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1805 IVANHOE STREET

Multi-family For Sale
$1,050,000

BTC: 10.55807044

ETH: 307.01754386

-$140K (2024/07/21)
139 days
4 bds
1,441 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

$90,000 / YEAR in gross income! NO flooding. NO storm damage. Neither Debby, Helene nor Milton could ruin this beauty! Impressively well built duplex is ready for you to take over this great income producing property within close proximity to every amenity you can dream up! Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income. We proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary. Radiating exclusivity, this income-producing gem is strategically positioned just steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club, and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment. This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations, or community development districts, this property offers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees. Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation. Each unit features two bedrooms, two full baths, and a private outdoor retreat on each side surrounded by lush foliage—a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring, and custom plantation shutters blend style with functionality. Outside, residents, guests, and renters enjoy a coastal paradise with swaying palm trees, sandy expanses, and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews. Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking, and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers, and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished. Seize this chance to own a rare cash flow property in one of Sarasota's most desirable neighborhoods. The blend of upscale living, prime location, and lucrative rental potential makes this duplex a standout investment in the thriving Sarasota real estate market. Don't miss out on this rarely available duplex for sale—an exceptional opportunity for discerning investors and homeowners alike.

Location

Facts and features

Type:
Residential Income
Parking:
Driveway / Ground Level / On Street / Open
Year Built:
1971
Lot:
0.17 Acres
Heating:
Central
Price/sqft:
$729
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Marble

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Built-in Features

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Driveway

    • Ground Level

    • On Street

    • Open

    Property

    • Levels: One

    • Exterior Features: French Doors / Outdoor Grill / Outdoor Shower / Private Mailbox

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 0076090016

    • Zoning: RSF3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,490

  • Source details

    • MLS ID: A4616198

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Lot Features: In County / Near Golf Course / Near Marina / Near Public Transit / Private / Street Dead-End

    • Patio And Porch Features: Covered / Rear Porch

    • Living Area: 1441

    • Water Source: Public

    • Lot Size Dimensions: 59 x 125

    • Subdivision Name: SOUTH HIGHLAND AMD OF

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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: COLDWELL BANKER REALTY