1805 IVANHOE STREET SARASOTA FL 34231 MLS #A4611218

1805 IVANHOE STREET
SARASOTA, FL, 34231
$1,250,000
4 Beds
4 Baths
1,441 SqFt
0.17 Acres
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Presenting an exquisite opportunity for discerning investors seeking both a captivating living space and a lucrative income stream, we proudly introduce this impeccably appointed 2-unit duplex nestled within the coveted enclave of South Highland, Sarasota. Graced with the distinguished zoning of RSF3, this investment opportunity epitomizes refined coastal living, poised amidst the serenity of a cul-de-sac street and ensconced within a meticulously landscaped, fully fenced backyard sanctuary.

Emanating an aura of exclusivity, this income producing property is strategically positioned mere steps away from Sarasota’s renowned culinary and recreational treasures, including the esteemed Walt’s Fish Market Restaurant, Trader Joe’s, Demetrio’s Pizza, the famed Field Club and the captivating Sarasota Bayfront. Seamlessly accessible to the idyllic Siesta Key Beach via the nearby North or South bridges, this location marries convenience with coastal charm, promising an unparalleled lifestyle alongside upside potential.

Remarkably accommodating, this duplex presents an enticing investment opportunity, boasting a 30-day rental minimum, with the potential for up to 12 rentals annually, as per County Zoning regulations. Escaping the encumbrance of flood zones, homeowner associations, or community development districts, this residence offers unbridled freedom and flexibility, ensuring an investment unburdened by restrictive covenants or additional fees.

Beyond its enviable location and regulatory advantages, this property exudes an aura of contemporary elegance, underscored by a comprehensive renovation completed with meticulous attention to detail. Adorned with fresh furnishings and contemporary décor, each unit beckons with two bedrooms, two full baths, and a private outdoor retreat enveloped in lush foliage—a veritable oasis for relaxation and rejuvenation.

The culinary enthusiast will delight in each unit’s respective gourmet kitchens, featuring quartz countertops and sleek shaker-style cabinetry, while the spa-inspired bathrooms exude a bit of opulence with marble accents and glass shower doors. Melding form with function, the property boasts updated HVAC systems, wood-look tile flooring, and custom plantation shutters, ensuring both aesthetic allure and practicality.

Stepping outdoors, residents are transported to a realm of coastal bliss, where swaying palm trees, lush landscaping and sandy expanses evoke the ambiance of a perpetual vacation. Whether lounging beneath outdoor fans, the azure skies or indulging in alfresco dining by the fire pits, and tiki torches, every moment is imbued with a sense of tranquility and luxury. Fully fenced in for complete privacy, guests can freely thoroughly enjoy their cedar outdoor rainfall showers too!

Inclusive of all furnishings and accoutrements, this turnkey offering presents an unparalleled opportunity to capitalize on Sarasota’s thriving vacation rental market, with a proven track record of five-star reviews. Seamlessly blending sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—a sanctuary of serenity and a bastion of investment potential.

With no deed restrictions, RVs, boat parking and the like could be welcomed here as well along the 60 foot wide and 125 foot deep lot.

2021 NEW: AC units, appliances, washers, dryers, water heaters. 2009 shingle roof.

Property Details

Price:
$1,250,000
MLS #:
A4611218
Status:
Active
Beds:
4
Baths:
4
Address:
1805 IVANHOE STREET
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
SOUTH HIGHLAND AMD OF
City:
SARASOTA
Listed Date:
May 22, 2024
State:
FL
Finished Sq Ft:
1,441
ZIP:
34231
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1971
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Schools

Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Marble
Heating
Central
Laundry Features
Laundry Room

Exterior

Architectural Style
Florida, Ranch
Construction Materials
Concrete
Exterior Features
French Doors, Outdoor Grill, Outdoor Shower, Private Mailbox
Parking Features
Driveway, Ground Level, On Street, Open
Roof
Shingle

Financial

Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$6,490

Map

Community

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1805 IVANHOE STREET
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