431 N East Avenue, Sarasota, FL 34237
Listing Snapshot
| List Price | $1,200,000 |
| Price / Sq Ft | $543 |
| Beds | 5 |
| Baths | 4 |
| Living Area | 2,210 sqft |
| Lot Size | 0.29 acres |
| Year Built | 1959 |
| Property Tax | $8,207/yr |
| MLS # | 1156368381 |
| Status | Active |
| Days on Market | 62 |
About This Home
Discover an exceptional investment opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown district, surrounded by new developments, dining, entertainment, and the cultural energy that defines the city’s core. Its prime location offers outstanding potential for both long-term and short-term rental strategies.Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota’s world-class beaches only 15 minutes away.With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you’re expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today’s market.
General Features
- Property Type
- Residential
- Sub-type
- SingleFamilyResidence
- Stories
- 1
- Direction Faces
- North
- Parking
- Boat,Driveway,Guest,RvAccessParking
- Zoning
- DTN - DOWNTOWN NEIGH
- Security
- SmokeDetectors
- Utilities
- CableAvailable
- Subdivision
- POS SUB OF LOT 11 B
Interior Features
- Appliances
- Dryer,ElectricRange,ElectricWaterHeater,Microwave,Refrigerator
- Flooring
- Tile
- Heating
- Central,Electric
- Cooling
- CentralAir,Electric
- Interior Features
- ClosetCabinetry,LivingDiningRoom,MainLevelPrimary,SeparateShower
- Laundry
- WasherHookup,DryerHookup
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Exterior Features
- Lighting,OutdoorLivingArea,RoomForPool
- Roof
- Shingle
- Lot Features
- QuarterToHalfAcreLot
- Patio / Porch
- Porch
- Fencing
- Fenced
- Pool
- No
- Waterfront
- No
Community Features
- Association Amenities
- None
- MLS Area
- 5940 - Other Florida County
Map
MLS# 1156368381 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $960,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.