1903 N Allendale Avenue
Sarasota, FL 34234  •  Single Family  •  For Sale  •  Active
$550,000
  • 5 Beds  | 
  • 3 Baths  | 
  • 1,900 Sqft
Property Highlights

  • Heating / Cooling: Central
  • MLS #: TB8320670
  • Property Type: Single Family, Single Family Residence
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:...
General Information

Area 34234 - Sarasota
Property Type Single Family Residence
Taxes $2,817
Listed by Lierly Roque Reyes, Selling Usa, Llc.
Data provided by Stellar MLS.
Property Subtype Residential
Subdivision Leisure Lakes
Utilities Cable Available, Electricity Connected