$1,200,000 ($542.99 per sqft)

Est. Mortgage $5,911/mo *

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431 N East Ave, Sarasota, FL, 34237

431 N East Ave, Sarasota, FL, 34237

5 beds

4 Full baths

1959

One Story

2,210 sqft

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.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Washer Hookup,Dryer Hookup

Zoning:

DTN - DOWNTOWN NEIGH

Subdivision:

POS SUB OF LOT 11 B

Garage:

Driveway, Guest, RV Access/Parking

Heating:

Central, Electric

Cooling:

Central Air, Electric

Energy Features:

Appliances, HVAC

Est. Taxes:

$8,207

Construction

Block,Shingle Siding

Utilities

Cable Available

Lot Description:

1/4 to 1/2 Acre Lot

View Description:

None

Days on Market:

1

Appliances:

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

Pool:

None

MLS #:

A11991929


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Ballagas Realty LLC 305-349-3182