1903 N Allendale Avenue

SARASOTA, FL 34234

  • 5 Bed(s)
  • 3 Bath(s)
  • 1,900 Sqft
  • 0.25
    Acre(Lot)
$550,000

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 Type

    Residential

  • Subdivision

    Leisure Lakes

  • County

    Sarasota

  • Style

    Residential

  • AD ID

    47630153

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Property Details

  • Bedroom Information

    • Total Bedroom: 5

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Interior Features

    • Ceiling Fans(s)
    • Roof: Shingle
    • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
    • Laundry Features: Laundry Room

    Roofing Information

    • Shingle

    Flooring Information

    • Flooring: Luxury Vinyl
    • Construction Materials: Block, Stucco

    Heating & Cooling

    • Heating: Central
    • Cooling: Central Air
    • WaterSource: Public

  • Building Information

    • Year Built: 1956

    Exterior Features

    • Other
    • Construction Materials: Block, Stucco
    • Foundation Details: Slab

  • Lot Information

    • Lot Dimensions: 77x143
    • Lot Square Feet: 11011
    • Lot Acres: 0.25

    Property Information

    • Property Type: Residential
    • Sub Type: Single Family Residence

  • Listing Price Information

    • Original List Price: $550000

  • Tax Information

    • Annual Tax: $2817.34
    • Tax Year: 2023
    • Parcel Number: 0042130052

  • Utility Information

    • Cable Available, Electricity Connected, Public

    Location Information

    • Subdivision: LEISURE LAKES
    • City: SARASOTA
    • Direction: From Torel ave going down make a left on 17th Street, make left on allendale , the property in on the left.
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BuyOwner last updated this listing Fri Nov 15 2024

  • MLS: MFRTB8320670
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 5 bedrooms which is for sale, it has 1,900 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SARASOTA , in zip code 34234, this Sarasota County Home , it is in the LEISURE LAKES Subdivision, are nearby neighborhoods.