1903 N ALLENDALE AVENUE
Sarasota, FL 34234
$550,000
1900 sqft | 5 beds | 3 baths | 0.25 acres | #TB8320670
For Sale
Description
Discover a fantastic investment opportunity with this beautifully renovated property, perfectly located on an 11,000 sq ft lot. This unique setup includes two separate, income-generating residences: a spacious main house with three bedrooms and two bathrooms, and a cozy detached apartment with two bedrooms and one bathroom. Both properties were fully updated in 2024, including new electrical, plumbing, AC, roof, kitchens, bathrooms, and impact windows and doors, making this truly turnkey—move-in or rent-ready from day one.
With current appraisals placing its value at $625,000, this property comes with approximately $100,000 in equity, offering an excellent return for the next owner. Rental potential is high, with similar properties in the area fetching around $4,500 monthly for both units combined. For even more earning potential, consider turning it into a short-term rental or Airbnb.
The location adds significant appeal: two blocks from the Baltimore Orioles Stadium, five minutes from downtown Sarasota, and within easy reach of top beaches—Lido Key is 10 minutes away, while Siesta Key, one of the nation’s best, is just a 20-minute drive. Plus,
Interior Details
Interior Features
- Interior:Ceiling Fans(s)
Beds & Baths
- Bedrooms:5
- Bathrooms:3
- Full Baths:3
Property Details
Property
- Stories:1
- Exterior materials:Other
Measurements
- Acres:0.25
- Square Feet:1900
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1956
Material information
- Foundation:Slab
Utilities / Energy Details
Utility
- Sewer information:Septic Tank
- Utility source:Public
- Utility features:Cable Available, Electricity Connected, Public
Community and Neighborhood Details
Community
- Subdivision:LEISURE LAKES
Location
- County:Sarasota
Financial Details
Pricing Details
- Original List Price:$550, 000
- Days on Market (Cumulative):7
- Taxes annual:$2, 817
Other
Source
- MLS #:TB8320670
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Patricio R. Mosquera
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Lierly Roque Reyes
Listing Office: SELLING USA, LLC
Patricio R. MosqueraReal Estate Group
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
Estimated Monthly Payment
$0.00
Loan Amount
$0.00
