Home in 431 N East Ave Sarasota for sale with MLS# A11991929
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.
431 N East Ave, Sarasota, FL 34237
- Price:
- $1,200,000.00
- Original List Price:
- $1,200,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Real Estate Owned (REO) Lender/Bank Owned
- Listing Category:
- Residential
- Property Type:
- Single Family House
- MLS Number:
- A11991929
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 31, 2026 8:56 am
- Bedrooms:
- 5
- Bathrooms Total:
- 4
- Full Bath:
- 4
- Room Type:
- Studio
- Living Area:
- 2,210 Sqft
- Built-Up Area:
- 2,312 Sqft
- Lot Area:
- 12,472 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Quarter To Half Acre Lot
- Waterfront:
- No
- Security:
- Smoke Detector(s)
- Furnished:
- Unfurnished
- Appliances:
- Dryer, Microwave, Refrigerator, Electric Range, Electric Water Heater
- Interior:
- First Floor Entry, Closet Cabinetry, Convertible Bedroom, Main Level Primary, Living Dining Room
- Exterior:
- Fence, Porch, Lighting, Room For Pool, Shed, Security High Impact Doors
- Patio and Porch:
- Open, Porch
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Other Structures:
- Apartment, Shed(s)
- Laundry:
- Washer Hookup, Dryer Hookup
- Green Energy Efficient:
- Appliances, Hvac
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- North
- Storm Protection:
- Impact Glass, Impact-Resistant Doors
- Year Built:
- 1959
- Year Built Details:
- Resale
- Roof:
- Shingle
- Architectural Style:
- One Story
- Construction Materials:
- Block, Shingle Siding
- Flooring:
- Tile
- Stories:
- 1
- Tax Annual Amount:
- $8,207.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Homestead Exemption
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Driveway, Guest, Rv Access/parking
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- POS SUB OF LOT 11 B
- Senior Community:
- No
- Restrictions:
- No Restrictions
- Disclosures:
- Owner Is Listing Agent, None
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Occupant Type:
- Tenant
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- LOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
- Real Estate Folio Number (Parcel Number):
- 2028120076
- Zoning Description:
- DTN - DOWNTOWN NEIGH
- Originally published on:
- March 31, 2026 8:56 am
- Active on the market since:
- March 30, 2026
- Price change occurred on:
- March 30, 2026 5:28 pm
- Listing Status Last Changed On:
- March 31, 2026 8:56 am
- Photos updated on:
- March 31, 2026 1:09 pm
- Last Modified:
- March 31, 2026 1:09 pm
- Housing Older Persons Act:
- No HOPA
- Type of Association:
- None
- Rooms Description:
- Studio Apartment
- Style:
- R30-No Pool/No Water
- Subdivision Number:
- 324
- Courtesy of:
- Ballagas Realty LLC
- Attribution:
- Not provided
- Street Name:
- East Ave
- Street Number:
- 431
- City:
- Sarasota
- State:
- Florida
- Zip Code:
- 34237
- County:
- Sarasota
- Latitude:
- N27° 20' 23.7''
- Longitude:
- W83° 28' 18''
- Street Direction Prefix:
- N
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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