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11704 40TH AVENUE W

Multi-family For Sale
$584,000

BTC: 7.17797443

ETH: 240.13157895

New
5 bds
1,620 sqft

Overview

Recently renovated duplex in Sunny Shores, nestled in historic Cortez just minutes from Anna Maria Island’s beautiful beaches. Featuring a spacious 3-bedroom, 2-bath residence and a separate 2-bedroom, 1-bath residence, this property offers flexibility for an investor or an owner looking to live in one side and rent the other. Gross annual rental income is approximately $40,000. Recent improvements include new kitchens and bathrooms, impact windows and doors, new A/C systems, new water heaters, and beautifully refinished terrazzo flooring. The roof was completed in 2023, adding to the property’s appeal. Enjoy a coastal community with a clubhouse, pickleball court, and a bayside beach at Sunny Shores Coastal Park. Parrot Cove Marina is also located within the community. Close to local seafood restaurants, Cortez’s working waterfront, and the beaches of Anna Maria Island, this duplex combines updated living with income potential in a desirable coastal location.

Location

Details

Type:
Residential Income
Parking:
Driveway
Year Built:
1972
Lot:
0.16 Acres
Heating:
Central / Electric
Price/sqft:
$360
Cooling:
Central Air
HOA:
$80

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,900
$440K – $1.3M
Confidence Low
List vs. estimate
$134K above estimate
List $584,000 · +29.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$360
+25.6% vs. city median $286
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,772
2025
HOA
$80/yr
View
Garden, Trees/Woods
Pets
Allowed
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Driveway

    Property

    • Exterior Features: Sliding Doors / Storage

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 7537100005

    • Zoning: RDD4.5/C

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Public

  • Other financial information

    • HOA: $80

    • HOA Frequency: Annually

    • Annual tax amount: $5,772

  • Source details

    • MLS ID: A4709214

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Block

    • Laundry Features: In Garage

    • Lot Features: Corner Lot / FloodZone

    • Patio And Porch Features: Deck

    • Window Features: Double Pane Windows

    • Living Area: 1620

    • Water Source: Public

    • Subdivision Name: SAGAMORE ESTATES

Private inquiry
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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: BEACH HOUSE REAL ESTATE LLC