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431 N East Avenue Sarasota, FL $ 1,200,000
431 N East Avenue
$ 1,200,000
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431 N East Avenue

Sarasota, FL, 34237
$ 1,200,000
Bedrooms3 Baths2.0 Sq 2,210

Monthly Estimate*

$ 7,389

Multi-Family Home for sale in Sarasota, FL

for $1,200,000 with 3 bedrooms and 2 full baths. This 2,210 square foot home was built in 1959.

Discover an exceptional opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,207

Style

Year Built

1959

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A12038154

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Patio/Porch Features Open Porch
Pool Features None
Construction Materials Block Shingle Siding
Year Built 1959
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2025
County Sarasota
Property Type Residential Income
Energy Efficient Appliances HVAC
Subdivision Name POS SUB OF LOT 11 B
Rent Includes Water
Full Baths 2
Status Active
City Sarasota
Disclosures None Owner Is Listing Agent
Zoning Description DTN - DOWNTOWN NEIGH
Number Of Units Total 1
MLS Area 5940 Florida Other
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Year Built Details Resale
Tax Annual Amount 8207
MLS Area Minor Other Geographic Area (Out Of Area Only)
Standard Status Active
Occupancy Type Call Agent
Total Actual Rent 7700
Property Sub Type Additional Triplex
Legal Description LOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Exterior Amenities Fence Porch Room For Pool Security/High Impact Doors
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Total Parking 10
Building Area Total 2312
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Ballagas Realty Llc

Broker

yandy25394@gmail.com

Email

Affordability Calculator

$8,073
Per Month
92%
8%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$684
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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$1,200,000 Listed Price

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431 N East Avenue, Sarasota, FL, 34237 is a Multi-Family Home for sale at $1,200,000 with 2,210 sqft. 431 N East Avenue has 3 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 34237 which is in Sarasota, FL