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!
Sold for $740,000
$740,000
1827 Towhee Ln, Sarasota, FL 34231
3beds
1,546sqft
Duplex, Multi Family
Built in 1957
-- sqft lot
$624,000 Zestimate®
$479/sqft
$2,346 Estimated rent
Home value
$624,000
$543,000 - $718,000
$2,346/mo
Zestimate® history
Owner options
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$2,346/mo
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$2,346/mo
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$4,713/mo
Est. payment
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$4,713/mo
Est. payment
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Fenced yard
Zillow last checked:
Listing updated:
Listed by:
Jon Sullivan 941-356-3205,
KW SUNCOAST 941-792-2000
Bought with:
Jordan Ruvalcaba, 3524694
MILLENNIA REALTY
Source: Stellar MLS,MLS#: A4636795
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Elevator, High Ceilings, In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
- Flooring: Carpet, Tile, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,732
- Total interior livable area: 1,546 sqft
Property
Parking
- Parking features: Driveway, Garage Door Opener
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
- Fencing: Chain Link,Fenced
- Has view: Yes
- View description: Bay/Harbor - Partial, Intracoastal Waterway
- Has water view: Yes
- Water view: Bay/Harbor - Partial,Intracoastal Waterway
Lot
- Size: 0.36 Acres
- Features: Near Marina, Street Dead-End
Details
- Parcel number: 0125060003
- Zoning: RSF1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1957
Details
- Builder name: John Cannon Homes, INC
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Fiber Optics, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: 0000 - NOT PART OF A SUBDIVISION
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $479/sqft
- Tax assessed value: $480,900
- Annual tax amount: $6,377
- Date on market: 1/23/2025
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Ownership: Fee Simple
- Total actual rent: 45600
- Electric utility on property: Yes
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2025 | Sold | $740,000-4.5%$479/sqft |
Source:  Stellar MLS #A4636795 Report a problem | ||
| 2/20/2025 | Pending sale | $775,000$501/sqft |
Source: Stellar MLS #A4636795 Report a problem | ||
| 1/23/2025 | Listed for sale | $775,000+76.1%$501/sqft |
Source: Stellar MLS #A4636795 Report a problem | ||
| 7/12/2024 | Listing removed | $440,000-51.1%$285/sqft |
Source: Stellar MLS #A4498844 Report a problem | ||
| 8/19/2022 | Listed for sale | $900,000+26.8%$582/sqft |
Source: Stellar MLS #A4545699 Report a problem | ||
| 8/18/2022 | Sold | $710,000-75.9%$459/sqft |
Source: Public Record Report a problem | ||
| 5/20/2022 | Pending sale | $2,950,000$1,908/sqft |
Source: Stellar MLS #A4531123 Report a problem | ||
| 4/11/2022 | Listed for sale | $2,950,000+570.5%$1,908/sqft |
Source: Stellar MLS #A4531123 Report a problem | ||
| 7/9/2021 | Sold | $440,000$285/sqft |
Source: Public Record Report a problem | ||
| 6/2/2021 | Pending sale | $440,000$285/sqft |
Source: Stellar MLS #A4498844 Report a problem | ||
| 5/15/2021 | Listed for sale | $440,000$285/sqft |
Source: Stellar MLS #A4498844 Report a problem | ||
| 5/11/2021 | Pending sale | $440,000$285/sqft |
Source: Stellar MLS #A4498844 Report a problem | ||
| 4/25/2021 | Listed for sale | $440,000+109.5%$285/sqft |
Source: Stellar MLS #A4498844 Report a problem | ||
| 11/19/2003 | Sold | $210,000+23.5%$136/sqft |
Source: Public Record Report a problem | ||
| 4/4/2000 | Sold | $170,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,410 +0.5% | $480,900 |
| 2024 | $6,378 -6.1% | $480,900 -7.8% |
| 2023 | $6,792 +39.8% | $521,400 +50% |
| 2022 | $4,859 +63.7% | $347,500 +96.9% |
| 2021 | $2,968 +3.2% | $176,449 +10% |
| 2020 | $2,876 +5.2% | $160,408 +10% |
| 2019 | $2,734 | $145,825 -39.7% |
| 2018 | $2,734 -9% | $241,900 +100.7% |
| 2017 | $3,006 +57.7% | $120,516 -13.8% |
| 2016 | $1,905 | $139,800 +40.4% |
| 2015 | $1,905 -1% | $99,600 +14.2% |
| 2014 | $1,925 +7.7% | $87,230 |
| 2013 | $1,787 +8.5% | $87,230 +10% |
| 2012 | $1,647 -6.1% | $79,300 -10.8% |
| 2011 | $1,754 -19.6% | $88,900 -24.6% |
| 2010 | $2,183 -28.5% | $117,900 -23.6% |
| 2009 | $3,053 | $154,400 -21.4% |
| 2008 | $3,053 -23.2% | $196,500 -26.7% |
| 2007 | $3,973 | $268,100 +0.9% |
| 2006 | -- | $265,600 +38% |
| 2005 | -- | $192,500 +18.3% |
| 2004 | $2,932 -0.2% | $162,700 +3% |
| 2003 | $2,938 +27% | $157,900 +36.6% |
| 2002 | $2,313 +8.8% | $115,600 +4.3% |
| 2001 | $2,126 +4.1% | $110,800 +8.6% |
| 2000 | $2,042 | $102,000 |
Find assessor info on the county website
Neighborhood: 34231
Nearby homes
- $--2 bd1 ba800 sqft1827 Towhee Ln #1827, Sarasota, FL 34231Off Market
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Nearby schools
GreatSchools rating
- 5/10Gulf Gate Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 4.5 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Gulf Gate Elementary
- Middle: Brookside Middle
- High: Riverview High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$624,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$624,000
- Florida
- Sarasota County
- Sarasota
- 34231
- 1827 Towhee Ln
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