water meters, 3 separate electric meters, paved driveways, fencing, tankless water heaters, and fully remodeled interiors with in-unit laundry. Tenants pay all of their own utilities.

Price History
5/8/2024 Listed $950,000

General Features

Interior Features Open Floorplan
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water - Multiple Meters,Water Connected
Roof Shingle
Exterior Features Awning(s),Fenced,Sidewalk
Zoning DTN
Construction Materials Block
Year Built 1959
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 85200
County Sarasota
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name POS SUB OF LT 11 BLK N
Garage Y/N No
Status Active
Directions North on 301 from 780. East on 5th St.
ModificationTimestamp 2024-05-09T10:50:52.247Z
City SARASOTA
Buyer Agent Compensation 2.5% - $295
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 3
MLS Area 34237 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 12472
Waterfront Y/N No
Carport Y/N No
Street Name East
Land Lease Y/N No
Tax Annual Amount 6094
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3525091
Days on Market 1
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 11
Total Actual Rent 7100
Legal Description LOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Electric Dryer Hookup,Laundry Room,Washer Hookup
Total Bedrooms 5
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Water Source Public
Lot Size Area 12472
Foundation Details Slab
Number of Buildings 1
Street Suffix AVENUE
Lot Size Acres 0.29
Road Surface Type Asphalt
Number of Separate Water Meters 3
Number of Separate Electric Meters 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34237

Price
AVG $660K
$950K
Taxes
AVG $4,539
$6,094
Visits
AVG 325
348
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1959

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