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4975 DAVID AVENUE, Sarasota, FL, 34234

6beds
4baths
2,201sqft
$359,999
$164price/sqft
$3,183/moest. monthly cost
$127,320/yrincome needed

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

25
WalkingCar-Dependent
34
TransitSome Transit
58
BikeBikeable

Schools

5/10
Booker Middle SchoolGrades 6-81.7 mi
3/10
Booker High SchoolGrades 9-121.1 mi

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
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tsunami

FEMA Declared Disasters in Sarasota County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $1,820$21,840
Home Insurance *$660$7,920
Property Taxes $482$5,784
Electricity $221$2,658
Total$3,183$38,196
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,131/yr
40% on housing$95,490/yr
45% on housing$84,880/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.6%
6.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 34234$311
Sarasota County$346

vs Homes Sold Last Month

Median $/sqft

ZIP 34234$287
Sarasota County$245

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

DateEventPrice
2026-08-14Price change$360,000
2026-07-23Price change$359,999
2026-07-17Listed for sale$379,999
2016-04-27Sold$165,000
2016-03-10Pending sale$169,000
2016-02-24Listed for sale$169,000
2016-01-03Listing removed$169,000
2015-10-03Listed for sale$169,000
2012-08-20Listing removed$129,900
2011-09-27Listed for sale$129,900
1999-08-24Sold$115,500

For Sale by Agent

AgentHarrison Wilfley
BrokerageRICHARD PETERS REALTY LLC

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