$1,190,000
- Beds
- 4
- Baths
- 4.0
- sq ft
- 1,441
1805 Ivanhoe St, Sarasota, FL 34231
1805 Ivanhoe St
SARASOTA, FL 34231
- 42 days on market
- Price drop $60,000↓
- Open house Jul 07
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.
Details
Property type
Lot size
7,500 sq ft
Price per sq ft
$826
Year built
1971
Annual property taxes
$6,490
Price History
06/07/2024
![StellarMLS](/_next/static/media/stellarMlsLogo.c53f798a.png)
StellarMLS #A4611218
Price change
$1,190,000
-4.8%
05/22/2024
![StellarMLS](/_next/static/media/stellarMlsLogo.c53f798a.png)
StellarMLS #A4611218
Listed
$1,250,000
+10.62%
05/31/2022
![StellarMLS](/_next/static/media/stellarMlsLogo.c53f798a.png)
StellarMLS #A4532739
Sold
$1,130,000
+237.31%
Schools & Community
Neighborhood:Â
South Sarasota
Elementary school:Â
Phillippi Shores Elementary
Middle school:Â
Brookside Middle
High school:Â
Riverview High
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Status: Active
Tomo last checked: 07/03/2024 at 10:30 AM
Listing updated: 06/19/2024 at 3:39 PM
Listed by: Shayla Twit, COLDWELL BANKER REALTY Phone #:Â (941) 383-6411
MLS: StellarMLS #A4611218
![StellarMLS logo](/_next/static/media/stellarMlsLogo.c53f798a.png)
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