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For sale
  • $379,999

    4975 David Ave, Sarasota, FL 34234

    6beds
    2,201sqft
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    Duplex, Multi Family
    Built in 1992
    -- sqft lot
    $368,700 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    Functional floor plansRepaired drainageGenerously sized lotSpacious layout
    Virtually Staged. **<INVESTOR SPECIAL><HIGHEST & BEST BY 08/01/2026> Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities. Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements. The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans. The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area. Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**
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    Zillow last checked:

    Listing updated:

    Listed by:

    Harrison Wilfley 850-296-0904,

    RICHARD PETERS REALTY LLC 786-418-1388

    Source: Stellar MLS,MLS#: TB8529444MLS LogoOriginating MLS: Suncoast Tampa

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Water Heater, Refrigerator
      • Laundry: Electric Dryer Hookup, Inside, Washer Hookup
      Features
      • Ceiling Fan(s), Primary Bedroom Main Floor, Thermostat
      • Flooring: Ceramic Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 2,381
      • Total interior livable area: 2,201 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Off Street
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch, Rear Porch
      • Exterior features: Private Entrance, Rain Gutters
      Lot
      • Size: 10,730 Square Feet
      • Features: City Lot, Level, Near Public Transit
      • Residential vegetation: Trees/Landscaped
      Details
      • Parcel number: 2001090024
      • Zoning: RMF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Florida
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1992

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: ARMSTRONG ACRES
      HOA
      • Has HOA: No
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $364,800
      • Annual tax amount: $5,730
      • Date on market: 7/17/2026
      • Cumulative days on market: 2 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $368,700

        $350,000 - $387,000

        $1,445/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$379,999+130.3%$173/sqft
        Source: Stellar MLS #TB8529444 Report a problem
        4/27/2016Sold$165,000-2.4%$75/sqft
        Source: Stellar MLS #A4146904 Report a problem
        3/10/2016Pending sale$169,000$77/sqft
        Source: MEDWAY REALTY #A4146904 Report a problem
        2/24/2016Listed for sale$169,000$77/sqft
        Source: MEDWAY REALTY #A4146904 Report a problem
        1/3/2016Listing removed$169,000$77/sqft
        Source: MEDWAY REALTY #A4133020 Report a problem
        10/3/2015Listed for sale$169,000+30.1%$77/sqft
        Source: MEDWAY REALTY #A4133020 Report a problem
        8/20/2012Listing removed$129,900$59/sqft
        Source: Coldwell Banker Residential Real Estate - St Armands #A3949242 Report a problem
        9/27/2011Listed for sale$129,900+12.5%$59/sqft
        Source: Coldwell Banker Residential Real Estate - St Armands #A3949242 Report a problem
        8/24/1999Sold$115,500$52/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,730 +4.7%$353,345 +10%
        2024$5,475 +8.4%$321,223 +10%
        2023$5,049 +6.5%$292,021 +10%
        2022$4,742 +17.6%$265,474 +10%
        2021$4,034 +7.7%$241,340 +10%
        2020$3,744 +0.5%$219,400 +0.3%
        2019$3,724 $218,800 +7.7%
        2018$3,724 +6.9%$203,200 +0.4%
        2017$3,485 +47.1%$202,400 +14.3%
        2016$2,369 $177,100 +34.2%
        2015$2,369 $132,000 +30.7%
        2014$2,369 +20%$101,000
        2013$1,973 -1.5%$101,000 -3.8%
        2012$2,003 -2.7%$105,000 -4.4%
        2011$2,058 -22.9%$109,800 -24.1%
        2010$2,667 -10.2%$144,600 -20.4%
        2009$2,971 $181,600 +5.4%
        2008$2,971 -24.3%$172,300 -25.4%
        2007$3,923 $231,000 +10.4%
        2006-- $209,200 +23.6%
        2005-- $169,300 +23.1%
        2004$2,693 +5.6%$137,500 +9.9%
        2003$2,551 +2.1%$125,100 +4.9%
        2002$2,498 +14.3%$119,200 +9.4%
        2001$2,185 +5.8%$109,000 +6.5%
        2000$2,065 $102,300
        Find assessor info on the county website

        Monthly payment

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        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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        Climate risks

        Neighborhood: Bayou Oaks

        Getting around

        25 / 100
        Car-Dependent
        34 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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