Primary listing photo

431 East Ave, Sarasota, FL, 34237

5beds
4baths
2,210sqft
$1,200,000
$543price/sqft
$9,230/moest. monthly cost
$369,200/yrincome needed

About This Home

Discover an exceptional investment opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown district, surrounded by new developments, dining, entertainment, and the cultural energy that defines the city’s core. Its prime location offers outstanding potential for both long-term and short-term rental strategies. Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota’s world-class beaches only 15 minutes away. With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you’re expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today’s market.

Getting Around

71
WalkingVery Walkable
42
TransitSome Transit
77
BikeVery Bikeable

Schools

3/10
Tuttle Elementary SchoolGrades PK-51.0 mi
5/10
Booker Middle SchoolGrades 6-81.9 mi
3/10
Booker High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1959

Materials

  • Roof: Shingle
  • Construction materials: Concrete Block Construction,Composition Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Microwave,Electric Range,Refrigerator
  • Laundry features: Washer/Dryer Hook-Up

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Closet Cabinetry
  • Door features: High Impact Doors
  • Window features: Clear Impact Glass
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,312
  • Total interior livable area: 2,210 sqft

Property

Details

  • Parcel number: 2028120076
  • Zoning: DTN - DOWNTOWN NEIGH

Features

  • Stories: 1
  • Entry location: First Floor Entry
  • Pool features: R30-No Pool/No Water
  • Patio & porch: Open Porch
  • Exterior features: Lighting,Room For Pool
  • Fencing: Fenced
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.29 Acres
  • Features: 1/4 To Less Than 1/2 Acre Lot

Parking

  • Parking features: Driveway,Guest,Rv/Boat Parking
  • Has uncovered spaces: Yes