4975 DAVID AVENUE

For Sale

$379,999

BTC: 5.92637243

ETH: 199.72196527

2 days

For Sale

6 bds •

4 ba •

2,201 sqft

Overview

Virtually Staged. ** Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities. Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements. The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans. The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area. Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**

Location

Florida • SARASOTA • 34234 • For Sale

Details

Type:

Residential

Parking:

Driveway / Off Street

Year Built:

1992

Lot:

0.25 Acres

Heating:

Central / Electric

Price/sqft:

$173

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

Driveway / Off Street

Year Built:

1992

Lot:

0.25 Acres

Heating:

Central / Electric

Price/sqft:

$173

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$615,000

$371K – $1.6M

Confidence Low

List vs. estimate

$235K below estimate

List $379,999 · -38.2%

Our model says this listing is priced below recent comparable activity. Expect competition.

Price per sq ft

$172

-46.8% vs. city median $324

Based on

7 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$5,730

2025

Pets

Allowed

All facts and features

Flooring

• Ceramic Tile

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Electric Water Heater

• Refrigerator

Other interior features

• Ceiling Fan(s)

• Primary Bedroom Main Floor

• Thermostat

Bedrooms and bathrooms

• Bedrooms: 6

• Full bathrooms: 4
Parking

• Driveway

• Off Street

Property

• Levels: One

• Exterior Features: Private Entrance / Rain Gutters / Sliding Doors

Lot

• Lot: 0.25 Acres

Other Property Information

• Parcel Number: 2001090024

• Zoning: RMF2
Type and style

• Property Type: Residential

• Property Sub Type: 1/2 Duplex
Utility

• Cable Available

• Electricity Connected

• Public

• Sewer Connected

• Street Lights

• Water Connected
Other financial information

• Annual tax amount: $5,730
Source details

• MLS ID: TB8529444

Other facts

• Construction Materials: Wood Frame / Wood Siding

• Foundation Details: Slab

• Laundry Features: Electric Dryer Hookup / Inside / Washer Hookup

• Lot Features: City Lot / Level / Near Public Transit

• Patio And Porch Features: Porch / Rear Porch

• Direction Faces: East

• Architectural Style: Florida

• Living Area: 2201

• Water Source: Public

• Subdivision Name: ARMSTRONG ACRES

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RICHARD PETERS REALTY LLC

4975 DAVID AVENUE

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

Other

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