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Sold for $372,000
  • $372,000

    1003 Patterson Dr, Sarasota, FL 34234

    4beds
    4baths
    1,798sqft
    Duplex, Multi Family
    Built in 1940
    -- sqft lot
    $617,500 Zestimate®
    $207/sqft
    $2,629 Estimated rent

    Home value

    $617,500

    $537,000 - $710,000

    $2,629/mo

    Zestimate® history
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    What's special

    Sparkling blue poolFire pit
    One or more photo(s) has been virtually staged. MOTIVATED SELLER, BRING AN OFFER! New price for an income producing duplex! A lucrative Sarasota opportunity for investors or owner-occupants looking to generate rental income. LIVE IN ONE SIDE AND RENT OUT THE OTHER! 2 UNITS! Each unit features 2 bedrooms, 2 full bathrooms, well appointed kitchens, and spacious living areas. All found in an ideal location for attracting quality tenants. This property is well-maintained, with recent updates such as NEW cabinets, NEW appliances, and NEW water heaters. Roof 2017. Complete with a sparkling blue pool and plenty of room to roam in the backyard, or relax by the fire pit. A tandem style driveway with a covered space provides ample parking. Unique multi-family property. Boasting a proven rental history and a large demand for occupancy. With a prime location in Sarasota... just around the corner from Downtown Sarasota, Lido Key, dining, and top rated schools. Ringling College Of The Arts and Design and University of South Florida are just minutes away. With many big developments breaking ground int the surrounding area. Whether you’re looking to expand your rental portfolio or live in one unit while renting out the other, this duplex is a fantastic investment opportunity. Don't miss your chance to own this income-generating gem! PLEASE DO NOT DISTURB TENANT.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Cook 941-704-9432,

    FINE PROPERTIES 941-782-0000

    Bought with:

    Michael Cook, 3493100

    FINE PROPERTIES

    Source: Stellar MLS,MLS#: A4634168MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: Common Area, Laundry Room
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Tile, Vinyl
    • Doors: Sliding Doors
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,282
    • Total interior livable area: 1,798 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Driveway, On Street, Parking Pad, Tandem
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Sidewalk
    • Has private pool: Yes
    • Pool features: Deck, In Ground
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 7,883 Square Feet
    • Dimensions: 50 x 155
    • Features: Sidewalk
    Details
    • Additional structures: Shed(s), Storage, Outbuilding
    • Parcel number: 2005100023
    • Zoning: NT
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: BAY HAVEN
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $207/sqft
    • Tax assessed value: $305,500
    • Annual tax amount: $4,523
    • Date on market: 1/3/2025
    • Cumulative days on market: 139 days
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/25/2025Sold$372,000-7%$207/sqft
    Source: Stellar MLS #A4634168 Report a problem
    5/22/2025Pending sale$399,999$222/sqft
    Source: Stellar MLS #A4634168 Report a problem
    4/13/2025Price change$399,999-9.1%$222/sqft
    Source: Stellar MLS #A4634168 Report a problem
    3/7/2025Price change$439,900-4.3%$245/sqft
    Source: Stellar MLS #A4634168 Report a problem
    1/3/2025Listed for sale$459,500+129.8%$256/sqft
    Source: Stellar MLS #A4634168 Report a problem
    6/8/2018Listing removed$1,300$1/sqft
    Source: Rossi & Company Exclusive Rentals Report a problem
    4/23/2018Listed for rent$1,300$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/4/2017Sold$200,000-12.7%$111/sqft
    Source: Stellar MLS #A4179472 Report a problem
    3/20/2017Pending sale$229,000$127/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    3/7/2017Listed for sale$229,000+2.2%$127/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    9/13/2016Listing removed$224,000$125/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/11/2016Listed for sale$224,000$125/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    7/6/2016Pending sale$224,000$125/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/22/2016Price change$224,000-6.3%$125/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    5/14/2016Listed for sale$239,000+181.2%$133/sqft
    Source: Michael Saunders & Company - Licensed Real Estate Broker Report a problem
    6/10/1998Sold$85,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,961 +5.5%$305,500 +6.9%
    2024$4,702 +3.9%$285,681 +10%
    2023$4,524 +18.4%$259,710 +10%
    2022$3,821 -4.4%$236,100 -2.8%
    2021$3,995 +3.4%$242,900 +6.3%
    2020$3,865 +7.1%$228,500 +7.3%
    2019$3,608 $213,000 -5.3%
    2018$3,608 -5.2%$224,900 +8.3%
    2017$3,807 +25%$207,678 -9.9%
    2016$3,047 $230,600 +34.7%
    2015$3,047 +15.4%$171,200 +37.4%
    2014$2,641 +10.7%$124,630
    2013$2,386 +9.7%$124,630 +10%
    2012$2,176 +14%$113,300 +10%
    2011$1,910 -14.7%$103,000 -15%
    2010$2,240 -26.3%$121,200 -21.8%
    2009$3,039 $154,900 -14.2%
    2008$3,039 -21.3%$180,600 -21.8%
    2007$3,860 $231,000 +10%
    2006-- $210,000 +46.6%
    2005-- $143,200 +18.3%
    2004$2,339 +5.3%$121,000 +9.5%
    2003$2,222 +11.9%$110,500 +15.6%
    2002$1,986 +23.3%$95,600 +19.4%
    2001$1,611 +10.8%$80,100 +12.5%
    2000$1,455 $71,200
    Find assessor info on the county website

    Neighborhood: Indian Beach-Sapphire Shores

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $617,500
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    Estimated market value
    $617,500