2233 Michele Drive, Sarasota, FL 34231

$590,000
4
BD
4
BA
1,628
SqFt

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Sold Price
$590,000
List Price
$649,900
Status
Sold
Days on Market
138
Closing Date
May 08, 2026
MLS#
TB8453606
Property Style
Duplex
Year Built
1970
Bedrooms
4
Bathrooms
4
Living Area
1,628
Price per sq. ft.
399.2
Lot Size
10,826
Acres
0.25
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Phillipe Gardens
Community Name
Phillippi Gardens
MLS Area Major
Sarasota/Gulf Gate Branch

Property Description

One or more photo(s) has been virtually staged. Fully remodeled Sarasota duplex for sale in highly desirable Phillippi Gardens—NO HOA and NO CDD fees—offering exceptional income potential and investment opportunity just minutes from world-famous Siesta Key Beach, consistently ranked among America's top white-sand beaches. This turnkey multifamily investment property features two spacious 2-bedroom, 1.5-bathroom units, each with an attached 1-car garage, private patio, screened lanai, and fully fenced backyard, delivering ideal privacy and separation for long-term tenants, short-term rental guests, or multigenerational family living. Both units have been thoughtfully and completely upgraded with brand-new luxury vinyl flooring, beautifully renovated kitchens featuring modern cabinetry and countertops, updated bathrooms, new stainless steel appliances including in-unit washers and dryers, all-new hurricane-impact windows and impact-rated garage doors, plus updated plumbing and electrical systems for true peace of mind. In a significant advantage for this market, the property experienced no interior flooding during the 2024 storms—a rare and valuable feature for Gulf Coast buyers. This Sarasota income-producing duplex is perfect for investors seeking strong long-term rental income, mid-term rental opportunities (buyer to verify local regulations), or a smart house-hacking strategy by living in one unit while renting the other to offset the mortgage. Ideally situated approximately 10 minutes from Siesta Key Beach, 12 minutes to Siesta Key Village, under 20 minutes to University Town Center (UTC), and conveniently close to US-41, Downtown Sarasota, waterfront dining, marinas, nightlife, championship golf, and premier shopping, this fully upgraded Phillippi Gardens duplex presents a rare opportunity to own a high-demand Sarasota multifamily investment property in one of the Gulf Coast's strongest rental markets, known for both consistent cash flow and long-term appreciation. Whether you're a seasoned investor expanding your portfolio, a first-time house-hacker, or a buyer seeking a flexible multigenerational property near the beach, this move-in-ready Sarasota duplex delivers location, upgrades, and income potential in one rare package—schedule your private showing today and secure your piece of the Siesta Key Gulf Coast lifestyle.

Additional Information

Taxes
$6847
Annual Gross Income
32740
Location
Corner Lot, Paved
Community Features
Street Lights, No Deed Restriction
Property Description
One Story
Zoning
RMF1
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
Floor
Luxury Vinyl
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Fence, Private Mailbox, Private Yard
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Garage
Garage Spaces
2
Garage Features
Driveway, Garage Door Opener, On Street
Garage Dimensions
12x27
Elementary School
Phillippi Shores Elementary
Middle School
Brookside Middle
High School
Riverview High
Flood Zone Code
X500
Parcel ID
0086120019
Legal Description
BEG AT NE COR OF SW 1/4 OF SW 1/4 OF SEC 8 TH S-89-53-18-W 160 FT FOR POB TH CONT S-89-53-18-W 96.45 FT TH S-12-12-39-W 75.62 FT TO NLY ROW OF MICHELE DR TH SELY ALONG SAID ROW ON CURVE TO THE

Listing courtesy of COMPASS FLORIDA, LLC. 212-913-9058

Selling Office: COLDWELL BANKER REALTY.

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