UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,968 sqft
Price per Sqft $266
Subdivision South Gate
MLS Listing ID A4701097
Bedrooms 4
HOA Y/N No
Year Built 1958
Annual Tax Amount $6,076
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Exceptional opportunity to own a solid block construction duplex in the highly sought-after Southgate area of Sarasota. Offered at $524,995, this versatile, well-maintained property is perfect for investors seeking reliable rental income or buyers looking to live in one unit while generating income from the other. With no HOA and separate electric and water meters for each unit, this property offers the flexibility and convenience today's buyers and investors are looking for.
Each spacious unit features 2 bedrooms, 1 full bathroom, an open-concept kitchen, dining area, and a comfortable great room, creating a bright, inviting living space that appeals to both homeowners and tenants. Ceramic tile flooring throughout provides durability, easy maintenance, and a clean, timeless look. Each unit also includes a pantry/laundry room with washer and dryer hookups, adding valuable storage and everyday convenience. A convenient two-car carport is located between the units, providing covered parking and additional convenience for both residences.
This property has been meticulously maintained and offers numerous valuable updates that provide peace of mind for years to come. Highlights include a 75-year-rated metal roof installed approximately eight years ago, HVAC systems replaced within the last four and five years, respectively, and newer water heaters in both units. The beautifully landscaped grounds reflect pride of ownership and enhance the property's curb appeal.
Location is one of this property's greatest assets. Nestled in the established Southgate neighborhood, you'll enjoy the convenience of being just 10 minutes from vibrant downtown Sarasota, where exceptional dining, shopping, arts, entertainment, and cultural attractions await. Even better, you're only 15 minutes from the world-renowned white sands of Siesta Key Beach and beautiful Lido Beach, making this an outstanding location for both residents and tenants alike.
Whether you're expanding your investment portfolio, searching for a multi-generational living opportunity, or looking to offset your mortgage with rental income, this duplex offers exceptional value in one of Sarasota's most desirable and centrally located neighborhoods.
Don't miss this rare opportunity to own a move-in-ready, income-producing property in the heart of Sarasota.
Location
State FL
County Sarasota
Community South Gate
Area 34239 - Sarasota/Pinecraft
Zoning RMF1
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat, Window Treatments
Heating Central, Heat Pump
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator
Laundry Electric Dryer Hookup, Inside, Laundry Room
Exterior
Exterior Feature Private Mailbox, Sidewalk, Storage
Community Features Street Lights
Utilities Available Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected
View Y/N No
Water Access No
Roof Type Metal
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701097
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