1655 24Th St, Sarasota, FL

House

For Sale

Listed price in listed location currency (USD).

$235,000

320

MLS® A4706879

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 975 sqft

Garage

Taxes $2,760

Days Active 1

Lot Size 0.13 Acres

Approx. Age 2005

Avg. Price Per Sqft $241

MLS® Number A4706879

Property Address: 1655 24th St, SARASOTA, FL, 34234-8619

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

Description

Investment Opportunity income-producing investment in a community on the rise This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise. The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing. It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66, 900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9, 600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization.

MLS® NumberA4706879

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2005

Basement

DrivewayOff Street

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Rooms

Change to metres

Living Room:First Floor12 × 12 ft

Bedroom 2:First FloorNot available

Other:First Floor12 × 14 ft

Bedroom 3:First FloorNot available

Kitchen:First Floor10 × 12 ft

Bathroom 2:First FloorNot available

Other:First Floor8 × 10 ft

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $235,000 and $926,000.

Similar properties in this area sold on average for: $695,500

Expected to sell in 109 days. Similar properties sold in 110 days. This home has been on Zoocasa for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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