Under contract-accepting backup offers. Investment Opportunity income-producing investment in a community on the rise This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise. The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing. It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66,900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9,600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization.
Accepting backups
$235,000
1655 24TH STREET, SARASOTA, FL 34234
3beds
975sqft
Single Family Residence
Built in 2005
5,750 Square Feet Lot
$225,300 Zestimate®
$241/sqft
$-- HOA
What's special
- 43 days
- 244
- 9
Zillow last checked:
Listing updated:
Listed by:
Maggie March, PA 941-303-0187,
FINE PROPERTIES 941-782-0000
Source: Stellar MLS,MLS#: A4706879
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Primary bathroom
- Features: Shower No Tub, Linen Closet
- Level: First
- Area: 80 Square Feet
- Dimensions: 8x10
Bathroom 2
- Level: First
Kitchen
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Living room
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Microwave
- Laundry: Laundry Closet
Features
- Ceiling Fan(s)
- Flooring: Laminate, Tile
- Has fireplace: No
Interior area
- Total structure area: 975
- Total interior livable area: 975 sqft
Video & virtual tour
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
- Fencing: Other
Lot
- Size: 5,750 Square Feet
- Features: Level, Sidewalk
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: 2024020066
- Zoning: X
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: NEWTOWN
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $219,600
- Annual tax amount: $2,760
- Date on market: 9/23/2026
- Cumulative days on market: 26 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved, Asphalt
Estimated market value
$225,300
$214,000 - $237,000
$2,298/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Listed for sale | $235,000+101%$241/sqft |
Source: | ||
| 3/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/29/2024 | Price change | $2,550-7.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2024 | Listed for rent | $2,750-3.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Listed for rent | $2,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/22/2012 | Listing removed | $116,900$120/sqft |
Source: Coldwell Banker Residential Real Estate - St Armands #A384882 Report a problem | ||
| 5/26/2011 | Listed for sale | $116,900-2.2%$120/sqft |
Source: Coldwell Banker Residential Real Estate - St Armands #A384882 Report a problem | ||
| 12/4/2008 | Price change | $119,500-11.5%$123/sqft |
Source: NRT Florida #A384882 Report a problem | ||
| 6/20/2008 | Listed for sale | $135,000-4.3%$138/sqft |
Source: NRT Florida #A384882 Report a problem | ||
| 10/26/2005 | Sold | $141,000$145/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,757 +1.2% | $138,610 +10% |
| 2024 | $2,723 +11.4% | $126,009 +10% |
| 2023 | $2,444 +15.8% | $114,554 +13.3% |
| 2022 | $2,111 +14.5% | $101,140 +10% |
| 2021 | $1,843 +14% | $91,945 +10% |
| 2020 | $1,617 +7% | $83,586 +10% |
| 2019 | $1,511 | $75,987 -19.8% |
| 2018 | $1,511 +5.5% | $94,700 +50.8% |
| 2017 | $1,433 +40.7% | $62,799 -8.3% |
| 2016 | $1,019 | $68,500 +32% |
| 2015 | $1,019 +3.1% | $51,900 -5.6% |
| 2014 | $988 -9.4% | $55,000 |
| 2013 | $1,090 +6.9% | $55,000 +5.8% |
| 2012 | $1,020 -2.2% | $52,000 -3.9% |
| 2011 | $1,042 -22.4% | $54,100 -24.1% |
| 2010 | $1,343 -13.3% | $71,300 -8.2% |
| 2009 | $1,550 | $77,700 -13.1% |
| 2008 | $1,550 -16% | $89,400 -16.7% |
| 2007 | $1,845 | $107,300 -6.3% |
| 2006 | -- | $114,500 +1426.7% |
| 2005 | -- | $7,500 -87.5% |
| 2004 | $1,211 +14.9% | $60,200 +21.4% |
| 2003 | $1,054 +0.6% | $49,600 +3.3% |
| 2002 | $1,048 +9% | $48,000 +3.7% |
| 2001 | $961 -3.6% | $46,300 -4.3% |
| 2000 | $997 | $48,400 |
Find assessor info on the county website
Monthly payment
Est. payment





