Residential Property - Single Family Residence in Sarasota
Listing Price: $999,999 (Mortgage Calculator →)
Description of Property
Investor alert. Exceptional opportunity to own a beautifully renovated, income-producing property offering over an 8 cap rate in one of Sarasota’s most desirable locations. Situated on nearly half an acre and sold fully furnished turnkey, this four-bedroom, two-bath residence is perfectly positioned just minutes from the water, downtown Sarasota, and in close proximity to Sarasota-Bradenton International Airport. Designed for both lifestyle and investment potential, the home blends modern updates with effortless Florida living. The spacious layout, stylish interiors, and expansive outdoor space create a property that appeals to seasonal renters, annual tenants, or personal use. Whether you are looking to expand your portfolio, secure a vacation rental asset, or invest in Sarasota’s thriving market, this property delivers location, flexibility, and strong returns. Rarely does an opportunity combine turnkey convenience, strong income potential, and such a prime location this close to Sarasota’s waterfront lifestyle.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Manatee
Subdivision: Ballentine Manor Estates
Bedrooms: 4
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 3,023
Sq. Ft. Living Area: 2,347
Cost per (heated) sqare foot: $426
Year built: 1963
Annual Tax: $11,158
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Living Room
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Yes
Pool Features: In Ground
Exterior & Construction
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.55
Lot Size (sq. ft.): 24,124 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 6804900006
Zoning: RSF3/WR/
Tax Legal Desc.: LOT 28, E 25 FT LOT 30 BLK H BALLENTINE MANOR ESTATES, SUBJ TO PERPETUAL AVIGATION EASEMENT DESC IN OR 1960/2723 PI#68049.0000/6
Section: 35
Range: 17
Listing courtesy of DOUGLAS ELLIMAN. 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.