Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
1,568
One or more photo(s) has been virtually staged. Income-Producing Property with Additional Build Potential in South Sarasota! This is a rare chance to own a beautifully remodeled 4-bedroom home plus an adjoining lot with a solid 30’x24’ block workshop/garage (720 sq. ft.) that already has blueprints to be converted into a 2-bedroom, 1-bathroom home. With the lot value alone estimated at $200,000, no HOA restrictions, and owner financing available, this property offers multiple avenues for generating income. The main residence has a proven rental history of $2,800/month on annual leases, and at one time the exterior garage was successfully rented to a handyman business—making this a unique opportunity for business owners who want to live and work on the same property. Live in the main house while building a rental next door, create a multi-generational setup, or establish a two-home income stream. Need help making your HGTV Story a reality? We can assist with builder plans and contractors! The main residence is fully updated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, new HVAC, tankless water heater, and a roof replaced in 2020. A private in-law/guest suite with its own entrance, spa-like bathroom, and living room makes the home ideal for Airbnb or rental use, while three additional bedrooms and a stylish second bath provide plenty of space for family or guests. Outdoors, enjoy multiple entertainment areas including a raised deck with built-in seating, screened lanai, and awning-covered patio, all set among lush mature landscaping with an extra-wide stone driveway. There’s room to add a hot tub or pool, further boosting rental appeal. Situated off US41 directly across from The Landings, this property provides unmatched convenience to Phillippi Estate Park, Sarasota’s shopping and dining districts, and the world-famous beaches of Siesta Key and Turtle Beach. This combined package delivers a turnkey remodeled home plus a ready-to-develop second residence—a true income-producing powerhouse in the heart of South Sarasota, with live/work potential for business owners and flexible financing options to make it yours.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Stucco, Vinyl Siding
-
Other Exterior Features
Awning(s), Storage
-
Parking
Boat, Driveway
-
Patio and Porch Features
Covered, Deck, Patio, Porch, Rear Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Trees/Woods
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.45
-
Property Type
Residential Income
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$595,000
-
Tax Amount
5312.02
-
Sq. Footage
1, 568
-
Price/SqFt
$379
HOA
-
Association
NO
School District
-
Elementary School
Phillippi Shores Elementary
-
Middle School
Brookside Middle
-
High School
Riverview High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
11 12
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Riverview High
Listing Courtesy of Rachel Tritschler , RE/MAX ALLIANCE GROUP
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