431 N East Ave, Sarasota, FL 34237
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$ 1,200,000
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431 N East Ave Sarasota, FL 34237

5 Beds

4 Baths

2,210 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

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 A11991929

Style One Story

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1959

Annual Tax Amount $8,207

Tax Year 2025

Lot Size 0.286 Acres

Property Sub-Type Single Family Residence

Property Description

Discover an exceptional investment opportunity in one of Sarasota's fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown district, surrounded by new developments, dining, entertainment, and the cultural energy that defines the city's core. Its prime location offers outstanding potential for both long-term and short-term rental strategies.
Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota's world-class beaches only 15 minutes away.
With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you're expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today's market.

Location

State FL

County Sarasota

Community Pos Sub Of Lot 11 B

Area 5940 Florida Other

Interior

Interior Features Convertible Bedroom, Closet Cabinetry, First Floor Entry, Living/Dining Room, Main Level Primary

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Furnishings Unfurnished

Window Features Impact Glass

Appliance Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Fence, Lighting, Porch, Room For Pool, Shed, Security/High Impact Doors

Pool None

Utilities Available Cable Available

View Y/N No

View None

Roof Type Shingle

Porch Open, Porch

Garage No

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Faces North

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story

Additional Building Apartment, Shed(s)

Structure Type Block,Shingle Siding

Others

Senior Community No

Restrictions No Restrictions

Tax ID 2028120076

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Real Estate Owned


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Ballagas Realty LLC

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Sylvio Martini
Sylvio Martini

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+1(305) 876-4420 | martini@miamirealtysolution.com

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431 N East Ave