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1903 N ALLENDALE AVENUE

House For Sale
$550,000

BTC: 5.53041785

ETH: 160.81871345

8 days
5 bds
3 ba
1,900 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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, Sarasota-Bradenton Airport and the UTC Shopping Mall are both under 10 minutes away, making this an ideal spot for residents or vacationers. Whether you want to live in one unit and rent the other, or lease both, this property is ready to be a valuable addition to your investment portfolio.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1956
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$289
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 0042130052

    • Zoning: RSF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $2,817

  • Source details

    • MLS ID: TB8320670

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: North

    • Fireplace: Yes

    • Living Area: 1900

    • Water Source: Public

    • Lot Size Dimensions: 77 x 143

    • Subdivision Name: LEISURE LAKES

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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 ©2024-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: SELLING USA, LLC