TWO for ONE! Experience the potential of 2042 Kai Dr, a unique property for sale in Sarasota, FL, offering a prime renovation opportunity. Built in 1963, this Florida block home features 1790 sqft of living space and sits on a spacious combined lot, INCLUDING the house and an adjacent vacant lot. Located on a quiet cul-de-sac street with no through traffic, it presents a tranquil residential setting. The interior retains many original features, creating a perfect canvas for those looking to renovate or rebuild from scratch. The property includes an open floor plan with a living room-dining room combination and a great room adorned with a wall of wide sliders. Notable updates include a new roof installed in 2012 and a central A/C system added in 2015. This house is being sold AS-IS, with no credits or repairs offered, reflecting the list price for BOTH the home and the adjacent lot that is separately deeded. These lots offer the potential to build your dream home in a desirable area of Sarasota. The property's value is further underscored by a recent appraisal conducted in August 2024, ensuring you buy with built-in equity. Location wise, it's also conveniently close to Sprouts Farmers Market (1 mile), Gulf Gate (approx 2 miles), and the stunning Siesta Key (approx 3 miles), enhancing lifestyle convenience with grocery shopping, local attractions, and beautiful beaches nearby. Whether you are investing to remodel or to create something new, 2042 Kai Dr holds impressive potential in a fantastic Sarasota location.
Sold for $397,500
$397,500
2042 KAI DRIVE, SARASOTA, FL 34231
2beds
1,790sqft
Single Family Residence
Built in 1963
8,766 Square Feet Lot
$-- Zestimate®
$222/sqft
$1,983 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,983/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Ballantyne 941-404-7374,
COLDWELL BANKER SARASOTA CENT. 941-487-5600
Bought with:
Michael Ballantyne, 3373065
COLDWELL BANKER SARASOTA CENT.
Source: Stellar MLS,MLS#: A4621739
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bonus Room, Storage Rooms
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Dinette
- Level: First
Great room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Workshop
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Open Floorplan
- Flooring: Linoleum, Terrazzo
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 2,616
- Total interior livable area: 1,790 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Private Mailbox, Storage
Lot
- Size: 8,766 Square Feet
- Features: Cul-De-Sac, In County
Details
- Additional structures: Shed(s)
- Additional parcels included: 0112110003
- Parcel number: 0112110004
- Zoning: RSF3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: JENSEN SUB
HOA
- Has HOA: No
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $318,900
- Annual tax amount: $3,217
- Date on market: 9/11/2024
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $397,500-4.2%$222/sqft |
Source:  Stellar MLS #A4621739 Report a problem | ||
| 9/18/2024 | Pending sale | $415,000$232/sqft |
Source: Stellar MLS #A4621739 Report a problem | ||
| 9/11/2024 | Listed for sale | $415,000$232/sqft |
Source: Stellar MLS #A4621739 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,152 -31.4% | $168,284 -22.6% |
| 2024 | $3,139 -2.4% | $217,300 -5% |
| 2023 | $3,217 +232.7% | $228,700 +207.2% |
| 2022 | $967 +1.7% | $74,443 +3% |
| 2021 | $951 +1.4% | $72,275 +1.4% |
| 2020 | $937 +5.4% | $71,277 +2.3% |
| 2019 | $889 | $69,674 +1.9% |
| 2018 | $889 +4.2% | $68,375 +2.1% |
| 2017 | $853 -1.6% | $66,969 -50.3% |
| 2016 | $867 | $134,700 +14.8% |
| 2015 | $867 +0.3% | $117,300 +84.2% |
| 2014 | $865 -0.1% | $63,664 |
| 2013 | $865 -2.6% | $63,664 +1.7% |
| 2012 | $889 -12.5% | $62,600 -18.4% |
| 2011 | $1,016 -9.8% | $76,700 -7.7% |
| 2010 | $1,127 +7.2% | $83,137 +2.7% |
| 2009 | $1,051 | $80,951 +0.1% |
| 2008 | $1,051 -9.8% | $80,870 +3% |
| 2007 | $1,165 | $78,515 +2.5% |
| 2006 | -- | $76,600 +3% |
| 2005 | -- | $74,369 +3% |
| 2004 | $1,162 -0.2% | $72,203 +1.9% |
| 2003 | $1,165 -3.2% | $70,857 +2.4% |
| 2002 | $1,203 +5.9% | $69,196 +1.6% |
| 2001 | $1,136 +2% | $68,106 +3% |
| 2000 | $1,114 | $66,122 |
Find assessor info on the county website
Neighborhood: Gulf Gate Estates
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Nearby schools
GreatSchools rating
- 5/10Gulf Gate Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 4.1 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 2.8 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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- Florida
- Sarasota County
- Sarasota
- 34231
- Gulf Gate Estates
- 2042 KAI DRIVE
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