4975 David Avenue, Sarasota, FL 34234
- $359,999
- 6
- BD
- 4
- BA
- 2,201
- SqFt
- List Price
- $359,999
- Status
- Active
- Days on Market
- 10
- Price Change
- ▼ $20,000 1784840906
- MLS#
- TB8529444
- Property Style
- Half Duplex
- Architectural Style
- Florida
- Year Built
- 1992
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 2,201
- Lot Size
- 10,730
- Acres
- 0.25
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Armstrong Acres
- Community Name
- Armstrong Acres
- MLS Area Major
- Sarasota
Property Description
Virtually Staged. **<INVESTOR SPECIAL><HIGHEST & BEST BY 08/01/2026> Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities. Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements. The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans. The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area. Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**
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Additional Information
- Taxes
- $5730
- Minimum Lease
- No Minimum
- Location
- City Limits, Level, Near Public Transit, Paved
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- One Story, Attached
- Zoning
- RMF2
- Interior Layout
- Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
- Interior Features
- Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
- Floor
- Ceramic Tile
- Appliances
- Electric Water Heater, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Frame, Wood Siding
- Exterior Features
- Private Entrance, Rain Gutters, Sliding Doors
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Driveway, Off Street
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 2001090024
- Legal Description
- COM AT INTRS OF S LINE OF NE 1/4 OF SE 1/4 TH S-00-11-56-E 30 FT TH S-89-07-57-W 1015.5 FT TH S- 00-08-38-E 200 FT FOR POB TH CONT S-00-08-38-E 70 FT TH S-89- 07-57-W 134.25 FT TH N-00-08-38- W 70
Listing courtesy of RICHARD PETERS REALTY LLC. 352-448-9712
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