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