Real Estate Companies Venice, FL

Exceptional income-producing duplex located within the Sarasota city limits in desirable Flood Zone X, meaning no flood insurance is required. This solid block construction property offers multiple investment opportunities including owner-occupancy, short-term rentals, long-term rentals, student housing, or a hybrid income strategy. Located directly across from the revitalized North Water Tower Park, residents and guests can enjoy paved walking trails, a disc golf course, playground, covered picnic areas, public restrooms, and a water bottle filling station. Each private unit features 2 bedrooms and 1 bathroom with beautifully updated kitchens showcasing shaker cabinetry, quartz countertops, timeless restored terrazzo flooring, open-concept living areas, private laundry rooms, screened lanais, and covered carports with locked storage. Unlike many duplexes, the units do not share a common wall or yard space, offering enhanced privacy and reduced noise between occupants. Major capital improvements have already been completed within the past seven years, including the roof, dual HVAC systems, and water heaters. Additional investor-friendly features include separate utilities and durable block construction. The property’s central location provides quick access to Downtown Sarasota, Bradenton, Lakewood Ranch, SRQ Airport, Ringling College, New College, University of South Florida, and world-famous Gulf beaches, supporting a strong tenant and guest pipeline with future rental growth potential. According to the City of Sarasota permitting website, the occupancy use is listed as R1 Hotels/Motels/Boarding House, creating flexibility for multiple income-producing uses. Unit B has been operating as a short-term rental through Airbnb and VRBO since January 2026 and has already generated approximately $13,926 in rental revenue. Unit A is currently owner-occupied. The current owners originally purchased the property using FHA financing as their primary residence, demonstrating an excellent opportunity for buyers interested in “house hacking” by living in one unit while offsetting expenses with rental income from the other. With three major colleges nearby, the property also presents excellent potential for student housing demand. Whether you are an investor seeking cash flow, a buyer looking to offset monthly expenses through owner-occupancy, or someone searching for a flexible income-producing property in a rapidly growing Sarasota location, this duplex offers outstanding versatility and long-term upside potential.

Property Details

Property Features
MLS ID:	MFRA4694443	Year Built:	1958
Appliances:	Disposal, Dryer, Microwave, Range, Refrigerator, Washer	Construction Materials:	Block, Concrete
Cooling:	Central Air	Country:	US
County Or Parish:	Sarasota	Exterior Features:	Dog Run, Fence, Other, Private Entrance, Private Mailbox, Private Yard
Flooring:	Terrazzo, Tile	Foundation Details:	Slab
Heating:	Electric	Laundry Features:	Common Area, Laundry Closet, Laundry Room, Outside, Same Floor As Condo Unit
Levels:	One	Listing Agreement:	Exclusive Right To Sell
Listing Terms:	Cash, Conventional, FHA, VA Loan	Occupant Type:	Owner
Other Equipment:	Private Entrance, Private Yard	Patio And Porch Features:	Covered, Front Porch, Porch, Rear Porch, Screened
Pets Allowed:	Cats OK, Dogs OK, Yes	Property Condition:	Completed
Property Sub Type:	Duplex	Property Type:	Residential Income
Road Responsibility:	Public Maintained Road	Road Surface Type:	Asphalt
Roof:	Metal, Roof Over	Sewer:	Public Sewer
Showing Requirements:	Call Listing Agent	Special Listing Conditions:	None
Standard Status:	Active	State Or Province:	FL
Utilities:	Cable Connected, Electricity Connected, Fiber Optics	Water Source:	Public
Window Features:	Blinds, Double Pane Windows, Window Treatments

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