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1764 24TH STREET

Multi-family For Sale
$249,999

BTC: 3.17862683

ETH: 98.79430943

-$50K (2026/08/27)
38 days
4 bds
1,599 sqft

Overview

INVESTOR SPECIAL in one of Sarasota's most desirable and rapidly growing neighborhoods! This unique abandoned duplex is packed with potential and ready for its next chapter. Situated on an oversized lot and currently vacant, this versatile property presents an outstanding opportunity for investors seeking a fix-and-flip, a long-term cash-flowing rental, or an owner-occupant looking to live in one unit while generating income from the other. With strong upside and endless possibilities, this is a rare chance to add value in an area experiencing continued growth. From the moment you arrive, the property offers excellent functionality and accessibility with a spacious covered carport providing protected parking and additional covered outdoor living space. A fully fenced front yard with gated entry enhances privacy while allowing convenient street access. Each unit features its own private entrance, making the layout ideal for tenants, multigenerational living, or house hacking. A covered walkway connects both units, while the expansive front and side yards provide ample space for additional parking, outdoor entertaining, or future improvements. The simple, low-maintenance exterior creates a solid foundation for renovation while maximizing long-term investment potential. Inside, one of the units features a functional layout with an open living and dining area that flows into the kitchen, creating an efficient use of space. Durable ceramic tile flooring extends throughout the home, while the kitchen offers generous cabinet and countertop space with excellent potential for modernization. The bedrooms are comfortably sized with built-in closets, and the full bathroom includes a tub/shower combination and practical layout. An attached utility and storage room provides additional flexibility for laundry, storage, or workshop space. This unit would benefit from cosmetic updates, making it an excellent value-add opportunity to increase equity and rental income. The second unit is currently secured, and keys are not presently available; however, the entire property is vacant, and the second unit is believed to offer a substantially similar floor plan and layout. Buyers are encouraged to verify all room dimensions, features, and condition during their own due diligence. Major improvements include a brand-new roof installed in 2023, providing significant value and peace of mind. Utilities are currently off. With no HOA and no rental restrictions, this property offers exceptional flexibility for both short- and long-term investment strategies. Whether you're looking to renovate and resell, build a long-term income-producing asset, or occupy one unit while renting the other, this Sarasota duplex offers incredible potential. Property is being sold as-is.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1961
Lot:
0.13 Acres
Heating:
Other
Price/sqft:
$156
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$785,000
$489K – $2.2M
Confidence Low
List vs. estimate
$535K below estimate
List $249,999 · -68.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$156
-55.2% vs. city median $349
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,444
2025
All facts and features
  • Heating

    • Other

    Cooling

    • Other

    Other interior features

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Exterior Features: Other

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 2024020046

    • Zoning: RSF4

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $2,444

  • Source details

    • MLS ID: TB8536167

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Other

    • Living Area: 1599

    • Water Source: Private

    • Lot Size Dimensions: 50 x 115

    • Subdivision Name: NEWTOWN

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: RICHARD PETERS REALTY LLC