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$379,999

4975 David Avenue Sarasota, FL 34234 Residential - Active

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Description

Virtually Staged. ** Seller reserves the right to accept highest and best prior to the deadline.**This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth.Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities.Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements.The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans.The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area.Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota.**Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**

Property Highlights

Property Type: Residential -
Cooling: Central Air
Heating: Central, Electric
Home Style: Florida
Lot Size: 0.25 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $5,730
Year Built: 1992

General Information

Bedrooms: 6
Bathrooms: 4 Full
Sqft: 2,201
County: Sarasota
Subdivision: ARMSTRONG ACRES
Listed By:
Harrison Wilfley RICHARD PETERS REALTY LLC 786-418-1388

Amenities

Ceiling Fans(s)
Primary Bedroom Main Floor
Thermostat
Private Entrance
Rain Gutters
Sliding Doors

Property Features

Additional Rooms: Inside Utility
Appliances: Electric Water Heater, Refrigerator
Community Features: Street Lights
Directions: From US-41 (N Tamiami Trail), head east on University Parkway, then south on Old Bradenton Road. Turn left onto David Ave. Property is on the right.
Exterior: Frame, Wood Siding
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: City Limits, Level, Near Public Transit, Paved
Lot Dimensions: 0.25
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Driveway, Off Street
Parking Notes: Driveway, Off Street
Patio/Porch: Porch, Rear Porch
Pets Allowed: Yes
Pets Restrictions: Buyer to Verify
Property Attached Y/N: Yes
Property Sub-Type: Half Duplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Zoning: RMF2
$379,999
6beds
4.0baths
2,201sqft
New to the Market Active
BEDS6 BATHS4 full SQUARE FEET2,201 MLS#TB8529444
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONARMSTRONG ACRES

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4975 David Avenue , Sarasota, FL 34234.

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Estimated Payment

$ 1,870.01 per month $1,281.68 Principal & Interest $477.50 Property Tax $110.83 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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