Rare opportunity to own a 5 bedroom 3 bath, 4 car garage home in the city limits of Sarasota! Great multi-generational home or investment property having generated a 7% net return in 2020 for current owner. This is a 2-family dwelling with unit#1 being a 4 bedroom 2 bath home with attached 2 car garage and unit #2 being a 1 bedroom 1 bath in-law suite with a 2 car detached garage. Each unit has its own AC and laundry. Ample space for pool in back yard with plans available from local pool builder. Units were professionally sound proofed to ensure privacy between the 2 spaces. Both garage doors will be replaced with new wood grain style doors on April 10th. Vinyl flooring through most of the space. Unit #1 features granite countertops and stainless steel appliances in the kitchen. 3 bedrooms and 2 bathrooms on 1st floor including master bedroom with updated bathroom and walk-in closet with large 4th bedroom and space for home office upstairs. Unit #2 features 1 bedroom with updated bathroom and living room area with kitchenette and in-unit laundry. Option to buy all furnishings and furniture making it a true turn key investment opportunity. Walking distance to Pincraft, Arlington Park and soon to be legacy trail.
Sold for $685,000
$685,000
1016 Rhodes Ave, Sarasota, FL 34237
--beds
0baths
2,588sqft
Duplex
Built in 1974
-- sqft lot
$658,600 Zestimate®
$265/sqft
$2,405 Estimated rent
Home value
$658,600
$626,000 - $692,000
$2,405/mo
Zestimate® history
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Est. payment
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Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- central
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Carpet, Laminate
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,588 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Open
Features
- Levels: Two
- Exterior features: Stucco
Lot
- Size: 0.25 Acres
Details
- Parcel number: 0054130095
- Zoning: RSF3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- masonry
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & neighborhood
Location
- Region: Sarasota
- Subdivision: BAHIA VISTA HIGHLANDS
Other
Other facts
- Additional Parcels YN: 0
- Cooling: Central Air
- Country: US
- Exterior Features: Fenced
- Fireplace YN: 0
- Heating: Central
- Levels: Two
- Listing Service: Full Service
- Listing Terms: Cash, Conventional
- Major Change Type: Pending
- Mls Status: Pending
- New Construction YN: 0
- Ownership: Fee Simple
- Pool Private YN: 0
- Previous Status: Active
- Property Type: Residential Income
- Roof: Shingle
- Sewer: Public Sewer
- Syndicate To: Homes.com, HomeSnap, Realtor.com, International MLS
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water Source: Public
- Water View YN: 0
- DPRYN: 1
- Flood Zone Code: X
- Homestead YN: 0
- Property Sub Type: Duplex
- Utilities: Cable Available, Electricity Available
- Construction Materials: Block, Stucco
- Foundation Details: Slab
- Year Built: 1974
- Additional Rooms: Family Room, Interior In-Law Suite
- County Or Parish: Sarasota
- Flood Zone Date: 2016-11-04
- List Agent AOR: Sarasota - Manatee
- List AOR: Sarasota - Manatee
- Attached Garage YN: 1
- Garage YN: 1
- Public Survey Range: 18
- Zoning: RSF3
- Public Survey Section: 28
- MLS Area Major: 34237 - Sarasota
- Living Area: 2588.00
- Subdivision Name: BAHIA VISTA HIGHLANDS
- Flood Zone Panel: 12115C0134F
- Minimum Lease: 1 Week
- Tax Annual Amount: 5296.00
- Tax Year: 2020
- Total Acreage: 1/4 to less than 1/2
- Additional Lease Restrictions: City of Sarasota
- Listing terms: Cash, Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $685,000-4.7%$265/sqft |
Source: Public Record Report a problem | ||
| 11/7/2025 | Price change | $718,600-3.5%$278/sqft |
Source:  Stellar MLS #A4671081 Report a problem | ||
| 8/29/2025 | Price change | $745,000-0.4%$288/sqft |
Source: Stellar MLS #A4653335 Report a problem | ||
| 6/26/2025 | Listed for sale | $748,000+36.2%$289/sqft |
Source: Stellar MLS #A4653335 Report a problem | ||
| 7/24/2024 | Listing removed | $549,000+1.7%$212/sqft |
Source: Stellar MLS #A4494654 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $596,700 +2.8% |
| 2024 | $9,055 +6.8% | $580,400 +9.4% |
| 2023 | $8,482 +11.1% | $530,530 +10% |
Find assessor info on the county website
Neighborhood: 34237
Nearby schools
GreatSchools rating
- 7/10Alta Vista Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Alta Vista Elementary
- Middle: Brookside Middle
- High: Sarasota High
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$658,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$658,600
- Florida
- Sarasota County
- Sarasota
- 34237
- Sarasota
- 1016 Rhodes Ave