Residential Property - Single Family Residence in Sarasota
Listing Price: $355,000 (Mortgage Calculator →)
Description of Property
This versatile property offers a rare opportunity to offset most or potentially all of your monthly mortgage with a fully separate apartment unit. Perfect for owner-occupants or investors alike, this setup provides flexibility, privacy, and strong income potential. Situated in an established neighborhood and set on a generously sized lot just over a quarter acre, the property provides exceptional outdoor space, expansion possibilities, and the kind of yard size that is increasingly hard to find in central Sarasota locations. The main residence offers comfortable living with room to personalize, while the attached full apartment / in-law suite features its own private entrance, kitchen, bathroom, living area, and bedroom - ideal for rental income, multigenerational living, or a private guest space. The apartment alone can generate consistent monthly income, making day-to-day living significantly more affordable. Major structural components have already been addressed, including a roof with strong remaining life, providing an excellent starting point for the next owner. With thoughtful updates and personal touches, the property can easily be brought to modern standards with minimal demolition required. Offering solid construction and great bones, it presents an outstanding opportunity to customize and design the home to fit your exact vision and long-term goals. Location is a major highlight, just minutes from downtown Sarasota, close to shopping, dining, and entertainment, and just 2 minutes from Ed Smith Stadium. With no HOA, no CDD fees, and no deed restrictions, this property offers true ownership freedom. Whether you choose to live in one unit and rent the other, lease both, or customize the property to match your long-term plans, this is a smart opportunity in a desirable Sarasota neighborhood offering space, income potential, and upside. Schedule your private showing today and see how this home can work for you—not the other way around.
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 1,460
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Leisure Lakes
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 1,460
Sq. Ft. Living Area: 1,350
Cost per (heated) sqare foot: $263
Year built: 1956
Annual Tax: $1,366
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Window Features: Aluminum Frames
Additional Rooms: Garage Apartment
Flooring: Concrete
Schools
Elementary School: Emma E. Booker Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Private Mailbox
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Wall Units / Window Unit
Sewer: Septic Tank
Water Source: Public
Lot Information
Lot Size (acres): 0.25
Lot Size (sq. ft.): 11,011 square feet
Lot Dimensions: 77 x 143
Front Exposure: East
Legal Description & Other Information
Financing Available: USDA Loan
Parcel Number: 0042120016
Zoning: RSF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 15 LEISURE LAKES UNIT 2
Section: 16
Range: 18E
Listing courtesy of KELLER WILLIAMS ON THE WATER S. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.