3939 Groveland Avenue, Sarasota, FL 34231

$640,000
2,458
SqFt

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Sold Price
$640,000
List Price
$675,000
Status
Sold
Days on Market
7
Closing Date
Oct 15, 2024
MLS#
N6134366
Property Style
Duplex
Year Built
1959
Living Area
2,458
Price per sq. ft.
274.61
Lot Size
17,220
Acres
0.40
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Grove Park
Community Name
Grove Park
MLS Area Major
Sarasota/Gulf Gate Branch

Property Description

Discover a golden opportunity in the heart of Sarasota with this newly listed multi-family property. This charming updated duplex offers four bedrooms and three bathrooms, providing ample space for comfortable living and a smart investment. With 3,000 square feet of interior space, this property presents a unique chance for savvy investors or those seeking to offset their mortgage through rental income. Unit A-1500 sq ft 2 beds and 2 bath, Unit B -1500 sq ft 2 beds and 2 bath. The dual-unit setup allows for flexible living arrangements, whether you choose to occupy one unit and rent out the other or maximize your returns by leasing both. This property features Vaulted ceilings, Beautiful landscaped yard, extended paver driveway, paver patios screened lanais with ceiling fans. The right side of the duplex will come furnished and fully equipped for rentals. Fresh Exterior Paint 2024! Situated in a desirable neighborhood, this duplex benefits from its proximity to various amenities. Just a short distance away, you'll find the A Rated Schools, offering educational opportunities for families in the area. When it comes to daily necessities, look no further than Trader Joes, Publix, Walmart, located within easy reach. This proximity to grocery shopping adds an extra layer of convenience for both residents and potential tenants. For outdoor enthusiasts and Beach lovers, Siesta Key is just a short drive away. This nearby Beaches provides a perfect setting for leisurely walks, picnics, or simply unwinding amidst best beaches Lido and Siesta Key . The property's location strikes an ideal balance between residential tranquility and urban accessibility. Its position in Sarasota offers residents the best of both worlds – a peaceful retreat with easy access to the city's vibrant amenities and attractions. Investors will appreciate the potential for steady rental income, given the property's desirable location and the area's strong rental market. The duplex format allows for diversified income streams, providing a buffer against vacancy periods. Don't miss this chance to own a piece of Sarasota real estate that combines practicality with profit potential. Whether you're looking for a home with income-generating capabilities or a pure investment property, this duplex ticks all the boxes. Schedule a viewing today and take the first step towards your real estate goals in one of Florida's most sought-after communities.

Additional Information

Taxes
$4937
Minimum Lease Period
1 Month
Annual Gross Income
61630
Location
Landscaped
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RMF2
Interior Features
Ceiling Fans(s), High Ceilings, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Floor
Terrazzo, Tile, Vinyl
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Fence, French Doors, Lighting
Roof
Membrane
Foundation
Block
Pool
No Pool
Garage Carport
1 Car Carport
Garage Features
Driveway
Elementary School
Wilkinson Elementary
Middle School
Brookside Middle
High School
Riverview High
Flood Zone Code
X
Parcel ID
0072030030
Legal Description
N 1/2 OF LOT 34, ALL OF LOT 35 & S 1/2 OF LOT 36, BLK A, GROVE PARK

Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454

Selling Office: COLDWELL BANKER REALTY.

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