Triplex in 431 N East Avenue, Sarasota, FL 34237 for sale with MLS# A12038154
Discover an exceptional opportunity in one of Sarasota's fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.
431 N East Avenue, Sarasota, FL 34237
- Price:
- $1,200,000.00
- Original List Price:
- $1,200,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $542.98
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Triplex
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- June 16, 2026 4:00 am
- Living Area:
- 2,210 Sqft
- Built-Up Area:
- 2,312 Sqft
- Lot Size Dimensions and Info:
- 0.2863
- Lot Features:
- Room For Pool
- Waterfront:
- No
- Patio and Porch:
- Porch, Porch - Open
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric, Separate Meters
- Fence:
- Fenced
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 1959
- Roof:
- Shingle
- Number of Units Total:
- 3
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Number of Units in the Community or Building:
- 3
- Property Condition:
- Resale, Updated/remodeled
- Tax Annual Amount:
- $8,207.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Electric:
- Circuit Breakers
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Subdivision Name:
- POS SUB OF LOT 11 B
- Senior Community:
- No
- Documents Available:
- Existing Survey, Copy Of Lease(s), Deposit Held
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- 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:
- DTN - DOWNTOWN NEIGH
- Active on the market since:
- June 16, 2026
- Listing Agreement executed on:
- June 16, 2026
- Listing Status Last Changed On:
- June 16, 2026 4:00 am
- Photos updated on:
- August 13, 2026 9:13 pm
- Last Modified:
- August 13, 2026 9:14 pm
- Courtesy of:
- Ballagas Realty LLC
- Attribution:
- Not provided
- Street Name:
- East
- Street Number:
- 431
- City:
- Sarasota
- State:
- Florida
- Zip Code:
- 34237
- County:
- Sarasota
- Latitude:
- N27° 20' 24.4''
- Longitude:
- W83° 28' 17.2''
- Street Suffix:
- Avenue
- Street Direction Prefix:
- N

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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates