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Sold for $360,000
  • $360,000

    2117 Palm Ter, Sarasota, FL 34231

    2beds
    760sqft
    SingleFamily
    Built in 1951
    8,138 Square Feet Lot
    $337,800 Zestimate®
    $474/sqft
    $2,080 Estimated rent

    Home value

    $337,800

    $321,000 - $355,000

    $2,080/mo

    Zestimate® history
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    $2,080/mo

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    $2,336/mo

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    What's special

    Charming Renovated Bungalow in the Heart of Sarasota – Investor Friendly! Welcome to 2117 Palm Terrace – a beautifully renovated 2-bedroom, 2-bath gem offering the perfect blend of charm, style, and modern convenience. Set on a spacious 8,138 sq ft lot, this 1951-built home has been fully transformed in 2023 with brand-new features throughout. Step inside to discover a light-filled interior with 760 sq ft of thoughtfully designed living space. Everything is new – from the hurricane-impact windows and doors to the stylish finishes, brand-new central AC, and energy-efficient electric heating. The open layout is ideal for everyday living or short-term rental potential. Highlights include: Metal Roof New water heater & AC Washer/dryer in unit Fully fenced-in backyard with shed Private driveway No HOA fees – short-term rental friendly Option to purchase furnished and rental-ready Whether you're a first-time buyer, seasonal resident, or savvy investor, this turnkey property is a rare find just minutes from world-famous Siesta Key Beach, shopping, dining, and downtown Sarasota. Don't miss this opportunity to own a move-in-ready coastal cottage with income potential!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 760 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 8,138 Square Feet
    Details
    • Parcel number: 0075040059

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1951

    Community & HOA

    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $474/sqft
    • Tax assessed value: $261,000
    • Annual tax amount: $3,611

    Price history

    DateEventPrice
    7/20/2026Sold$360,000-6.5%$474/sqft
    Source: Public Record Report a problem
    4/28/2026Pending sale$385,000$507/sqft
    Source: Stellar MLS #O6344458 Report a problem
    10/6/2025Price change$385,000-2.5%$507/sqft
    Source: Stellar MLS #O6344458 Report a problem
    9/16/2025Listed for sale$395,000+66.7%$520/sqft
    Source: Stellar MLS #O6344458 Report a problem
    7/15/2022Sold$237,000-13.8%$312/sqft
    Source: Public Record Report a problem
    6/24/2022Pending sale$275,000$362/sqft
    Source: Stellar MLS #A4539278 Report a problem
    6/18/2022Listed for sale$275,000+547.1%$362/sqft
    Source: Stellar MLS #A4539278 Report a problem
    5/27/2011Sold$42,500-71.7%$56/sqft
    Source: Public Record Report a problem
    3/3/2005Sold$150,000$197/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,611 +1.3%$261,000 +1%
    2024$3,565 +15.7%$258,300 +18.1%
    2023$3,082 +103.5%$218,800 +81.9%
    2022$1,515 -1.9%$120,317 +3%
    2021$1,543 +0.8%$116,813 +1.4%
    2020$1,532 -17.3%$115,200 +12.1%
    2019$1,852 $102,757 -10.8%
    2018$1,852 +4%$115,200 +40.7%
    2017$1,781 +23.7%$81,857 -16.1%
    2016$1,439 $97,600 +29.4%
    2015$1,439 +10.6%$75,400 +26.1%
    2014$1,301 +0.8%$59,800
    2013$1,291 +3.5%$59,800 +4.5%
    2012$1,248 +2.1%$57,200 +1.6%
    2011$1,223 -22.8%$56,300 -29.5%
    2010$1,584 -12.3%$79,900 +3.5%
    2009$1,807 $77,200 -23.6%
    2008$1,807 +3.8%$101,000 -6.7%
    2007$1,741 $108,200 -2.4%
    2006-- $110,900 +146%
    2005-- $45,090 +3%
    2004$631 +0.4%$43,777 +1.9%
    2003$629 -1.6%$42,961 +2.4%
    2002$639 +4.7%$41,954 +1.6%
    2001$611 $41,293 +3%
    2000$611 $40,090
    Find assessor info on the county website

    Neighborhood: South Sarasota

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $337,800
    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
    $337,800