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Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1958
Sq.Footage
1,679
Exceptional income-producing duplex located within the Sarasota city limits in desirable Flood Zone X, meaning no flood insurance is required. This solid block construction property offers multiple investment opportunities including owner-occupancy, short-term rentals, long-term rentals, student housing, or a hybrid income strategy. Located directly across from the revitalized North Water Tower Park, residents and guests can enjoy paved walking trails, a disc golf course, playground, covered picnic areas, public restrooms, and a water bottle filling station. Each private unit features 2 bedrooms and 1 bathroom with beautifully updated kitchens showcasing shaker cabinetry, quartz countertops, timeless restored terrazzo flooring, open-concept living areas, private laundry rooms, screened lanais, and covered carports with locked storage. Unlike many duplexes, the units do not share a common wall or yard space, offering enhanced privacy and reduced noise between occupants. Major capital improvements have already been completed within the past seven years, including the roof, dual HVAC systems, and water heaters. Additional investor-friendly features include separate utilities and durable block construction. The property’s central location provides quick access to Downtown Sarasota, Bradenton, Lakewood Ranch, SRQ Airport, Ringling College, New College, University of South Florida, and world-famous Gulf beaches, supporting a strong tenant and guest pipeline with future rental growth potential. According to the City of Sarasota permitting website, the occupancy use is listed as R1 Hotels/Motels/Boarding House, creating flexibility for multiple income-producing uses. Unit B has been operating as a short-term rental through Airbnb and VRBO since January 2026 and has already generated approximately $13,926 in rental revenue. Unit A is currently owner-occupied. The current owners originally purchased the property using FHA financing as their primary residence, demonstrating an excellent opportunity for buyers interested in “house hacking” by living in one unit while offsetting expenses with rental income from the other. With three major colleges nearby, the property also presents excellent potential for student housing demand. Whether you are an investor seeking cash flow, a buyer looking to offset monthly expenses through owner-occupancy, or someone searching for a flexible income-producing property in a rapidly growing Sarasota location, this duplex offers outstanding versatility and long-term upside potential.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Cats OK, Dogs OK, Yes
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Other Exterior Features
Dog Run, Other, Private Entrance, Private Yard
-
Patio and Porch Features
Covered, Front Porch, Porch, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.22
-
Lot Size(square feet)
9710.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$460,000
-
Tax Amount
$5,119.21
-
Sq. Footage
1, 679
-
Price/SqFt
$273
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
19
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Middle School
High School
Listing Courtesy of Marius Mocan , DALTON WADE INC
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Emil Garinga
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