Twitter
Facebook
Email
|
A rare opportunity to acquire a beautifully restored 1940 coastal-inspired Key West style Florida bungalow positioned on an oversized 0.38-acre parcel offering future subdivision potential. Following closing, the property may be split into three separate lots, creating one residence lot with the existing home, and two additional buildable parcels"”an exceptional value-add opportunity in a highly desirable Sarasota location. The turnkey furnished 3-bedroom, 1.5-bath residence blends architectural character with curated modern upgrades. Interior highlights include refinished bamboo and wood flooring, exposed wood ceiling beams, and custom cedar built-ins that enhance the home's refined coastal Key West bungalow aesthetic. The chef's kitchen is thoughtfully designed with solid wood cabinetry, quartz countertops, an imported Italian tile backsplash, and updated stainless steel appliances. An adjacent addition provides expanded pantry storage and a laundry area, leading to a spa-inspired primary bathroom featuring dual vanities, a freestanding soaking tub, and a walk-in rain shower. The upper level hosts a private primary suite with a generous walk-in closet with built-ins, a second bedroom, and an updated half bath, while the third bedroom is conveniently located on the main level"”ideal for guest accommodations or flexible use. Outdoor living has been elevated to an almost resort-style experience, featuring a 12-foot above-ground pool/spa with custom wood decking, multiple patios finished with imported Italian crystal tile, and a lush botanical setting with over 200 plantings and mature fruit trees including banana, mango, avocado, peach, and guava. Additional amenities include a pavilion, private outdoor shower, and a firepit designed for elevated entertaining and relaxation. Significant capital improvements include a 2023 metal roof, hurricane-rated windows, 2021 HVAC system, 2022 water heater, recent connection to public water, and a 2024 well pump with filtration system also on property. The home offers insulated and drywalled interiors, newly installed wheelchair-accessible outdoor walkway paths, an extended 6+ vehicle driveway, and a 12x14 detached workshop or garage, further enhancing functional versatility. With no HOA, no deed restrictions, and no flood insurance required, this property presents an exceptional combination of lifestyle appeal and long-term investment flexibility. Ideally located just minutes from downtown Sarasota's premier dining, shopping, and cultural attractions, this offering is well-suited for private ownership, redevelopment, or strategic portfolio expansion.
| DAYS ON MARKET | 52 | LAST UPDATED | 3/17/2026 |
|---|---|---|---|
| TRACT | TUCKERS SUB | YEAR BUILT | 1940 |
| COMMUNITY | 34232 - Sarasota/Fruitville | GARAGE SPACES | 2.0 |
| COUNTY | Sarasota | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Fruitville Elementary |
|---|---|
| Jr. High School | McIntosh Middle |
| High School | Sarasota High |
| PRICE HISTORY | |
| Prior to Mar 17, '26 | $725,000 |
|---|---|
| Mar 17, '26 - Today | $625,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener |
| AREA | 34232 - Sarasota/Fruitville |
| CONSTRUCTION | Frame, Wood Siding |
| EXTERIOR | Dog Run, Garden, Lighting, Outdoor Shower, Rain Gutters, Storage |
| GARAGE | Yes |
| HEAT | Central, Electric |
| INTERIOR | Built-in Features, Stone Counters, Walk-In Closet(s) |
| LOT | 0.38 acre(s) |
| LOT DESCRIPTION | Landscaped, Level, Near Public Transit, Paved |
| PARKING | Boat, Driveway, Garage Faces Rear, Oversized, RV Access/Parking, Workshop in Garage |
| POOL | Yes |
| POOL DESCRIPTION | Above Ground, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Bungalow, Florida, Key West |
| SUBDIVISION | TUCKERS SUB |
| TAXES | 4798 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected |
| WATER | Private, Public, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Lee
Valdes to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Michael Grant, DREAMIFY REAL ESTATE LLC, brokermikegrant@gmail.com
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 3/19/26 6:29 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.