Great investment opportunity a few block north of Ringling College and just south of University of South Florida and New College. This triplex is full with great tenants in a lease at market value. All units are in good condition with newer window units and appliances. There is a shared washer dryer in the separate laundry room that each Tenants have assigned days. Building has a new roof on the first story repairs made to second story that were needed, all freshly painted, and new sewer line. Currently insured and not in a flood zone. Tenants pay $3900/month in rents and then an additional $275.00/month towards shared water and first floor shared electric. Second story has its own electric meter. The property is located in the Newtown Redevelopment Area, zoned RTD9 - RESIDENTIAL TRANSITION DISTRICT 9. Great opportunity for current cash flow and future potential.
Sold for $360,000
$360,000
1164 32nd St, Sarasota, FL 34234
4beds
3baths
1,780sqft
Triplex, Multi Family
Built in 1917
-- sqft lot
$339,500 Zestimate®
$202/sqft
$1,657 Estimated rent
Home value
$339,500
$306,000 - $377,000
$1,657/mo
Zestimate® history
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$2,274/mo
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Zillow last checked: 7 hours ago
Listing updated: September 27, 2024 at 06:19pm
Listing Provided by:
Jill Lyons 941-923-7200,
RELAX REALTY GROUP INC 941-724-0625
Bought with:
Beth Raulerson, 3228872
REAL BROKER, LLC
Source: Stellar MLS,MLS#: A4616917
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Space Heater, Wall Units / Window Unit
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Common Area, Inside, Laundry Room
Features
- Living Room/Dining Room Combo
- Flooring: Carpet, Laminate, Luxury Vinyl
- Windows: Blinds, Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 1,780 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio
- Exterior features: Other
Lot
- Size: 5,283 sqft
Details
- Parcel number: 2005080004
- Zoning: RTD9
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected
Community & neighborhood
Location
- Region: Sarasota
- Subdivision: HIGHLAND PINES
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 3900
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2024 | Sold | $360,000-9.8%$202/sqft |
Source:  Stellar MLS #A4616917 Report a problem | ||
| 7/29/2024 | Pending sale | $399,000$224/sqft |
Source: Stellar MLS #A4616917 Report a problem | ||
| 7/17/2024 | Price change | $399,000-11.1%$224/sqft |
Source: Stellar MLS #A4616917 Report a problem | ||
| 7/12/2024 | Listed for sale | $449,000+156.6%$252/sqft |
Source: Stellar MLS #A4616917 Report a problem | ||
| 4/21/2023 | Sold | $175,000-36.4%$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,690 +29.5% | $283,500 +29.5% |
| 2024 | $3,623 +16.5% | $218,900 +17.7% |
| 2023 | $3,111 -14% | $186,000 -16.1% |
Find assessor info on the county website
Neighborhood: Bayou Oaks
Nearby schools
GreatSchools rating
- 4/10Emma E. Booker Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 5/10Booker Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Booker High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Emma E. Booker Elementary
- Middle: Booker Middle
- High: Booker High
Source: Stellar 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
$339,500
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
$339,500
- Florida
- Sarasota County
- Sarasota
- 34234
- Bayou Oaks
- 1164 32nd St