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About this home
1764 24th St is a 1961-built home in Newtown, Sarasota. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,599 square feet of living space. Listed at $249,999 (about $156/sqft), 68 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
INVESTOR SPECIAL in one of Sarasota's most desirable and rapidly growing neighborhoods! This unique abandoned duplex is packed with potential and ready for its next chapter. Situated on an oversized lot and currently vacant, this versatile property presents an outstanding opportunity for investors seeking a fix-and-flip, a long-term cash-flowing rental, or an owner-occupant looking to live in one unit while generating income from the other. With strong upside and endless possibilities, this is a rare chance to add value in an area experiencing continued growth. From the moment you arrive, the property offers excellent functionality and accessibility with a spacious covered carport providing protected parking and additional covered outdoor living space. A fully fenced front yard with gated entry enhances privacy while allowing convenient street access. Each unit features its own private entrance, making the layout ideal for tenants, multigenerational living, or house hacking. A covered walkway connects both units, while the expansive front and side yards provide ample space for additional parking, outdoor entertaining, or future improvements. The simple, low-maintenance exterior creates a solid foundation for renovation while maximizing long-term investment potential. Inside, one of the units features a functional layout with an open living and dining area that flows into the kitchen, creating an efficient use of space. Durable ceramic tile flooring extends throughout the home, while the kitchen offers generous cabinet and countertop space with excellent potential for modernization. The bedrooms are comfortably sized with built-in closets, and the full bathroom includes a tub/shower combination and practical layout. An attached utility and storage room provides additional flexibility for laundry, storage, or workshop space. This unit would benefit from cosmetic updates, making it an excellent value-add opportunity to increase equity and rental income. The second unit is currently secured, and keys are not presently available; however, the entire property is vacant, and the second unit is believed to offer a substantially similar floor plan and layout. Buyers are encouraged to verify all room dimensions, features, and condition during their own due diligence. Major improvements include a brand-new roof installed in 2023, providing significant value and peace of mind. Utilities are currently off. With no HOA and no rental restrictions, this property offers exceptional flexibility for both short- and long-term investment strategies. Whether you're looking to renovate and resell, build a long-term income-producing asset, or occupy one unit while renting the other, this Sarasota duplex offers incredible potential. Property is being sold as-is.
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The essentials
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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
$249,999
$156 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,599 sq ft
Time on market
68 days
Year built
1961
Monthly payment
About $1,633/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,444 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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