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- 2116 Palm Terrace, SARASOTA, FL 34231
Property Photos
- 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
- 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!
Property Location and Similar Properties
All
Similar
Features
Appliances
- Dishwasher
- Dryer
- Electric Water Heater
- Exhaust Fan
- Freezer
- Ice Maker
- Range
- Range Hood
- Refrigerator
- Washer
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Fence
- Garden
- Lighting
- Private Mailbox
- Rain Gutters
- Storage
Flooring
- Carpet
- Laminate
- Tile
- Wood
Furnished
- Unfurnished
Garage Spaces
- 0.00
Heating
- Central
High School
- Riverview High
Insurance Expense
- 0.00
Interior Features
- Ceiling Fans(s)
- L Dining
- Primary Bedroom Main Floor
- Thermostat
Legal Description
- LOT 11 BLK B HARBOR OAKS
Levels
- One
Living Area
- 1159.00
Lot Features
- Cul-De-Sac
- Landscaped
- Level
- Street Dead-End
- Paved
Middle School
- Brookside Middle
Area Major
- 34231 - Sarasota/Gulf Gate Branch
Net Operating Income
- 0.00
Occupant Type
- Vacant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Shed(s)
- Storage
Parcel Number
- 0075040038
Parking Features
- Driveway
- Ground Level
- Off Street
- Oversized
- Parking Pad
Possession
- Close of Escrow
Property Condition
- Completed
Property Type
- Residential Income
Roof
- Shingle
School Elementary
- Phillippi Shores Elementary
Sewer
- Public Sewer
Tax Year
- 2023
Township
- 37
Utilities
- Electricity Available
- Electricity Connected
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
View
- Garden
- Trees/Woods
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/A4623939
Water Source
- Public
Year Built
- 1950
Zoning Code
- RSF3
Listing Data ©2024 Pinellas/Central Pasco REALTOR® Organization
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on December 21, 2024 @ 12:00 am
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