11 days on rocket

431 N E Ave, Sarasota, FL, 34237

$950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Baths
2,245 SqFt
$423/SqFt
Multi
Schools Nearby

Location

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431 N E Ave, Sarasota$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1959
HeatingCentral, Electric
CoolingCentral Air
MLS #T3525091
Lot Size0.29 Acres
StatusActive

About 431 N E Ave

Fully stabilized Triplex in downtown Sarasota, only 10 minutes to Lido Key Beach and 15 minutes to Siesta Key Beach. 1 - (3bed/2bath rented $3400), 1 - (2bed/1bath rented $2300), 1 - (Studio 0bed/1bath rented $1400). Building has just received $140,000 of capital improvements including brand new roof, windows, central HVACs, 3 separate water meters, 3 separate electric meters, paved driveways, fencing, tankless water heaters, and fully remodeled interiors with in-unit laundry. Tenants pay all of their own utilities.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 2,245 SqFt

Listing Office:

  • Office Name: MPGFL TAMPA LLC
  • Listing Agent: Frank Brito

Interior Features

Interior Information:

  • Interior: Open Floorplan

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s), Fence, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 431 N E Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Tuttle Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North on 301 from 780. East on 5th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $423/SqFt

Tax Information:

  • Annual Amount: $2,890
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

431 N E Ave vs Sarasota

11 DAYS ON ROCKET

-45 Days

$950,000

+$430.9K More

$423/SqFt

+$116 More

KEY TAKEAWAY

This property is $430.9K more than the Median Sold Price and $116/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3525091

Listing Office:

  • Office Name: MPGFL TAMPA LLC
  • Listing Agent: Frank Brito

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/19/2024, 11:19:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 1998Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,890$178,000
2019$2,502$122,769
2018$2,440$111,608
2017$2,273$130,400

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3985146
3
/10

  • Tuttle Elementary School

  • 2863 8th St

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3985147
3
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 1.98 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3985148
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 1.84 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,124. Residents of Sarasota, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Sarasota County›Sarasota›34237›431 N E Ave

This home is located at 431 N E Ave in Sarasota, FL and zip code 34237 in the Park East neighborhood. This 2,245 square foot home, which was built in 1959, sits on a 0.29 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $950,000.

Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between March 2024 and April 2024 decreased by 1.8%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $519,031.

From Rocket Homes Real Estate and based on county public records data.

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