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Sold for $480,000
  • $480,000

    2531 Portland St, Sarasota, FL 34231

    4beds
    1,411sqft
    SingleFamily
    Built in 1986
    8,755 Square Feet Lot
    $473,700 Zestimate®
    $340/sqft
    $2,552 Estimated rent

    Home value

    $473,700

    $431,000 - $521,000

    $2,552/mo

    Zestimate® history
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    $2,552/mo

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    $2,552/mo

    Rent Zestimate®

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    $3,115/mo

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    $3,115/mo

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    What's special

    This single family home's accessory unit makes it an income producer with a prime location! The unit on the upper level is a 2 bedroom, 1 bathroom and ready to move in for an owner occupant (with appliance allowance). The unit on the lower level is also 2 bedroom, 1 bathroom; either unit will rent for $1295/mnth. Both units are currently vacant. Newly remodeled with 100% waterproof engineered wood flooring in each unit (Some tile in one of the units). New fixtures and new paint inside and out; Behr Premium Plus paint with warranty. Due to location, this property is a high demand rental! Excellent opportunity!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Ceiling Fans(s)
    • Flooring: Carpet
    Interior area
    • Total interior livable area: 1,411 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Deck, Rear Porch
    • Exterior features: Other
    Lot
    • Size: 8,755 sqft
    Details
    • Parcel number: 0085150062
    • Zoning: RSF2

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Sarasota
    • Subdivision: PHILLIPPI CREST WADE & AVERYS ADD 03

    Other

    Other facts
    • Appliances: Refrigerator, Microwave, Range
    • Cooling: Central Air
    • Flooring: Ceramic Tile, Engineered Hardwood
    • Heating: Electric
    • Interior Features: Ceiling Fans(s)
    • Additional Rooms: Interior In-Law Apt
    • Construction Materials: Wood Frame, Wood Siding
    • Patio And Porch Features: Deck, Rear Porch
    • Roof: Shingle
    • Property Type: Residential
    • Exterior Features: Balcony, Other
    • Total Acreage: Up to 10, 889 Sq. Ft.
    • Direction Faces: South
    • Foundation Details: Stem Wall
    • Minimum Lease: No Minimum
    • Utilities: Electricity Available
    • Additional Parcels YN: 0
    • Association Approval Required YN: 0
    • Available For Lease YN: 1
    • Fireplace YN: 0
    • Flood Zone Code: X
    • Pool Private YN: 0
    • Water Access YN: 0
    • Water Extras YN: 0
    • Waterfront Feet Total: 0
    • Waterfront YN: 0
    • Water View YN: 0
    • Room Count: 5
    • Public Survey Section: 08
    • Public Survey Range: 18
    • Zoning: RSF2
    • Year Built: 1986
    • Flood Zone Panel: 12115C0144F
    • Tax Year: 2018
    • Living Area: 1411.00
    • Tax Annual Amount: 1636
    • New Construction YN: 0
    • Garage YN: 0
    • Sewer: Septic Tank
    • Water Source: Well
    • Exist Lse Tenant YN: 0
    • Homestead YN: 1
    • Lease Restrictions YN: 0
    • Flood Zone Date: 2016-11-04
    • Subdivision Name: PHILLIPPI CREST WADE & AVERYS ADD 03

    Price history

    DateEventPrice
    1/12/2026Sold$480,000+37.1%$340/sqft
    Source: Public Record Report a problem
    3/8/2022Sold$350,000+48.9%$248/sqft
    Source: Public Record Report a problem
    5/3/2019Sold$235,000+6.8%$167/sqft
    Source: Public Record Report a problem
    3/18/2019Listed for sale$219,997+63%$156/sqft
    Source: BRIGHT REALTY #A4431446 Report a problem
    1/24/2019Sold$135,000-0.1%$96/sqft
    Source: Public Record Report a problem
    12/18/2018Pending sale$135,200$96/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A4420591 Report a problem
    12/3/2018Listed for sale$135,200+19.6%$96/sqft
    Source: COLDWELL BANKER RES R E #A4420591 Report a problem
    11/5/2018Sold$113,000-24.7%$80/sqft
    Source: Public Record Report a problem
    9/25/2003Sold$150,000+27.1%$106/sqft
    Source: Public Record Report a problem
    8/13/2002Sold$118,000+47.5%$84/sqft
    Source: Public Record Report a problem
    7/27/2001Sold$80,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,671 -4%$318,400 -5.6%
    2024$4,864 +7%$337,300 +7.1%
    2023$4,547 +17.6%$314,900 +41.1%
    2022$3,868 +14.7%$223,190 +10%
    2021$3,372 +5.2%$202,900 +8.2%
    2020$3,206 +16.7%$187,600 +19.9%
    2019$2,746 $156,500 +29.2%
    2018$2,746 +67.8%$121,133 +21.1%
    2017$1,636 +4.7%$100,003 -38.3%
    2016$1,563 $162,000 +8.2%
    2015$1,563 +36.9%$149,700 +84.6%
    2014$1,142 -1.6%$81,081
    2013$1,161 +10.7%$81,081 +5.8%
    2012$1,048 -11.9%$76,600 -13.3%
    2011$1,190 -3.1%$88,300 +0.6%
    2010$1,228 -27.9%$87,800 -9.1%
    2009$1,702 $96,600 -27.7%
    2008$1,702 -13.6%$133,562 -9.9%
    2007$1,971 $148,161 +3.9%
    2006-- $142,556 +14%
    2005-- $125,102 +10.2%
    2004$1,693 -3.9%$113,500 +26%
    2003$1,761 +14.9%$90,100 +22.9%
    2002$1,534 +6.2%$73,300 +1.2%
    2001$1,444 +1.5%$72,400 +3.9%
    2000$1,423 $69,700

    Find assessor info on the county website

    Neighborhood: Ridge Wood Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Phillippi Shores Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: The 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
    $473,700
    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
    $473,700