Active

1903 N ALLENDALE AVE

SARASOTA FL, 34234

$530,000


$278.95 per sqft

Active

5 Beds

3 Baths

1,900 sqft

Residential

Built in 1956

Discover a fantastic investment opportunity with this beautifully renovated property, perfectly located on an 11,000 sq ft lot. This unique setup includes two separate, income-generating residences: a spacious main house with three bedrooms and two bathrooms, and a cozy detached apartment with two bedrooms and one bathroom. Both properties were fully updated in 2024, including new electrical, plumbing, AC, roof, kitchens, bathrooms, and impact windows and doors, making this truly turnkey--move-in or rent-ready from day one.
With current appraisals placing its value at $625,000, this property comes with approximately $100,000 in equity, offering an excellent return for the next owner. Rental potential is high, with similar properties in the area fetching around $4,500 monthly for both units combined. For even more earning potential, consider turning it into a short-term rental or Airbnb.
The location adds significant appeal: two blocks from the Baltimore Orioles Stadium, five minutes from downtown Sarasota, and within easy reach of top beaches--Lido Key is 10 minutes away, while Siesta Key, one of the nation's best, is just a 20-minute drive. Plus, Sarasota-Bradenton Airport and the UTC Shopping Mall are both under 10 minutes away, making this an ideal spot for residents or vacationers.
Whether you want to live in one unit and rent the other, or lease both, this property is ready to be a valuable addition to your investment portfolio.

TB8320670

MLS ID

November 13, 2024

Listed

December 2, 2024

Updated

Map

1903 N ALLENDALE AVE
SARASOTA FL, 34234

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Ceiling Fans(s)


Appliances

Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator


Laundry Description

Laundry Room


Floor Description

Luxury Vinyl


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.25 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Septic Tank

Other Property Details

Area Name

34234 - Sarasota


Taxes

$2,817


Tax Frequency

Annually


Days on Market

19


Association Fee Frequency

Monthly


Garage

No


View

No


County

Sarasota


Municipality

36S


Water Source

Public


Pool

No


Zoning

RSF3

Listing History

Date

Event

Price

12/2/2024

Price change

$530,000

-4%

Listed by SELLING USA, LLC
Listing Contact: 786-760-0089 

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Data last updated 12/2/2024, 6:27 PM UTC

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