Listing Details for MLS #A4663358
7348 Phillips Street, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $498,750 (Mortgage Calculator →)Days on Market: 1

Description of Property

This turnkey-furnished, three-bedroom, two-bathroom caged pool home with a study/den/office, and a one-stall garage is three blocks from Sarasota Bay in Whitfield Estates. The current owners have used it as a vacation home and have also rented it for the past four years, averaging $20,000 each year in rental income. They do have a rental booked for February and March of 2026 for $12,000 total. You, as the new owner can accept this lease and the rental income or please notify us that you do NOT want it, and we will cancel the lease for you. Built in 1962 with an effective date of 1990 from previous owner's renovations, it has a seven-year young roof, a four-year young HVAC system, the caged pool which has a four-year young solar pool heater, the flooring and baseboards are three-years young and the refrigerator and dishwasher are two-years young. The hot water heater is three-years young, and the house has all newer vinyl windows and sliding glass doors, which were done four years ago. The pool area is caged and the entire rear yard area is WHT PVC fenced with two privacy gates. There is ample driveway parking space, plus a parking pad next to the one-stall garage, and also on-street parking, There is also a 11 x 11 non-HVAC storage room attached to the home behind the side patio. The Primary Suite has dual sinks, a jet-tub and shower combo, and a walk-in closet. Both the other two bedrooms have built in closets, and the second bathroom has a tub/shower combination. The second bedroom has sliding glass doors out to the side yard of this one-third acre estate property. Whitfield Estates has no homeowner's association or association fees and this is not a deed-restricted neighborhood. It does adhere to Manatee County rules and regulations, concerning leasing and pets. Flood insurance is not required. Homeowner and wind insurance is $4,400 annually. Monthly utility and maintenance costs are on average: FPL is $250. Manatee County water, sewer, trash, recycling is $200 to $300 depending on the pool. Pool care is $135 and lawn care is $100.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $545,434. This single family residence is listed at about 91% of the average asking price. There are 40 3 bedroom/2 bath homes between $400,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »