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Sold for $2,300,000
  • $2,300,000

    5408 PLAZA DES LAS PALMAS, SARASOTA, FL 34242

    5beds
    5baths
    2,689sqft
    Triplex, Multi Family
    Built in 1953
    -- sqft lot
    $2,224,400 Zestimate®
    $855/sqft
    $17,922 Estimated rent

    Home value

    $2,224,400

    $1.91M - $2.58M

    $17,922/mo

    Zestimate® history
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    $17,922/mo

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    $14,761/mo

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    What's special

    Create income in this three-unit property. Turnkey and ready to rent daily or weekly. Completely remodeled-2 swimming pools.

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Addeo 561-251-3408,

    COMMUNITY REALTY ASSOCIATES 561-852-1341

    Bought with:

    Joe Kesslak, 3360026

    RE/MAX ALLIANCE GROUP

    Source: Stellar MLS,MLS#: T3499028MLS LogoOriginating MLS: Pinellas Suncoast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Rooms
    • Room types: Attic, Florida Room
    Heating
    • Electric
    Cooling
    • Central Air, Ductless, Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Eating Space In Kitchen, High Ceilings, Primary Bedroom Main Floor
    • Flooring: Porcelain Tile, Hardwood
    • Doors: French Doors, Outdoor Grill, Outdoor Shower
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    • Furnished: Yes
    Interior area
    • Total structure area: 3,420
    • Total interior livable area: 2,689 sqft

    Property

    Features
    • Exterior features: Lighting, Outdoor Grill, Outdoor Shower, Storage
    • Has private pool: Yes
    • Pool features: Child Safety Fence, Deck, Gunite, Heated, In Ground, Lighting, Salt Water
    • Fencing: Fenced
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 0082120012
    • Zoning: RMF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Slab
    • Roof: Metal,Shingle
    Condition
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Fiber Optics, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SARASOTA BEACH
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $855/sqft
    • Tax assessed value: $1,567,900
    • Annual tax amount: $29,892
    • Date on market: 1/22/2024
    • Cumulative days on market: 163 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/2/2025Sold$2,300,000+48.4%$855/sqft
    Source: Public Record Report a problem
    11/18/2024Sold$1,550,000-55.7%$576/sqft
    Source: Stellar MLS #T3499028 Report a problem
    10/25/2024Pending sale$3,499,000$1,301/sqft
    Source: Stellar MLS #T3499028 Report a problem
    7/4/2024Listing removed--
    Source: Stellar MLS #T3499028 Report a problem
    3/25/2024Price change$3,499,000-9.1%$1,301/sqft
    Source: Stellar MLS #T3499028 Report a problem
    1/22/2024Listed for sale$3,850,000-14.4%$1,432/sqft
    Source: Stellar MLS #T3499028 Report a problem
    11/21/2023Listing removed--
    Source: Stellar MLS #T3394585 Report a problem
    1/7/2023Listed for sale$4,500,000$1,673/sqft
    Source: Stellar MLS #T3394585 Report a problem
    12/8/2022Pending sale$4,500,000$1,673/sqft
    Source: Stellar MLS #T3394585 Report a problem
    11/4/2022Listed for sale$4,500,000$1,673/sqft
    Source: Stellar MLS #T3394585 Report a problem
    9/4/2022Pending sale$4,500,000$1,673/sqft
    Source: Stellar MLS #T3394585 Report a problem
    8/8/2022Listed for sale$4,500,000+350%$1,673/sqft
    Source: Stellar MLS #T3394585 Report a problem
    7/17/2013Sold$1,000,000+100%$372/sqft
    Source: Public Record Report a problem
    2/25/2011Sold$500,000-56.5%$186/sqft
    Source: Public Record Report a problem
    6/10/2005Sold$1,150,000+130%$428/sqft
    Source: Public Record Report a problem
    6/28/2004Sold$500,000-44.4%$186/sqft
    Source: Public Record Report a problem
    9/4/2002Sold$900,000+581.8%$335/sqft
    Source: Public Record Report a problem
    11/24/1997Sold$132,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,399 -37.6%$1,567,900 -36%
    2024$31,071 +3.9%$2,447,951 +10%
    2023$29,893 +13.6%$2,225,410 +3.4%
    2022$26,318 +131.9%$2,152,100 +156.9%
    2021$11,351 +1.8%$837,609 +4.9%
    2020$11,146 +1.5%$798,278 +5.3%
    2019$10,978 $757,928 -17.3%
    2018$10,978 +2.2%$916,954 +33.2%
    2017$10,737 -1.5%$688,400 -14.7%
    2016$10,899 $807,100 -1.2%
    2015$10,899 $817,300 +22.1%
    2014$10,899 +9.1%$669,570 -1.4%
    2013$9,987 +11%$679,000 +11.5%
    2012$9,000 +2.9%$608,700 +1.4%
    2011$8,744 -5.9%$600,100 -3.6%
    2010$9,296 +11.6%$622,200 -5%
    2009$8,326 $654,720 +10%
    2008$8,326 -26.7%$595,200 -28.4%
    2007$11,357 +80%$831,300 +115.6%
    2001$6,310 +10.9%$385,512 +14.5%
    2000$5,691 $336,724
    Find assessor info on the county website

    Neighborhood: 34242

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,224,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,224,400