MLS# TB8320670 – 1903 N Allendale Avenue, Sarasota, FL 34234

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$550,000 - 5Br/3Ba - for Sale in Leisure Lakes, Sarasota
Price: $550,000
Beds: 5
Baths: 3
Living Area SqFt: 1,900
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.25
Lot Size SqFt: 11,011
Year Built: 1956
Neighborhood: Leisure Lakes
Days on Website: 10

Courtesy of SELLING USA, LLC {attribution_contact}

Property Description

Discover a fantastic investment opportunity with this beautifully renovated property, perfectly located on an 11,000 sq ft lot. This unique setup includes two separate, income-generating residences: a spacious main house with three bedrooms and two bathrooms, and a cozy detached apartment with two bedrooms and one bathroom. Both properties were fully updated in 2024, including new electrical, plumbing, AC, roof, kitchens, bathrooms, and impact windows and doors, making this truly turnkey—move-in or rent-ready from day one. With current appraisals placing its value at $625,000, this property comes with approximately $100,000 in equity, offering an excellent return for the next owner. Rental potential is high, with similar properties in the area fetching around $4,500 monthly for both units combined. For even more earning potential, consider turning it into a short-term rental or Airbnb. The location adds significant appeal: two blocks from the Baltimore Orioles Stadium, five minutes from downtown Sarasota, and within easy reach of top beaches—Lido Key is 10 minutes away, while Siesta Key, one of the nation’s best, is just a 20-minute drive. Plus, Sarasota-Bradenton Airport and the UTC Shopping Mall are both under 10 minutes away, making this an ideal spot for residents or vacationers. Whether you want to live in one unit and rent the other, or lease both, this property is ready to be a valuable addition to your investment portfolio.

Property Details and Features

  • Building
  • Living Area Meters: 176.52
  • Room Count: 5
  • Building Area Total: 1900
  • Building Area Units: Square Feet
  • Construction Materials: “Block”, “Stucco”
  • Direction Faces: North
  • Levels: “One”
  • Living Area: 1900
  • Stories Total: 1
  • Year Built: 1956
  • Listing
  • Available For Lease
  • Minimum Lease: No Minimum
  • Calculated List Price By Calculated Sq Ft: $289
  • Lot
  • Lot Size Square Meters: 1023
  • Total Acreage: 1/4 to less than 1/2
  • 0.25 acres
  • 11011 square feet
  • Dimensions: 77×143
  • Property Access
  • Road Surface: “Asphalt”
  • Appliances & Equipment
  • Appliances: “Dishwasher”, “Disposal”, “Electric Water Heater”, “Microwave”, “Range”, “Refrigerator”
  • Bathrooms
  • 3 full bathrooms
  • Bedrooms
  • Bedrooms Total: 5
  • Cooling
  • Cooling: “Central Air”
  • Disclosures
  • Disclosures: “Lead Paint”
  • Exterior Features
  • Exterior Features: “Other”
  • Floors
  • Flooring: “Luxury Vinyl”
  • Foundation
  • Foundation Details: “Slab”
  • Heating
  • Heating: “Central”
  • Interior Features
  • Interior Features: “Ceiling Fans(s)”
  • Laundry
  • Laundry Features: “Laundry Room”
  • Location
  • County or Parish: Sarasota
  • Subdivision: LEISURE LAKES
  • Township: 36S
  • Property
  • Zoning: RSF3
  • Roof
  • Roof: “Shingle”
  • Sewer
  • Sewer: “Septic Tank”
  • Utilities
  • Utilities: “Cable Available”, “Electricity Connected”, “Public”
  • Water Source: “Public”

Property Map

$550,000 – 1903 N Allendale Avenue, Sarasota, FL 34234

Street View

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This content last updated on November 23, 2024 19:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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