431 N East AVE, Sarasota, FL 34237
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$ 1,200,000
Est. payment | /mo

2,210 SqFt


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$ 1,200,000
Est. payment | /mo
Save

2,210 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,210 sqft

Price per Sqft $542

Subdivision Pos Sub Of Lot 11 B

MLS Listing ID A12038154

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 2210

Year Built 1959

Annual Tax Amount $8,207

Tax Year 2025

Property Sub-Type Triplex

Property Description

Discover an exceptional opportunity in one of Sarasota's fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.

Location

State FL

County Sarasota

Area 5940 - Other Florida County

Zoning DTN - DOWNTOWN NEIGH

Interior

Interior Features InteriorFeatures

Heating Central, Electric, Separate Meters

Cooling Central Air, Electric

Flooring Tile

Fireplace No

Exterior

Exterior Feature Outdoor Living Area, Room For Pool

Fence Fenced

Utilities Available Cable Available

Water Access Desc Public

Roof Type Shingle

Porch Porch

Total Parking Spaces 10

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale,Updated/Remodeled

Others

Tax ID 2028120076

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

BeachesMLS, Inc. (FLR) IDX
Listed by Yandy Garcia Fernandez Ballagas Realty LLC

Nearby Locations

Vinesha Clark

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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431 N East AVE