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Sold for $390,000
  • $390,000

    722 N EAST AVENUE, SARASOTA, FL 34237

    1beds
    624sqft
    Single Family Residence
    Built in 1954
    5,930 Square Feet Lot
    $326,400 Zestimate®
    $625/sqft
    $1,556 Estimated rent

    Home value

    $326,400

    $304,000 - $353,000

    $1,556/mo

    Zestimate® history
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    $2,532/mo

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    What's special

    Secure this rare opportunity to own a turn-key remodeled bungalow in a zone where short-term rentals are permitted, centrally located 5 minutes walking-distance to downtown Sarasota (0.3 miles), situated on a large gated & landscaped DTN zoned lot with potential to build another unit, and tons of room to park recreational vehicles, boats or jet-skis. Located only 5 minutes walking distance to the “One Main Plaza” development, currently underway, which will feature a Sprouts Farmer’s Market… and the “Park District” development, in planning, which will feature 8,000 square feet of retail. Home comes equipped with washer / dryer in an enclosed extension on the rear of the property. Rent as a vacation rental, build another unit in the front yard, or enjoy the home as your private, tropical oasis. The home faces the beautiful Shenandoah park with mature oaks and playground. Payne Park is a 9 minute walk down the street (0.5 miles), where you can enjoy a local cafe and live music, or instead hop on the Legacy Trail and bike, jog or run all the way to Venice on a paved path! This park supports all your outdoor activities: basketball, tennis, disc golf, skate park, a pond, and more. The Bayfront Park overlooking the Sarasota Bay is a 9 minute bike ride away (1.5 miles), where you can enjoy drinks and live music under a tiki hut overlooking the water! Ready to bask on the beach? Lido Key Beach is a short 10 minute drive away! Or head to the Ringling Bridge Causeway Park for a picnic or fishing outing, a short 8 minute drive from the property! BONUS: This property is in an up-and-coming area, busy with redevelopment and improvements. This is your chance to own an updated piece of paradise in the heart of Sarasota before the new developments are completed, with endless possibilities for expansion.

    Zillow last checked:

    Listing updated:

    Listed by:

    Raquel Pea 916-858-9128,

    FLORIDA REALTY INVESTMENTS 407-207-2220

    Bought with:

    Raquel Pea

    FLORIDA REALTY INVESTMENTS

    Source: Stellar MLS,MLS#: A4576430MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Storage Rooms
    Primary bedroom
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    Bathroom 1
    • Features: Tub With Shower
    • Level: First
    Dining room
    • Features: Ceiling Fan(s)
    • Level: First
    Great room
    • Features: Ceiling Fan(s)
    • Level: First
    Kitchen
    • Features: Ceiling Fan(s)
    • Level: First
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Open Floorplan, Thermostat
    • Flooring: Hardwood
    • Windows: Blinds, Window Treatments
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 624
    • Total interior livable area: 624 sqft

    Property

    Parking
    • Parking features: Driveway, Off Street, Oversized
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Exterior features: Awning(s), Garden, Storage
    • Fencing: Fenced,Wood
    • Has view: Yes
    • View description: Park/Greenbelt
    Lot
    • Size: 5,930 Square Feet
    • Features: City Lot, Landscaped, Level, Oversized Lot
    • Residential vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
    Details
    • Additional structures: Cabana
    • Parcel number: 2028050012
    • Zoning: DTN
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Block, Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: FA WALPOLE
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $625/sqft
    • Tax assessed value: $232,100
    • Annual tax amount: $3,128
    • Date on market: 7/14/2023
    • Cumulative days on market: 40 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/8/2023Sold$390,000-2.3%$625/sqft
    Source: Stellar MLS #A4576430 Report a problem
    9/5/2023Pending sale$399,000$639/sqft
    Source: Stellar MLS #A4576430 Report a problem
    8/15/2023Price change$399,000-4.8%$639/sqft
    Source: Stellar MLS #A4576430 Report a problem
    8/3/2023Price change$419,000-4.8%$671/sqft
    Source: Stellar MLS #A4576430 Report a problem
    7/14/2023Listed for sale$440,000+41.9%$705/sqft
    Source: Stellar MLS #A4576430 Report a problem
    1/31/2022Sold$310,000-8.6%$497/sqft
    Source: Public Record Report a problem
    12/10/2021Pending sale$339,000$543/sqft
    Source: Stellar MLS #A4516808 Report a problem
    11/30/2021Price change$339,000-2.9%$543/sqft
    Source: Stellar MLS #A4516808 Report a problem
    11/16/2021Price change$349,000-6.9%$559/sqft
    Source: Stellar MLS #A4516808 Report a problem
    11/9/2021Price change$375,000-3.6%$601/sqft
    Source: Stellar MLS #A4516808 Report a problem
    11/4/2021Listed for sale$389,000+110.3%$623/sqft
    Source: Stellar MLS #A4516808 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/27/2021Sold$185,000+208.8%$296/sqft
    Source: Public Record Report a problem
    12/11/2019Listing removed$1,275$2/sqft
    Source: Owner Report a problem
    12/2/2019Listed for rent$1,275$2/sqft
    Source: Owner Report a problem
    7/16/2014Sold$59,900$96/sqft
    Source: Public Record Report a problem
    5/30/2014Listed for sale$59,900+19.8%$96/sqft
    Source: Coldwell Banker Residential Real Estate - Sarasota Downtown #A3998886 Report a problem
    3/26/2014Sold$50,000-70.6%$80/sqft
    Source: Public Record Report a problem
    3/25/2005Sold$170,000+91%$272/sqft
    Source: Public Record Report a problem
    1/6/2005Sold$89,000+123.1%$143/sqft
    Source: Public Record Report a problem
    1/15/1997Sold$39,900$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,629 -12.9%$232,100 -15.3%
    2024$4,165 +16%$273,900 +17%
    2023$3,592 +14.8%$234,200 +16.2%
    2022$3,128 +63.7%$201,500 +96.4%
    2021$1,911 +11.4%$102,620 +10%
    2020$1,716 +13.8%$93,291 +10%
    2019$1,508 $84,810 +10%
    2018$1,508 +9.1%$77,100 +10.3%
    2017$1,381 +202%$69,900 +32.9%
    2016$457 $52,600 +21.2%
    2015$457 $43,400 +29.9%
    2014$457 -36.5%$33,400
    2013$721 -5.2%$33,400 -8.5%
    2012$760 -1.7%$36,500 -3.4%
    2011$773 -30.6%$37,800 -34.4%
    2010$1,114 -9.1%$57,600 -23.8%
    2009$1,225 $75,570 +10%
    2008$1,225 -26.5%$68,700 -28.5%
    2007$1,668 $96,100 -7.5%
    2006-- $103,900 +56.5%
    2005-- $66,400 +60%
    2004$874 +6.2%$41,500 +11.3%
    2003$822 +23.9%$37,300 +36.6%
    2002$664 +10.8%$27,300 +7.9%
    2001$599 +6.6%$25,300 +8.1%
    2000$562 $23,400
    Find assessor info on the county website

    Neighborhood: Park East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Tuttle Elementary
    • Middle: Booker Middle
    • High: Booker High

    Source: Stellar 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
    $326,400
    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
    $326,400