For sale

$1,200,000

431 East Ave, Sarasota, FL 34237

6beds

4baths

2,210sqft

$7,807/mo

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Triplex

Built in 1959

-- sqft lot

$-- Zestimate^®

$543/sqft

$-- HOA

What's special

Corner lot

Discover an exceptional opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.

48 days

106

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Electric

Features

Flooring: Tile
Doors: High Impact Doors
Windows: Clear Impact Glass

Interior area

Total structure area: 2,312
Total interior livable area: 2,210 sqft

Property

Parking

Total spaces: 10

Features

Stories: 1
Patio & porch: Open Porch
Exterior features: Room For Pool
Fencing: Fenced

Lot

Features: 1/4 To Less Than 1/2 Acre Lot

Details

Parcel number: 2028120076
Zoning: DTN - DOWNTOWN NEIGH

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Concrete Block Construction, Composition Shingle
Roof: Shingle

Condition

Updated/Remodeled
Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Green energy

Energy efficient items: Appliances, HVAC

Community & HOA

Community

Subdivision: Pos Sub Of Lot 11 B

HOA

Has HOA: No

Location

Region: Sarasota

Financial & listing details

Price per square foot: $543/sqft
Tax assessed value: $531,300
Annual tax amount: $8,207
Date on market: 6/16/2026
Listing terms: All Cash,Conventional,FHA,VA Loan
Total actual rent: 7700

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/31/2026	Listed for sale	$1,200,000+36.7%$543/sqft
Source: MIAMI #A11991929 Report a problem
8/28/2024	Sold	$878,000-7.6%$397/sqft
Source: Public Record Report a problem
5/8/2024	Listed for sale	$950,000+131.7%$430/sqft
Source: Stellar MLS #T3525091 Report a problem
7/29/2022	Sold	$410,000-16.2%$186/sqft
Source: Public Record Report a problem
4/26/2022	Listing removed	--
Source: Stellar MLS #A4532709 Report a problem
4/22/2022	Listed for sale	$489,000+552%$221/sqft
Source: Stellar MLS #A4532709 Report a problem
12/31/1998	Sold	$75,000$34/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,549 +31.7%	$531,300 +29.3%
2024	$6,491 +6.5%	$411,000 +6.7%
2023	$6,094 +78.2%	$385,200 +135.7%
2022	$3,419 +9.5%	$163,406 +10%
2021	$3,122 +8%	$148,551 +10%
2020	$2,890 +15.5%	$135,046 +10%
2019	$2,502	$122,769 -15%
2018	$2,502 +2.5%	$144,500 +42.4%
2017	$2,440 +41.6%	$101,462 +7.7%
2016	$1,724	$94,200 +10.8%
2015	$1,724 -0.3%	$85,000 +22.7%
2014	$1,730 +15.6%	$69,300
2013	$1,496 +9.6%	$69,300 +10%
2012	$1,365 -15.6%	$63,000 -20.5%
2011	$1,617 -38%	$79,200 -41.4%
2010	$2,609 -21.6%	$135,100 -28.7%
2009	$3,329	$189,400 +5%
2008	$3,329 -20.8%	$180,300 -22.9%
2007	$4,203	$234,000 +0.9%
2006	--	$231,800 +65.6%
2005	--	$140,000 +29%
2004	$2,405 -3.7%	$108,500 -1.3%
2003	$2,498 +15.9%	$109,900 +24.5%
2002	$2,156 +12.9%	$88,300 +10.2%
2001	$1,910 +6.4%	$80,100 +8.4%
2000	$1,795	$73,900

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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