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    2116 Palm Terrace2116 Palm Terrace Listing photo id 0 for 2116 Palm Terrace Listing photo id 1 for 2116 Palm Terrace Listing photo id 2 for 2116 Palm Terrace Listing photo id 3 for 2116 Palm Terrace Listing photo id 4 for 2116 Palm Terrace Listing photo id 5 for 2116 Palm Terrace Listing photo id 6 for 2116 Palm Terrace Listing photo id 7 for 2116 Palm Terrace Listing photo id 8 for 2116 Palm Terrace Listing photo id 9 for 2116 Palm Terrace Listing photo id 10 for 2116 Palm Terrace Listing photo id 11 for 2116 Palm Terrace Listing photo id 12 for 2116 Palm Terrace Listing photo id 13 for 2116 Palm Terrace Listing photo id 14 for 2116 Palm Terrace Listing photo id 15 for 2116 Palm Terrace Listing photo id 16 for 2116 Palm Terrace Listing photo id 17 for 2116 Palm Terrace Listing photo id 18 for 2116 Palm Terrace Listing photo id 19 for 2116 Palm Terrace Listing photo id 20 for 2116 Palm Terrace Listing photo id 21 for 2116 Palm Terrace Listing photo id 22 for 2116 Palm Terrace Listing photo id 23 for 2116 Palm Terrace Listing photo id 24 for 2116 Palm Terrace Listing photo id 25 for 2116 Palm Terrace Listing photo id 26 for 2116 Palm Terrace Listing photo id 27 for 2116 Palm Terrace Listing photo id 28 for 2116 Palm Terrace Listing photo id 29 for 2116 Palm Terrace Listing photo id 30 for 2116 Palm Terrace Listing photo id 31 for 2116 Palm Terrace Listing photo id 32 for 2116 Palm Terrace Listing photo id 33 for 2116 Palm Terrace Listing photo id 34 for 2116 Palm Terrace
    • MLS#: A4623939 ( Residential Income )
    • Street Address: 2116 Palm Terrace
    • Viewed: 4
    • Price: $559,000
    • Price sqft: $482
    • Waterfront: No
    • Year Built: 1950
    • Bldg sqft: 1159
    • Days On Market: 79
    • Additional Information
    • Geolocation: 27.2908 / -82.5279
    • County: SARASOTA
    • City: SARASOTA
    • Zipcode: 34231
    • Subdivision: Harbor Oaks
    • Elementary School: Phillippi Shores Elementary
    • Middle School: Brookside Middle
    • High School: Riverview High
    • Provided by: SHOWTIME REALTY
    • Contact: Melissa Godio
    • 941-822-0890
    • mfrmls
    • DMCA Notice
    • Description
      *Price Improvement, Seller Motivated!* This home remained unaffected by recent storms, with all surrounding debris promptly removed. The exterior and decks have been professionally power washed, ensuring a clean, fresh look thats ready for new owners to enjoy! Discover an exceptional multi family duplex located in the heart of Sarasota, with a recent sale of a multifamily home on the same street, this property is attractively priced for the neighborhood, offering a unique opportunity to invest in a highly desirable area with proven market interest. This property is ideally situated on a peaceful two lane cul de sac, featuring beautiful county maintained treed green space, making it perfect for both multi family living and as a family home with a separate private entrance mother in law apartment. This duplex boasts numerous features including central air and heat, a new roof installed in 2021, PVC plumbing, and separate electric meters with upgraded panels. This property presents a remarkable investment opportunity with cap rate that is expected to improve in this high demand rental neighborhood. The duplex features two distinct units. Unit 1 is a spacious 2 bedroom, showcasing natural red oak floors, Hunter Douglas Cellular Tech shades, and an updated bath complete with floor to ceiling porcelain tile, an Italian hand painted pedestal sink, matching bidet, and a luxurious jetted tub. A discreet laundry closet is conveniently located opposite the bath. The designer chefs kitchen features high end stainless steel appliances, butcher block counters, and dramatic porcelain flooring, complemented by an adjacent pantry for added efficiency. Unit 2, a cozy 1 bedroom, feels larger due to its open design and large windows offering lush tropical views. This unit includes a separate driveway and private gated entry, along with a secluded outdoor patio. It features laminate flooring in the main room, floor to ceiling ceramic tile in the bath, and high quality carpet in the bedroom, complete with an jetted tub. The utility lines are all underground, eliminating any overhead wire! Upgraded windows enhance both efficiency and aesthetics. The meticulously landscaped grounds are adorned with mature trees that provide luxurious shade and complete privacy thanks to the fenced yard. Additional outdoor amenities include photovoltaic lighting and separate driveways for generous off street parking, along with a permitted 100 sq. ft. workshop/storage building with electric. Dont miss this incredible opportunity to own a beautifully maintained multi family property in a thriving neighborhoodschedule a showing today!
    Features
    Appliances
    1. Dishwasher
    2. Dryer
    3. Electric Water Heater
    4. Exhaust Fan
    5. Freezer
    6. Ice Maker
    7. Range
    8. Range Hood
    9. Refrigerator
    10. Washer
    Home Owners Association Fee
    1. 0.00
    Carport Spaces
    1. 0.00
    Close Date
    1. 0000-00-00
    Cooling
    1. Central Air
    Country
    1. US
    Covered Spaces
    1. 0.00
    Exterior Features
    1. Fence
    2. Garden
    3. Lighting
    4. Private Mailbox
    5. Rain Gutters
    6. Storage
    Flooring
    1. Carpet
    2. Laminate
    3. Tile
    4. Wood
    Furnished
    1. Unfurnished
    Garage Spaces
    1. 0.00
    Heating
    1. Central
    High School
    1. Riverview High
    Insurance Expense
    1. 0.00
    Interior Features
    1. Ceiling Fans(s)
    2. L Dining
    3. Primary Bedroom Main Floor
    4. Thermostat
    Legal Description
    1. LOT 11 BLK B HARBOR OAKS
    Levels
    1. One
    Living Area
    1. 1159.00
    Lot Features
    1. Cul-De-Sac
    2. Landscaped
    3. Level
    4. Street Dead-End
    5. Paved
    Middle School
    1. Brookside Middle
    Area Major
    1. 34231 - Sarasota/Gulf Gate Branch
    Net Operating Income
    1. 0.00
    Occupant Type
    1. Vacant
    Open Parking Spaces
    1. 0.00
    Other Expense
    1. 0.00
    Other Structures
    1. Shed(s)
    2. Storage
    Parcel Number
    1. 0075040038
    Parking Features
    1. Driveway
    2. Ground Level
    3. Off Street
    4. Oversized
    5. Parking Pad
    Possession
    1. Close of Escrow
    Property Condition
    1. Completed
    Property Type
    1. Residential Income
    Roof
    1. Shingle
    School Elementary
    1. Phillippi Shores Elementary
    Sewer
    1. Public Sewer
    Tax Year
    1. 2023
    Township
    1. 37
    Utilities
    1. Electricity Available
    2. Electricity Connected
    3. Sewer Available
    4. Sewer Connected
    5. Water Available
    6. Water Connected
    View
    1. Garden
    2. Trees/Woods
    Virtual Tour Url
    1. https://www.propertypanorama.com/instaview/stellar/A4623939
    Water Source
    1. Public
    Year Built
    1. 1950
    Zoning Code
    1. RSF3
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