2029 PALM TERRACE Sarasota, FL $ 359,777
2029 PALM TERRACE
$ 359,777
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2029 PALM TERRACE

Sarasota, FL, 34231
$ 359,777
Bedrooms2 Baths2.0 Sq 980

Monthly Estimate*

$ 2,245

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Multi-Family Home for sale in Sarasota, FL

for $359,777 with 2 bedrooms and 2 full baths. This 980 square foot home was built in 1949 on a lot size of 0.23.

Income Producing Duplex located just off US41 in South Sarasota. Each unit is a 1 bedroom 1 bathroom with Vinyl Floors on both sides (left side newly replaced vinyl) and some tile. Galley style kitchens with Refrigerator and range and door to backyard. Full size bathroom with shower. Annual leases through Sept 2025 & July 2026. Combined Gross rents are $2,545/mo . Separately metered electric. Water paid by owner. Roof replaced 2022. Hot Water Heaters 2021. A/C Window Units. Large lot just under a 1/4 acre. Parking on both sides of property for each tenant. Fenced backyard. Good school zones. Central to Beaches, shopping, restaurants, good schools, golf and more! Call to schedule your showing.

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Multi-Family Pending

Price

$ 359,777

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,267

Style

Duplex

Lot Size

0.23

Year Built

1949

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4632179

Features
General
Sewer Public Sewer
Heating Other
Cooling Wall/Window Unit(s)
Utilities BB/HS Internet Available Cable Available Electricity Connected Public Sewer Connected Water Connected
Roof Shingle
Appliances Range Refrigerator
Zoning RSF3
Construction Materials Stucco Wood Frame
Pets Allowed Yes
Year Built 1949
View Trees/Woods
Levels One
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Gross Income 31800
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name HARBOR OAKS
Garage Y/N false
Status Pending
Directions Head North on US41(Tamiami Trl) from the Proctor Rd intersection. Take the 6th street on your right (Palm Ter). Property will be down on left. Dead-End street.
High School Riverview High
City SARASOTA
Senior Community Y/N false
Number Of Units Total 2
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Units Square Feet
Lot Size Square Feet 9864
Carport Y/N false
Listing Terms Cash Conventional FHA Owner May Carry VA Loan
Elementary School Phillippi Shores Elementary
Land Lease Y/N false
Tax Annual Amount 3267.08
Middle/Junior High School Brookside Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4632179
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 5
Legal Description LOT 5 BLK A HARBOR OAKS
Minimum Lease 1 Month
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Tile Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames Blinds
Fireplace Y/N false
Laundry Features None
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Fenced
Parking Features Open
Lot Features In County
Water Source Public
Lot Size Area 9864
Foundation Details Crawlspace
Number of Buildings 1
Lot Size Acres 0.23
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Relax Realty Group Inc

Broker

greatdaneproperties@gmail.com

Email

Affordability Calculator

$2,517
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
0 Elementary School
0 Middle School
Riverview High High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$359,777 Listed Price

Map


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2029 PALM TERRACE, Sarasota, FL, 34231 is a Multi-Family Home for sale at $359,777 with 980 sqft and a lot size of 0.23. 2029 PALM TERRACE has 2 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 34231 which is in Sarasota, FL