322 Suwanee Avenue, Sarasota, FL 34243

$975,000
4
BD
3
BA
2,347
SqFt

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Sold Price
$975,000
List Price
$999,900
Status
Sold
Days on Market
68
Closing Date
Mar 12, 2025
MLS#
A4627779
Property Style
Single Family
Year Built
1963
Bedrooms
4
Bathrooms
3
Baths Half
1
Living Area
2,347
Price per sq. ft.
426.03
Lot Size
24,124
Acres
0.55
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Ballentine Manor Estates
Community Name
Ballentine Manor Estates
MLS Area Major
Sarasota

Property Description

Welcome to an exceptional residence in the highly sought-after Ballentine Manor Estates, where pride of ownership shines through in every detail. Nestled on an expansive half-acre lot "West of the Trail," this stunning 4-bedroom, 2.5-bath home offers a seamless blend of sophistication and comfort with a backyard that rivals a private resort. Completely remodeled with high-end finishes and designer touches, this home features Terrazzo, hardwood, and marble flooring throughout. The gourmet kitchen, thoughtfully open to the main living space, is a chef's dream—complete with stainless steel appliances, an induction cooktop, granite countertops, a large center island, a wet bar with a mini fridge, and ample cabinet storage. The primary suite boasts a custom walk-in closet and an exquisite en-suite bathroom with marble floors, dual vanities, a soaking tub, and a walk-in shower. The versatile fourth bedroom can serve as a cozy family room or office, enhanced by a fireplace and large windows that overlook the expansive, fully fenced backyard. Step outside to your own private paradise, featuring a heated pool, a firepit, an elevated sundeck with custom lighting, and ample space for lounging, entertaining, and relaxation. Located just three homes away from Sarasota Bay but not in a flood zone, you’re only a short stroll away from breathtaking waterfront views and unforgettable sunsets. Recent upgrades include a new roof (April 2023), water heater (2023), pool pump (2023), HVAC (2021), UV light (2024), dishwasher (2021), Speed Queen washer and dryer (2024), refrigerator (2024), decorative lighting, and a ~520 sq. ft. garage transformed into a game room with a mini-split AC. This property is not only a fantastic family home but also offers incredible income potential as it currently operates as a top performing Airbnb. Gross revenue for 2022 was $202K, $183K for 2023 and $72K for January to mid-May 2024. With its expansive backyard, there’s incredible potential to further boost revenue by adding popular amenities like pickleball, mini-golf, or volleyball - creating endless opportunities for growth. Located only minutes from SRQ Airport and top-notch shopping and dining, this home is an extraordinary opportunity that you don’t want to miss! Furniture is negotiable. A recently completed cost segregation study is included. Insurance is $4,997.46 annually.

Additional Information

Taxes
$9390
Minimum Lease Period
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF3/WR/
Interior Features
Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Floor
Marble, Terrazzo, Wood
Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Lighting, Sidewalk, Sliding Doors, Storage
Roof
Shingle
Foundation
Slab
Pool
Private
Pool Type
Gunite, Heated, In Ground
Garage Carport
2 Car Garage
Garage Spaces
2
Water View
Bay/Harbor - Partial
Flood Zone Code
X
Parcel ID
6804900006
Legal Description
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

Listing courtesy of EXP REALTY LLC. 888-883-8509

Selling Office: STELLAR NON-MEMBER OFFICE.

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