This property is one of the last income producing properties available in Sarasota and can be zoned for commercial use. All 3 units are 2 bedrooms 1.5 bathrooms. Two of the units are renting for $750.00 per month and the other is renting for $850.00 per month. Leases will expire in April, June and August 2019. What is better than owning a triplex in beautiful Florida while living in the other half as a snowbird or as a full-time resident. You are minutes away from beautiful award-winning Gulf Coast Beaches, Shopping, Top restaurants, and Entertainment. The roof is only 10 years old, one A/C unit is 2 years old and the other 2 are new as well. The water heaters have been replaced within the last few years and all windows have been replaced by Florida standards. Don't let this rare opportunity pass you by.
Sold for $575,000
$575,000
2507 Terry Ln, Sarasota, FL 34231
3beds
3baths
2,754sqft
Triplex
Built in 1970
-- sqft lot
$572,700 Zestimate®
$209/sqft
$1,905 Estimated rent
Home value
$572,700
$510,000 - $636,000
$1,905/mo
Zestimate® history
Owner options
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$1,905/mo
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$3,666/mo
Est. payment
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$3,666/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Other, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Ceiling Fans(s)
- Flooring: Tile
Interior area
- Structure area source: Public Records
- Total interior livable area: 2,754 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
Features
- Levels: One
- Exterior features: Stucco
Lot
- Size: 10,001 Square Feet
- Dimensions: 100x100
- Features: Near Public Transit, Corner Lot, Street Paved
- Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Details
- Parcel number: 0103090026
- Zoning: RMF2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- masonry
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Utilities for property: Electricity Connected, Public, Cable Connected, Street Lights
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: GULF GATE MANOR
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $442,000
- Annual tax amount: $6,644
- Lease term: 12 Months
- Tenant pays: Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listing removed | $1,695$1/sqft |
Source: Stellar MLS #A4674329 Report a problem | ||
| 2/28/2026 | Listed for rent | $1,695-3.1%$1/sqft |
Source: Stellar MLS #A4674329 Report a problem | ||
| 2/14/2026 | Listing removed | $1,750$1/sqft |
Source: Stellar MLS #A4674329 Report a problem | ||
| 12/5/2025 | Listed for rent | $1,750$1/sqft |
Source: Stellar MLS #A4674329 Report a problem | ||
| 2/2/2024 | Sold | $575,000+43.8%$209/sqft |
Source: Public Record Report a problem | ||
| 5/16/2019 | Sold | $400,000+0%$145/sqft |
Source: Public Record Report a problem | ||
| 2/25/2019 | Price change | $399,999-1.8%$145/sqft |
Source: Keller Williams Realty of Manatee #A4206919 Report a problem | ||
| 10/5/2018 | Price change | $407,500+0.6%$148/sqft |
Source: Keller Williams Realty of Manatee #A4206919 Report a problem | ||
| 8/24/2018 | Listed for sale | $405,000$147/sqft |
Source: Keller Williams Realty of Manatee #A4206919 Report a problem | ||
| 8/12/2018 | Pending sale | $405,000$147/sqft |
Source: Keller Williams Realty of Manatee #A4206919 Report a problem | ||
| 6/30/2018 | Price change | $405,000-10%$147/sqft |
Source: Keller Williams Realty of Manatee #A4206919 Report a problem | ||
| 1/19/2018 | Listed for sale | $450,000+91.5%$163/sqft |
Source: KELLER WILLIAMS RLTY MANATEE #A4206919 Report a problem | ||
| 10/2/2000 | Sold | $235,000+10.6%$85/sqft |
Source: Public Record Report a problem | ||
| 12/2/1999 | Sold | $212,500+11.8%$77/sqft |
Source: Public Record Report a problem | ||
| 1/22/1999 | Sold | $190,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,644 +3.3% | $442,000 +16% |
| 2024 | $6,435 +4.9% | $381,105 +10% |
| 2023 | $6,136 +4.3% | $346,459 +10% |
| 2022 | $5,885 +19.2% | $314,963 +10% |
| 2021 | $4,937 +10.3% | $286,330 +10% |
| 2020 | $4,475 +25.6% | $260,300 +32.8% |
| 2019 | $3,564 | $196,000 -11.6% |
| 2018 | $3,564 -6.4% | $221,800 +7.3% |
| 2017 | $3,806 +7.1% | $206,628 -10% |
| 2016 | $3,553 | $229,700 +4.8% |
| 2015 | $3,553 +14.6% | $219,200 +55.3% |
| 2014 | $3,101 +8.1% | $141,130 |
| 2013 | $2,870 +7.3% | $141,130 +10% |
| 2012 | $2,674 -10.7% | $128,300 -10.9% |
| 2011 | $2,993 -11.3% | $144,000 -13.9% |
| 2010 | $3,375 -26.1% | $167,200 -11% |
| 2009 | $4,566 | $187,800 -31.3% |
| 2008 | $4,566 -16% | $273,300 -19.6% |
| 2007 | $5,433 | $340,000 +7.7% |
| 2006 | -- | $315,800 +38.5% |
| 2005 | -- | $228,000 +12.2% |
| 2004 | $4,068 -3.1% | $203,200 -0.9% |
| 2003 | $4,197 +6.5% | $205,100 +10.4% |
| 2002 | $3,939 +9.4% | $185,800 +7.2% |
| 2001 | $3,601 +4.9% | $173,400 +10.2% |
| 2000 | $3,431 | $157,400 |
Find assessor info on the county website
Neighborhood: Gulf Gate Estates
Nearby homes
- $--2 bd2 ba1k sqft2507 Terry Ln #2507, Sarasota, FL 34231Off Market
- $--2 bd1 ba850 sqft2523 Terry Ln #2523, Sarasota, FL 34231Off Market
- $432,5003 bd1 ba900 sqft2523 Terry Ln, Sarasota, FL 34231Off Market
- $192,8002 bd1 ba1k sqft2526 Terry Ln, Sarasota, FL 34231Off Market
- $--2 bd1 ba850 sqft2519 Terry Ln, Sarasota, FL 34231Off Market
- $--2 bd1 ba-- sqft2518 Terry Ln #2518, Sarasota, FL 34231Off Market
- $--2 bd1 ba841 sqft2517 Terry Ln #2, Sarasota, FL 34231Off Market
- $--2 bd1 ba850 sqft2516 Terry Ln, Sarasota, FL 34231Off Market
Nearby schools
GreatSchools rating
- 5/10Gulf Gate Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 6/10Brookside Middle SchoolGrades: 6-8Distance: 2.5 mi
- 7/10Riverview High SchoolGrades: PK,9-12Distance: 1.2 mi
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Estimated market value
$572,700
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
$572,700
- Florida
- Sarasota County
- Sarasota
- 34231
- Gulf Gate Estates
- 2507 Terry Ln
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Nearby neighborhoods
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