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4975 DAVID AVE,  SARASOTA, FL 34234

MLS# TB8529444.  6 beds.  4.0 baths.  Half Duplex.  Active

$5,730 in taxes (2025)

$359,999   Reduced by $20,000 (5.6%)

 

Remarks:

Virtually Staged. ** Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities. Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12, 000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements. The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans. The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area. Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**

Quick Info:

  • Listing is courtesy Of: RICHARD PETERS REALTY LLC ((786-418-1388))
  • Listing Agent: Harrison Wilfley ((850-296-0904))
  • Days on yellowkey: 9
  • Property Type: Half Duplex
  • Beds: 6
  • Baths: 4.0
  • Living Area Square Feet: 2201
  • Built 1992
  • Taxes: $5,730 (2025)
  • Garage Spaces: ()
  • Square Feet: 2381
  • Fees: $0
  • Sarasota County
  • Terms: Cash, Conventional, FHA, VA Loan
  • Subdivision Info:
  • Occupancy Information: Vacant
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  • Subdivision Name: ARMSTRONG ACRES
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  • Parking Description: Driveway, Off Street
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
7/23/2026Sale6TB8529444Price Change$359,999-5.26%151.1965MLS
7/17/2026Sale0TB8529444listed for sale$379,999-159.5963MLS




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