Sarasota, FL 34234,1903 N ALLENDALE AVE
Sarasota, FL 34234,1903 N ALLENDALE AVE
Sarasota, FL 34234,1903 N ALLENDALE AVE
Sarasota, FL 34234,1903 N ALLENDALE AVE
Sarasota, FL 34234,1903 N ALLENDALE AVE
Sarasota, FL 34234,1903 N ALLENDALE AVE
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$ 550,000
Est. payment | /mo

5 Beds

3 Baths

1,900 SqFt


$ 550,000
Est. payment | /mo

5 Beds

3 Baths

1,900 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $289

Subdivision Leisure Lakes

MLS Listing ID TB8320670

Bedrooms 5

Full Baths 3

HOA Y/N No

Originating Board Stellar MLS

Year Built 1956

Annual Tax Amount $2,817

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 77x143

Property Description

Discover a fantastic investment opportunity with this beautifully renovated property, perfectly located on an 11,000 sq ft lot. This unique setup includes two separate, income-generating residences: a spacious main house with three bedrooms and two bathrooms, and a cozy detached apartment with two bedrooms and one bathroom. Both properties were fully updated in 2024, including new electrical, plumbing, AC, roof, kitchens, bathrooms, and impact windows and doors, making this truly turnkey—move-in or rent-ready from day one.
With current appraisals placing its value at $625,000, this property comes with approximately $100,000 in equity, offering an excellent return for the next owner. Rental potential is high, with similar properties in the area fetching around $4,500 monthly for both units combined. For even more earning potential, consider turning it into a short-term rental or Airbnb.
The location adds significant appeal: two blocks from the Baltimore Orioles Stadium, five minutes from downtown Sarasota, and within easy reach of top beaches—Lido Key is 10 minutes away, while Siesta Key, one of the nation’s best, is just a 20-minute drive. Plus, Sarasota-Bradenton Airport and the UTC Shopping Mall are both under 10 minutes away, making this an ideal spot for residents or vacationers.
Whether you want to live in one unit and rent the other, or lease both, this property is ready to be a valuable addition to your investment portfolio.

Location

State FL

County Sarasota

Community Leisure Lakes

Zoning RSF3

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Fireplace true

Appliance Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Other

Utilities Available Cable Available, Electricity Connected, Public

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block,Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Special Listing Condition None

Stellar MLS
Listed by SELLING USA, LLC
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1903 N ALLENDALE AVE