1805 IVANHOE ST Active

Sarasota,FL 34231

$ 1050000

4 Beds

4 Baths

1441 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,441 sqft

Price per Sqft $728

Subdivision South Highland Amd Of

MLS Listing ID A4616198

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1971

Annual Tax Amount $6,490

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 59x125

Property Description

$90,000 / YEAR in gross income! NO flooding. NO storm damage. Neither Debby, Helene nor Milton could ruin this beauty! Impressively well built duplex is ready for you to take over this great income producing property within close proximity to every amenity you can dream up!

Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income. We proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary.

Radiating exclusivity, this income-producing gem is strategically positioned just steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club, and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment.

This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations, or community development districts, this property offers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees.

Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation. Each unit features two bedrooms, two full baths, and a private outdoor retreat on each side surrounded by lush foliage—a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring, and custom plantation shutters blend style with functionality.

Outside, residents, guests, and renters enjoy a coastal paradise with swaying palm trees, sandy expanses, and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews.

Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking, and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers, and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished.

Seize this chance to own a rare cash flow property in one of Sarasota's most desirable neighborhoods. The blend of upscale living, prime location, and lucrative rental potential makes this duplex a standout investment in the thriving Sarasota real estate market. Don't miss out on this rarely available duplex for sale—an exceptional opportunity for discerning investors and homeowners alike.

Location

State FL

County Sarasota

Community South Highland Amd Of

Zoning RSF3

Rooms

Other Rooms Formal Dining Room Separate

Interior

Interior Features Built-in Features,Eat-in Kitchen,Living Room/Dining Room Combo,Primary Bedroom Main Floor,Solid Surface Counters,Thermostat,Window Treatments

Heating Central

Cooling Central Air

Flooring Ceramic Tile,Marble

Furnishings Turnkey

Fireplace false

Appliance Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Range Hood,Refrigerator,Washer

Laundry Laundry Room

Exterior

Exterior Feature French Doors,Outdoor Grill,Outdoor Shower,Private Mailbox

Garage Driveway,Ground Level,On Street,Open

Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected

Waterfront false

View Trees/Woods

Roof Type Shingle

Porch Covered,Rear Porch

Parking Type Driveway,Ground Level,On Street,Open

Garage false

Private Pool No

Building

Lot Description In County,Near Golf Course,Near Marina,Near Public Transit,Private,Street Dead-End,Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Brookside Middle

High Schools Riverview High

Others

Pets Allowed Yes

Senior Community No

Pet Size Extra Large (101+ Lbs.)

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Num of Pet 10+

Special Listing Condition None

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