tomo logo

$775,000

Beds
3
Baths
2.0
sq ft
1,546

1827 Towhee Ln, Sarasota, FL 34231

1827 Towhee Ln

SARASOTA, FL 34231

  • <1 day on market
Duplex Near the Intracoastal - Great Investment Opportunity! Welcome to this charming duplex, ideally located just minutes from the Intracoastal Waterway! Currently rented, this property offers an excellent investment opportunity with immediate cash flow. The sellers are motivated and open to seller financing, making this an even more attractive option for buyers. Property Highlights: Duplex Layout: Unit 1: 2 bedrooms / 1 bathroom Unit 2: 1 bedroom / 1 bathroom Fenced Yard for privacy and outdoor enjoyment Prime Location near the Intracoastal Waterway – ideal for boating enthusiasts, beachgoers, and those who love waterfront living Land Value: The property offers significant potential for future development. Rehab the existing duplex, or build your dream home on this valuable piece of land Motivated Sellers: Flexible terms and open to seller financing Whether you're looking to hold as an investment, rehab for increased value, or develop into something new, this property offers endless possibilities. Don’t miss your chance to secure this fantastic location and make it your own! Contact me today for more details or to schedule a showing!

Details

Property type

Est. home value

$531,584

Lot size

0.36 acres

Price per sq ft

$502

Year built

1957

Annual property taxes

$6,377.98

HOA

No

Price History

01/23/2025
StellarMLS

StellarMLS #A4636795

Listed
$775,000
+9.15%
08/19/2022
StellarMLS

StellarMLS #A4545699

Sold
$710,000
+61.36%
07/07/2021
StellarMLS

StellarMLS #A4498844

Sold
$440,000

Schools & Community

Elementary school: 

Gulf Gate Elementary

Middle school: 

Brookside Middle

High school: 

Riverview High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Louis G Gabriele Etux

Loan start date

August 2022

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

4.83%

Loan type

Commercial, 10 year

Seller

Pen Produce Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/24/2025 at 2:50 PM

Listing updated: 01/23/2025 at 11:09 PM

Listed by: Jon Sullivan, KW SUNCOAST Phone #: (941) 792-2000

MLS: StellarMLS #A4636795

StellarMLS logo

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