




4975 DAVID AVENUE, Sarasota, FL, 34234
About This Home
Virtually Staged. **<INVESTOR SPECIAL><HIGHEST & BEST BY 08/30/2026> Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities. Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements. The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans. The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area. Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/30/2026. Serious buyers should act quickly.**
Getting Around
Schools
Construction
Condition
- Year built: 1992
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Wood Frame,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Florida
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Electric Water Heater,Refrigerator
- Laundry features: Electric Dryer Hookup,Inside,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Ceiling Fan(s),Primary Bedroom Main Floor,Thermostat
- Door features: Sliding Doors
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,381
- Total interior livable area: 2,201 sqft
Kitchen
- Level: First
Living Room
- Level: First
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
Property
Details
- Parcel number: 2001090024
- Attached to another structure: Yes
- Zoning: RMF2
- Special condition: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch,Rear Porch
- Exterior features: Private Entrance,Rain Gutters
- Residential vegetation: Trees/Landscaped
Lot
- Lot size: 10,730 sqft
- Features: City Lot,Level,Near Public Transit
Parking
- Parking features: Driveway,Off Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sarasota County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,820 | $21,840 |
| Home Insurance * | $660 | $7,920 |
| Property Taxes | $482 | $5,784 |
| Electricity | $221 | $2,658 |
| Total | $3,183 | $38,196 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $360,000 |
| 2026-07-23 | Price change | $359,999 |
| 2026-07-17 | Listed for sale | $379,999 |
| 2016-04-27 | Sold | $165,000 |
| 2016-03-10 | Pending sale | $169,000 |
| 2016-02-24 | Listed for sale | $169,000 |
| 2016-01-03 | Listing removed | $169,000 |
| 2015-10-03 | Listed for sale | $169,000 |
| 2012-08-20 | Listing removed | $129,900 |
| 2011-09-27 | Listed for sale | $129,900 |
| 1999-08-24 | Sold | $115,500 |
