Sarasota, FL 34237 431 N East Avenue
$1,200,000
Presented By: This listing is courtesy of Ballagas Realty LLC
Home Details
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.
Presented By: This listing is courtesy of Ballagas Realty LLC
Interior Features for 431 N East Avenue
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths
Other Interior Features
LivingAreaSourceOwner
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Window FeaturesImpact Glass
General for 431 N East Avenue
CitySarasota
Construction MaterialsBlock, Shingle Siding
CoolingCentral Air, Electric
CountySarasota
DisclosuresNone, Owner Is Listing Agent
Energy EfficientAppliances, HVAC
Full Baths2
HeatingCentral, Electric
Legal DescriptionLOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size UnitsSquare Feet
MLS Area5940 Florida Other
MLS Area MinorOther Geographic Area (Out Of Area Only)
Number Of Units Total1
Occupancy TypeCall Agent
Patio/Porch FeaturesOpen, Porch
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySarasota
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent IncludesWater
RoofShingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NamePOS SUB OF LOT 11 B
Tax Annual Amount8207
Tax Year2025
Total Actual Rent7700
UtilitiesCable Available
Year Built1959
Year Built DetailsResale
Zoning DescriptionDTN - DOWNTOWN NEIGH
Exterior for 431 N East Avenue
Building Area Total2312
Covered Spaces
Exterior AmenitiesFence, Porch, Room For Pool, Security/High Impact Doors
Lot Features1/4 to 1/2 Acre Lot
Total Parking10
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
Dawn Brown-Conrad
Realtor®
SQFT • 2,210