Sarasota, FL 34237 431 N East Ave
$1,200,000
Presented By: This listing is courtesy of Ballagas Realty LLC
Home Details
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.
Presented By: This listing is courtesy of Ballagas Realty LLC
Interior Features for 431 N East Ave
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
FlooringTile
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesConvertible Bedroom, Closet Cabinetry, First Floor Entry, Living/Dining Room, Main Level Primary
Laundry FeaturesWasher Hookup, Dryer Hookup
Window FeaturesImpact Glass
General for 431 N East Ave
AppliancesDryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
Architectural StyleOne Story
Carport Spaces
Carport Y/NNo
CitySarasota
Construction MaterialsBlock, Shingle Siding
CoolingCentral Air, Electric
CountySarasota
DisclosuresNone, Owner Is Listing Agent
Energy EfficientAppliances, HVAC
Facing DirectionNorth
Full Baths4
Garage Spaces
Garage Y/NNo
HeatingCentral, Electric
Lease Considered Y/NNo
Legal DescriptionLOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet12472
Lot Size UnitsSquare Feet
MLS Area5940 Florida Other
MLS Area MinorOther Geographic Area (Out Of Area Only)
Occupancy TypeTenant
Other StructuresApartment, Shed(s)
Patio/Porch FeaturesOpen, Porch
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySarasota
Property Sub Type AdditionalSingle Family Residence
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsNo Restrictions
RoofShingle
Security FeaturesSmoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsReal Estate Owned
Standard StatusActive
StatusActive
Stories Count1
Subdivision NamePOS SUB OF LOT 11 B
Tax Annual Amount8207
Tax Year2025
Total Rooms0
UtilitiesCable Available
ViewNone
Year Built1959
Year Built DetailsResale
Zoning DescriptionDTN - DOWNTOWN NEIGH
Exterior for 431 N East Ave
Building Area Total2312
Covered Spaces
Exterior AmenitiesFence, Lighting, Porch, Room For Pool, Shed, Security/High Impact Doors
Lot Features1/4 to 1/2 Acre Lot
Lot Size Area12472
Parking FeaturesDriveway, Guest, RV Access/Parking
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Veronica Ballestas De Brook
Realtor®
SQFT • 2,210