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Sold for $267,000
  • $267,000

    2029 Palm Ter, Sarasota, FL 34231

    2beds
    2baths
    980sqft
    Duplex, Multi Family
    Built in 1949
    -- sqft lot
    $363,400 Zestimate®
    $272/sqft
    $1,812 Estimated rent

    Home value

    $363,400

    $323,000 - $407,000

    $1,812/mo

    Zestimate® history
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    $1,812/mo

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    $1,705/mo

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    $1,705/mo

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    What's special

    Fenced backyardGalley style kitchensVinyl floorsRefrigerator and range
    Income Producing Duplex located just off US41 in South Sarasota. Each unit is a 1 bedroom 1 bathroom with Vinyl Floors on both sides (left side newly replaced vinyl) and some tile. Galley style kitchens with Refrigerator and range and door to backyard. Full size bathroom with shower. Annual leases through Sept 2025 & July 2026. Combined Gross rents are $2,545/mo . Separately metered electric. Water paid by owner. Roof replaced 2022. Hot Water Heaters 2021. A/C Window Units. Large lot just under a 1/4 acre. Parking on both sides of property for each tenant. Fenced backyard. Good school zones. Central to Beaches, shopping, restaurants, good schools, golf and more! Call to schedule your showing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dane Peterson 239-357-5692,

    RELAX REALTY GROUP INC 941-724-0625,

    Marc Pelletz 941-809-3869,

    RELAX REALTY GROUP INC

    Bought with:

    Dane Peterson, 3346860

    RELAX REALTY GROUP INC

    Marc Pelletz, 0608183

    RELAX REALTY GROUP INC

    Source: Stellar MLS,MLS#: A4632179MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Other
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: None
    Features
    • Ceiling Fan(s)
    • Flooring: Tile, Vinyl
    • Windows: Aluminum Frames, Blinds
    • Has fireplace: No
    Interior area
    • Total interior livable area: 980 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 9,864 Square Feet
    • Features: In County
    Details
    • Parcel number: 0075040053
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Stucco, Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HARBOR OAKS
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $218,500
    • Annual tax amount: $3,267
    • Date on market: 12/11/2024
    • Cumulative days on market: 328 days
    • Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    1/7/2026Sold$267,000-25.8%$272/sqft
    Source: Stellar MLS #A4632179 Report a problem
    11/4/2025Pending sale$359,777$367/sqft
    Source: Stellar MLS #A4632179 Report a problem
    8/5/2025Listing removed$1,250$1/sqft
    Source: Zillow Rentals Report a problem
    7/4/2025Price change$1,250-7.4%$1/sqft
    Source: Zillow Rentals Report a problem
    6/24/2025Listed for rent$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    5/8/2025Price change$359,777-2.7%$367/sqft
    Source: Stellar MLS #A4632179 Report a problem
    12/11/2024Listed for sale$369,777+721.7%$377/sqft
    Source: Stellar MLS #A4632179 Report a problem
    3/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/2/2024Listed for rent$1,350$1/sqft
    Source: Zillow Rentals Report a problem
    5/6/2013Sold$45,000$46/sqft
    Source: Public Record Report a problem
    3/2/2013Listed for sale$45,000-30.8%$46/sqft
    Source: Hook & Ladder Realty, Inc. #A3974331 Report a problem
    1/29/2013Sold$65,001$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,454 +1.5%$218,500 +7.6%
    2024$3,403 +0.5%$203,030 +10%
    2023$3,387 +17.8%$184,573 +21.2%
    2022$2,875 +8%$152,339 +10%
    2021$2,662 +11.1%$138,490 +10%
    2020$2,397 +4.8%$125,900 +4.5%
    2019$2,286 $120,467 -8.6%
    2018$2,286 +2.6%$131,800 +32.4%
    2017$2,228 +12.4%$99,559 -11.4%
    2016$1,982 $112,400 +9.8%
    2015$1,982 +14.5%$102,400 +57%
    2014$1,731 +5.6%$65,230 -4.1%
    2013$1,639 +7.2%$68,000 +14.7%
    2012$1,528 -6.5%$59,300 -13.3%
    2011$1,634 -21.3%$68,400 -29.9%
    2010$2,076 -1%$97,600 +2.2%
    2009$2,098 $95,500 -8.3%
    2008$2,098 +34.7%$104,100 +0.1%
    2007$1,558 $103,948 +2%
    2006-- $101,893 +41.7%
    2005-- $71,922 +15%
    2004$1,082 +0.7%$62,525 +2.2%
    2003$1,074 +4.6%$61,179 +9.2%
    2002$1,026 +6.1%$56,018 +2.8%
    2001$967 -0.3%$54,467 +6.2%
    2000$971 $51,287
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores 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
    $363,400
    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
    $363,400