Save to Favorites
Print
Share
PRICE $559,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,159 sqft
LOT SIZE 10,019 sqft

*Price Improvement, Seller Motivated!* This home remained unaffected by recent storms, with all surrounding debris promptly removed. The exterior and decks have been professionally power washed, ensuring a clean, fresh look that's ready for new owners to enjoy! Discover an exceptional multi-family duplex located in the heart of Sarasota, with a recent sale of a multifamily home on the same street, this property is attractively priced for the neighborhood, offering a unique opportunity to invest in a highly desirable area with proven market interest. This property is ideally situated on a peaceful two-lane cul-de-sac, featuring beautiful county maintained treed green space, making it perfect for both multi-family living and as a family home with a separate private entrance mother-in-law apartment. This duplex boasts numerous features including central air and heat, a new roof installed in 2021, PVC plumbing, and separate electric meters with upgraded panels. This property presents a remarkable investment opportunity with cap rate that is expected to improve in this high-demand rental neighborhood. The duplex features two distinct units. Unit 1 is a spacious 2 bedroom, showcasing natural red oak floors, Hunter Douglas Cellular Tech shades, and an updated bath complete with floor-to-ceiling porcelain tile, an Italian hand-painted pedestal sink, matching bidet, and a luxurious jetted tub. A discreet laundry closet is conveniently located opposite the bath. The designer chef's kitchen features high-end stainless steel appliances, butcher block counters, and dramatic porcelain flooring, complemented by an adjacent pantry for added efficiency. Unit 2, a cozy 1 bedroom, feels larger due to its open design and large windows offering lush tropical views. This unit includes a separate driveway and private gated entry, along with a secluded outdoor patio. It features laminate flooring in the main room, floor-to-ceiling ceramic tile in the bath, and high-quality carpet in the bedroom, complete with an jetted tub. The utility lines are all underground, eliminating any overhead wire! Upgraded windows enhance both efficiency and aesthetics. The meticulously landscaped grounds are adorned with mature trees that provide luxurious shade and complete privacy thanks to the fenced yard. Additional outdoor amenities include photovoltaic lighting and separate driveways for generous off-street parking, along with a permitted 100 sq. ft. workshop/storage building with electric. Don't miss this incredible opportunity to own a beautifully maintained multi-family property in a thriving neighborhood"”schedule a showing today!

DAYS ON MARKET 64 LAST UPDATED 10/31/2024
TRACT HARBOR OAKS YEAR BUILT 1950
COMMUNITY 34231 - Sarasota/Gulf Gate Branch COUNTY Sarasota
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Phillippi Shores Elementary
Jr. High School Brookside Middle
High School Riverview High

PRICE HISTORY
Prior to Oct 31, '24 $569,000
Oct 31, '24 - Today $559,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer
AREA 34231 - Sarasota/Gulf Gate Branch
BASEMENT Crawl Space
CONSTRUCTION Vinyl Siding
EXTERIOR Garden, Lighting, Rain Gutters, Storage
HEAT Central
LOT 10019 sq ft
LOT DESCRIPTION Cul-de-sac, Landscaped, Level, Paved
PARKING Driveway, Off Street, Oversized, Parking Pad
SEWER Public Sewer
STORIES 1
SUBDIVISION HARBOR OAKS
TAXES 1057
UTILITIES Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
VIEW Yes
VIEW DESCRIPTION Garden, Trees/Woods
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 2116 PALM TERRACE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Lorraine Valdes to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Melissa Godio, SHOWTIME REALTY, 941-822-0890
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 6:45 PM PST.

This IDX solution is (c) Diverse Solutions 2024.