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About this home
4749 David Ave is a 1986-built home in Armstrong Acres, Sarasota. Inside you'll find 6 bedrooms, 4 bathrooms, and 2,302 square feet of living space. Listed at $599,000 (about $260/sqft), 14 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. Great opportunity to own an income-producing duplex in Sarasota. Located on a dead-end street, this property offers two separate 3-bedroom, 2-bath units with solid block construction and a durable metal roof. Each unit features tile flooring, an in-unit washer and dryer, a screened-in lanai, and fenced backyard space. The property also offers additional parking with room for trailers, adding even more flexibility for tenants. Current rental numbers are $4,800 per month bringing the cap rate to 8%. Lease both units for rental income or occupy one while generating income from the other. Conveniently located just off Tamiami Trail with easy access to University Parkway, Sarasota-Bradenton International Airport, The Ringling, New College, downtown Sarasota, and Bradenton. Shopping, dining, major employers, and everyday conveniences are all nearby, making this a practical option for long-term rental use. With no HOA, two separate units, fenced outdoor space, additional parking, block construction, and a metal roof, this property offers a solid opportunity for an investor looking to add a Sarasota duplex to their portfolio.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$599,000
$260 per sq ft
Beds and baths
6 beds, 4 baths
Size
2,302 sq ft
Time on market
14 days
Year built
1986
Monthly payment
About $3,999/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,904 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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