1805 Ivanhoe Street Sarasota, FL 34231
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Shayla Twit - Contact:  941-366-8070

  1805 Ivanhoe Street Sarasota, FL 34231

Active (119 Days)
$1,050,000
4
BED
4
BATH
1,441
SQFT

Description

$90,000 / YEAR in gross income! NO flooding. NO storm damage. Neither Debby, Helene nor Milton could ruin this beauty! Impressively well built duplex is ready for you to take over this great income producing property within close proximity to every amenity you can dream up!

Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income. We proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary.

Radiating exclusivity, this income-producing gem is strategically positioned just steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club, and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment.

This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations, or community development districts, this property offers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees.

Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation. Each unit features two bedrooms, two full baths, and a private outdoor retreat on each side surrounded by lush foliage—a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring, and custom plantation shutters blend style with functionality.

Outside, residents, guests, and renters enjoy a coastal paradise with swaying palm trees, sandy expanses, and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews.

Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking, and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers, and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished.

Seize this chance to own a rare cash flow property in one of Sarasota's most desirable neighborhoods. The blend of upscale living, prime location, and lucrative rental potential makes this duplex a standout investment in the thriving Sarasota real estate market. Don't miss out on this rarely available duplex for sale—an exceptional opportunity for discerning investors and homeowners alike.

MLS #:
A4616198
Taxes
$6,490(2023)
Lot Size
7,500 SQFT
Type
Multifamily
Year Built
1971
Views
Trees/Woods
County
Sarasota County

Listed By

Shayla Twit, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Nov 1 2024 at 12:08 PM GMT+0000
Bathroom Details
Interior Features
  • Turnkey
  • Appliances: Washer
  • Appliances: Refrigerator
  • Appliances: Range Hood
  • Appliances: Range
  • Appliances: Microwave
  • Appliances: Electric Water Heater
  • Appliances: Dryer
  • Appliances: Disposal
  • Appliances: Dishwasher
  • Formal Dining Room Separate
  • Window Treatments
  • Thermostat
  • Solid Surface Counters
  • Primary Bedroom Main Floor
  • Living Room/Dining Room Combo
  • Eat-In Kitchen
  • Built-In Features
Subdivision
  • South Highland Amd Of
Lot Information
  • Paved
  • Street Dead-End
  • Private
  • Near Public Transit
  • Near Marina
  • Near Golf Course
  • In County
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Marble
  • Ceramic Tile
Exterior Features
  • Concrete
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Public, Electricity Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
Parking
  • Open
  • On Street
  • Ground Level
  • Driveway
Living Area
  • 1,441 sqft
Additional Information: Sarasota Downtown | 941-366-8070

Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 21, 2024
Price Changed
$1,050,000
-12%
-140,000
Jul 05, 2024
Original Price
$1,190,000
-
-
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/1/24 05:08