2244 PALM TERRACE
Sarasota, FL, 34231 $ 595,000
Baths0.0 Monthly Estimate*
$ 3,664
Studio for $595,000. The lot size is 0.33.
DOUBLE LOT. SEE ATTACHED LETTER FROM COUNTY STATING 2 HOMES CAN BE BUILT ON PROPERTY. CURRENT TENANT ON PROPERTY. MUST ASSUME LEASE AT $3,800/MO + UTILITIES (2) Lots post split 50 x 141 = 7,050 Sqft. each Multiple New construction homes being built nearby. Live here or rent home until ready to build. Nestled in a secure, family-oriented neighborhood, the home's charm begins at the curb. The thoughtfully landscaped surroundings and inviting exterior set the stage for the warmth and comfort found within. This 3-bedroom, 2-bath home underwent a thoughtful and complete renovation in 2020, ensuring every detail contributes to a welcoming atmosphere. Everything from the new roof, windows, doors, flooring, cabinetry, pool and landscaping was freshly upgraded. The heart of the home, the kitchen, is a chef's delight with high-end appliances, granite countertops, glass tile backsplash, soft-closing cabinetry and remote controlled custom lighting. The primary bedroom offers a retreat of tranquility with a walk-in closet and a spa-like bathroom featuring an oversized tub, shower, and double sinks. An open concept layout allows for seamless transitions between spaces while French door in the family room draws your eyes outside and connects you with nature. As you step into the backyard, you're greeted by a true Floridian retreat. An in ground heated pool, jacuzzi, and ample space for play and relaxation create an ideal outdoor haven. The smart irrigation system, butterfly, herb garden, and fruit trees contribute to the vibrant landscape.. Both front and back yards feature automated lights, creating a magical ambiance as they illuminate at dusk. Convenience is key with this home's proximity to downtown Sarasota and 10 minutes to #1 Siesta Key beach. Great dining near-by including; Geckos, Tripletail, Walt's Fish Market, Brine, Ruth's Chris and much more. 3rd Bedroom with seating area, 20 x 17 with its own door to patio / pool. All Measurements approximate. Buyer should review all room sizes.
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FeaturesGeneralSewer Septic Tank
Utilities BB/HS Internet Available Cable Available Electricity Available Phone Available Public Water Connected
Zoning RSF2
Tax Year 2023
Current Use Residential
Ownership Fee Simple
County Sarasota
Property Type Land
Subdivision Name RIDGEWOOD
Status Active
Directions From Proctor and Riverwood Dr. Go north on Riverwood. Turn left on Palm Terrace. House on left.
High School Riverview High
City SARASOTA
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 14215
Elementary School Phillippi Shores Elementary
Tax Annual Amount 3731.74
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 18
Legal Description LOTS 18 & 20 BLK F RIDGEWOOD
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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ExteriorWater Source Public
Lot Size Area 14215
Lot Dimensions 100 x 142
Lot Size Acres 0.33
Road Surface Type Paved
Waterfront Y/N false
Number of Lots 2
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,664
- Monthly Property Taxes
- $311
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Sarasota, FL
Average List Price $1,575,911
Percent of Sale Price 165%
About Sarasota, FL 55,052 Population
5% Since 2002
$ 46,682 Median Income
45.17 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/24/2026 | $595,000 | -3.25% | Price Down |
| 12/19/2025 | $615,000 | | Listed Price |