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3731 PAPAI DRIVE

Multifamiliar En Venta
$449,777

BTC: 6.84592085

ETH: 265.98285038

Nuevo
5 camas
1,818 sqft

Visión general

Rare investment opportunity in Sarasota! Multi-family properties are seldom available in this predominantly single-family neighborhood, making this duplex a unique addition to any real estate portfolio. This income-producing property offers two separately leased units with a combined living area of approximately 1,818 square feet on a 7,800-square-foot lot. The front unit features 3 bedrooms, 1 bathroom, & a dedicated laundry room while the second (Back) unit offers 2 bedrooms, 1 bathroom, and backyard access. Both units are currently occupied through 3/31/2026, providing immediate rental income and minimizing vacancy risk for investors seeking stable cash flow. Electric/Water are not separately metered and Landlord pays these two utilities. Several major improvements have already been completed, including a new roof in 2019, updated HVAC in 2023 (back unit uses window units), and an updated electrical panel in 2023. The property is in the central Sarasota area with easy access to shopping, dining, schools, employment centers, downtown Sarasota, and the area's world-famous Gulf Coast beaches. Gross rents of $4,010. Annual Leases. Seller will consider owner financing. Showings require advanced notice. Call today!

Ubicación

Detalles

Tipo:
Residential Income
Estacionamiento:
Driveway
Año de construcción:
1960
Lote:
0.18 Hectáreas
Calefacción:
Central
precio por sq. medidor:
$247
Enfriamiento:
Central Air / Wall/Window Unit(s)
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$529,000
$443K – $1.6M
Confidence Low
List vs. estimate
$79K below estimate
List $449,777 · -15.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$247
-40.0% vs. city median $412
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$3,818
2025
View
Trees/Woods
Más hechos y características
  • Piso

    • Tile

    Calefacción

    • Central

    Enfriamiento

    • Central Air

    • Wall/Window Unit(s)

    Accesorios

    • Dishwasher

    • Range

    • Range Hood

    • Refrigerator

    Otras características interiores

    • Ceiling Fan(s)

    • Open Floorplan

    • Thermostat

    Dormitorios y baños

    • Dormitorios: 5

  • Estacionamiento

    • Driveway

    Propiedad

    • Pisos: One

    • Características Exteriores: Fenced / Storage

    Lote

    • Lote: 0.18 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 0063150041

    • Zonificación: RSF3

  • Tipo y estilo

    • Tipo de propiedad: Residential Income

    • Subtipo de propiedad: Duplex

  • Utilidad

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Otra información financiera

    • Importe anual de impuestos: $3,818

  • Detalles de la fuente

    • MLS ID: A4697057

    Otros hechos

    • Materiales de construcción: Block / Stucco

    • Detalles de la fundación: Slab

    • Características de lavandería: Laundry Room

    • Características del lote: In County

    • Características de la ventana: Blinds

    • Otras estructuras: Shed(s)

    • Salón: 1818

    • Fuente de agua: Public

    • Nombre de subdivisión: RIDGEWOOD ESTATES ADD 01 RESUB

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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: RELAX PROPERTY GROUP, LLC