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!
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
Owner options
List your home for rent
$2,080/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,080/mo
Rent Zestimate®
Refinance and save
$2,336/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,336/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $360,000-6.5%$474/sqft |
Source: Public Record Report a problem | ||
| 4/28/2026 | Pending sale | $385,000$507/sqft |
Source: | ||
| 10/6/2025 | Price change | $385,000-2.5%$507/sqft |
Source: | ||
| 9/16/2025 | Listed for sale | $395,000+66.7%$520/sqft |
Source: | ||
| 7/15/2022 | Sold | $237,000-13.8%$312/sqft |
Source: Public Record Report a problem | ||
| 6/24/2022 | Pending sale | $275,000$362/sqft |
Source: | ||
| 6/18/2022 | Listed for sale | $275,000+547.1%$362/sqft |
Source: | ||
| 5/27/2011 | Sold | $42,500-71.7%$56/sqft |
Source: Public Record Report a problem | ||
| 3/3/2005 | Sold | $150,000$197/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 9/10Phillippi Shores Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 0.8 mi
Get a cash offer in 3 minutes
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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
- Florida
- Sarasota County
- Sarasota
- 34231
- South Sarasota
- 2117 Palm Ter