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431 N East Avenue, Sarasota FL 34237

Multi-family For Sale
$1,200,000

BTC: 18.75000000

ETH: 630.70260270

28 days
0 room(s)
2,210 sqft

Overview

Discover an exceptional opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1959
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$543
Cooling:
Central Air / Electric
HOA:
No Data

Highlights

Annual tax
$8,207
2025
Parking
10 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

  • Property

    • Exterior Features: Room For Pool

    Other Property Information

    • Parcel Number: 2028120076

    • Zoning: DTN - DOWNTOWN NEIGH

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Green energy

    • Appliances

    • HVAC

  • Other financial information

    • Annual tax amount: $8,207

  • Source details

    • MLS ID: A12038154

    Other facts

    • Construction Materials: Concrete Block Construction / Composition Shingle

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features: Open Porch

    • Window Features: Clear Impact Glass

    • Architectural Style: Attached

    • Living Area: 2210

    • Water Source: Municipal Water

    • Subdivision Name: POS SUB OF LOT 11 B

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. 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: Ballagas Realty LLC