1610 & 1612 N Orange Ave · Sarasota, FL 34236

$550,000

4 bd · 3.0 ba · 1,920 sqft · MultiFamily public records · 178 Days on market

Built 1981 10,055 sqft lot

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• Appreciation +6.0/10.0
• Schools +5.4/10.0
• DSCR +4.6/10.0
• Livability +4.0/5.0
• 1% rule +3.7/10.0
• Condition / age +2.5/5.0
• Rent growth +1.2/5.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

Key facts

• Fire pit lounge
• Side by side duplex
• Updated kitchens

Tags

• SIDE BY SIDE DUPLEX
• UPDATED KITCHENS
• DURABLE TILE FLOORING
• FULLY FENCED PRIVATE BACKYARDS
• DEDICATED PATIO SETTING
• FIRE PIT LOUNGE

What this means for you Summary

Snapshot

• This is a 2 × 2.0-bed/1.5-bath units multifamily listed at $550k.

Deal economics

• At list price, monthly cash flow is $172 ($2k/yr) — positive. Per door: $86/mo.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $480k (12.8% below list).
• Recommended offer: $480k (12.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 80/100 on livability (#121 in FL, #1,854 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, health & safety A+, commute A; Watch: crime F.
• Sarasota (urban): math 63% / reading 63% proficiency, ranked #7 of 73 in FL (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents falling (-5.1%/yr); 731 active listings in the ZIP; solid renter incomes; 7,466 units permitted in Sarasota County in 2024 (2,138 in 5+ unit buildings).
• At $4,798/mo this rent would consume 60% of the median local household income ($96k/yr) (locally 927% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $14k of equity ($4k loan paydown + $11k appreciation (1.9% local appreciation)).
• Sarasota County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.9% appreciation + 0.0% rent growth), your $154k cash investment doubles in ~9 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 178 days — a 12% lower offer ($484k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 12y ago; this cycle's ask has dropped $100k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $247k; list at $550k implies a 123% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $479,800 (12.8% below list)

Questions for the listing agent

1. It's been on market 178 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.87% ✗
• Cap rate: 6.67%
• Cash-on-cash: 1.34%
• DSCR: 1.06
• GRM: 9.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.92% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.21×
• Total profit: $32,206
• Equity at exit: $214,442

10-year hold

• IRR: 6.2%
• Equity multiple: 1.80×
• Total profit: $123,010
• Equity at exit: $306,897

Cash invested: $154,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34236

• Home prices YoY: 0.6%
• Rents YoY: -5.1%
• Active inventory: 731
• Price-to-rent: 19.1×

Monthly cashflow live

• Estimated rent: $4,798 medium
• Mortgage (P&I): −$2,884
• Tax from tax record: −$505 /mo · $6,063/yr
• Insurance: −$229
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,008
• Net cashflow: $172

Break-even live

Break-even rent $4,581

Max offer price $550,000

Occupancy floor 91%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2.0	1.5	$4,798
Total (2 units)			$4,798

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $137,500
• Closing costs: $16,500
• Reserves months: —
• Total cash needed: —

Listing history 34 events

1. 2026-06-18
   days on market $550,000 Active 178 DOM
2. 2026-06-17
   days on market $550,000 Active 177 DOM
3. 2026-06-16
   days on market $550,000 Active 176 DOM
4. 2026-06-15
   days on market $550,000 Active 175 DOM
5. 2026-06-13
   days on market $550,000 Active 173 DOM
6. 2026-06-13
   days on market $550,000 Active 172 DOM
7. 2026-06-10
   days on market $550,000 Active 170 DOM
8. 2026-06-09
   days on market $550,000 Active 169 DOM
9. 2026-06-08
   days on market $550,000 Active 168 DOM
10. 2026-06-08
    days on market $550,000 Active 167 DOM
11. 2026-06-05
    days on market $550,000 Active 164 DOM
12. 2026-06-03
    days on market $550,000 Active 163 DOM
13. 2026-06-02
    days on market $550,000 Active 162 DOM
14. 2026-06-01
    days on market $550,000 Active 161 DOM
15. 2026-05-31
    days on market $550,000 Active 160 DOM
16. 2026-04-29
    price $575,000 1834-char remark

    Show marketing remark (1834 chars)

    A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

17. 2026-03-19
    price $595,000 1834-char remark

    Show marketing remark (1834 chars)

    A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

18. 2026-02-03
    status Active 1834-char remark

    Show marketing remark (1834 chars)

    A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

19. 2026-01-14
    price $635,000 1834-char remark

    Show marketing remark (1834 chars)

    A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

20. 2025-12-04
    listed $650,000 Active 1834-char remark

    Show marketing remark (1834 chars)

    A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. * * THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. * *

21. 2020-06-26
    soldstatus $246,800
22. 2019-07-29
    soldstatus $334,000
23. 2019-07-11
    soldstatus $333,950 Sold 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

24. 2019-06-10
    status Pending 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

25. 2019-05-30
    status Active 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

26. 2019-04-09
    status Pending 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

27. 2019-04-04
    price $364,900 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

28. 2019-03-08
    listed $379,900 Active 1557-char remark

    Show marketing remark (1557 chars)

    Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

29. 2014-08-29
    soldstatus $101,000 Sold
30. 2014-07-08
    status Pending
31. 2014-06-29
    listed $100,000 Active
32. 2003-12-31
    soldstatus $135,000
33. 2002-02-06
    soldstatus $128,000
34. 2001-11-06
    soldstatus $72,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $6,063 · $505/mo
• Projected year-2 tax: $6,063 · $505/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 29 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $57,576
• − Mortgage interest: −$30,809
• − Property taxes: −$6,063
• − Insurance: −$2,750
• − Repairs & maintenance: −$4,606
• − Management: −$4,606
• − Depreciation: −$16,000
• Taxable loss: −$7,257
• Est. tax savings @ 24.0%: +$1,742
• After-tax cash flow: $3,803/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Sarasota
• NCES district ID: 1201680
• Math proficiency: 63% ▼ -8.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $51,167
• Composite: 53.68/100
• National rank: #1428
• State rank: #7 of 73 in FL

Livability — Sarasota

• Score: 80/100
• State rank: #121
• US rank: #1854

Category grades

Amenities A+ Commute A Cost of living C+ Crime F Employment B- Housing A Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sarasota, FL
• County: Sarasota County · 448,376 people
• City population: 261,896
• Metro: North Port-Sarasota-Bradenton, FL
• Population (ZIP): 14,446
• Household income: $95,881
• Rent vs Own: 41.7% rent · 58.3% own
• Severe rent burden: 927.0

Population outlook (Sarasota County) Hauer SSP2

• Today (2025): 452,380 people
• By 2030: 474,175 · +4.8%
• By 2040: 511,577 · +13.1%
• By 2050: 541,467 · +19.7%
• By 2075: 604,947 · +33.7%
• By 2100: 621,965 · +37.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 7% Hispanic / Latino 6% Black 4% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Lithuanian 3% Slovak 3% Scotch-Irish 3%
• Foreign-born: 12% · Canada, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 2% German/W. Germanic 1%

Political lean MEDSL · Sarasota

• 2024 margin: R (+18.2) · D 40.5% · R 58.7%
• 2008→2024 swing: -18.1pp toward R · 2008: -0.1pp · 2024: -18.2pp
• All cycles: 2024: R+18.2 2020: R+10.4 2016: R+11.6 2012: R+7.4 2008: R+0.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.92%
• Current HPI: 302.9082
• Rent YoY: ▼ -5.12%
• Metro: North Port-Sarasota-Bradenton, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+693.1% since first listed

19 events — show timeline

• 2026-04-29 Price Changed $575,000 Stellar MLS as Distributed by MLS Grid
• 2026-03-19 Price Changed $595,000 Stellar MLS as Distributed by MLS Grid
• 2026-02-03 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-01-14 Price Changed $635,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-04 Listed $650,000 Stellar MLS as Distributed by MLS Grid
• 2020-06-26 Sold (Public Records) $246,800 Public Records
• 2019-07-29 Sold (Public Records) $334,000 Public Records
• 2019-07-11 Sold (MLS) $333,950 Stellar MLS as Distributed by MLS Grid
• 2019-06-10 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-05-30 Relisted — Stellar MLS as Distributed by MLS Grid
• 2019-04-09 Pending — Stellar MLS as Distributed by MLS Grid
• 2019-04-04 Price Changed $364,900 Stellar MLS as Distributed by MLS Grid
• 2019-03-08 Listed $379,900 Stellar MLS as Distributed by MLS Grid
• 2014-08-29 Sold (MLS) $101,000 Stellar MLS as Distributed by MLS Grid
• 2014-07-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2014-06-29 Listed $100,000 Stellar MLS as Distributed by MLS Grid
• 2003-12-31 Sold (Public Records) $135,000 Public Records
• 2002-02-06 Sold (Public Records) $128,000 Public Records
• 2001-11-06 Sold (Public Records) $72,500 Public Records

Property tax history

+13.3%/yr

Latest (2025): $6,063 · +3.0% YoY. Source: county tax records.