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4975 DAVID Ave, Sarasota, FL 34234

Beds
6
Baths
4
Sqft
2,201

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Listed byRICHARD PETERS REALTY LLC
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Overview

Virtually Staged. ** 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.**

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bedrooms
6
Number of bathrooms
4
Square feet
2,201
Lot size (acres)
0.25
Year built
1992

Interior features

Laundry
Electric Dryer Hookup, Inside, Washer Hookup

Utilities

Heating
Central, Electric
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,730

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Stellar MLS MLS®#: TB8529444 Last checked:

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