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Listed price in listed location currency (USD).
$379,999

640

MLS® TB8529444

Overview

Key Facts

Type 
Levels Residential
Size 2201 sqft
Garage 
Taxes $5,730
Days Active 0
Lot Size 0.25 Acres
Approx. Age 1992
Avg. Price Per Sqft $172
MLS® Number TB8529444

Property Address: 4975 David Ave, Sarasota, FL, 34234-3924

Average square foot calculated using Size range provided by listing agent.

Description

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.**
MLS® NumberTB8529444
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1992
Basement
DrivewayDriveway, Off Street
Garage Spaces
HeatCentral, Electric
A/CCentral Air

Extras

Rooms

Living Room:First FloorNot available
Other:First FloorNot available
Kitchen:First FloorNot available

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