New Listing - 07/05/2024

$1,190,000 ($825.82 per sqft)

Est. Mortgage $6,254/mo *

Quick Pre-Approval

1805 Ivanhoe STREET, Sarasota, FL, 34231

1805 Ivanhoe STREET, Sarasota, FL, 34231

4 beds

1971

1,441 sqft

Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income, we proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary. Radiating exclusivity, this income-producing gem is strategically positioned just steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club, and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment. This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations, or community development districts, this property offers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees. Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation. Each unit features two bedrooms, two full baths, and a private outdoor retreat on each side surrounded by lush foliage—a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring, and custom plantation shutters blend style with functionality. Outside, residents, guests and renters enjoy a coastal paradise with swaying palm trees, sandy expanses, and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews. Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking, and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers, and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Turnkey

Laundry Remarks:

Laundry Room

Units:

2

Subdivision:

SOUTH HIGHLAND AMD OF

Garage:

Driveway, Ground Level, On Street, Open

Heating:

Central

Cooling:

Central Air

Lot Size:

59 x 125

Acreage:

0.17

Est. Taxes:

$6,490

Construction

Concrete

Utilities

Electricity Connected, Public, Sewer Connected, Water Connected

Lot Description:

In County, Near Golf Course, Near Marina, Near Public Transit, Private, Street Dead-End

View Description:

Trees/Woods

Elementary School:

Phillippi Shores Elementary

Middle School:

Brookside Middle

High School:

Riverview High

Days on Market:

2

Pet Policy:

Yes

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer

Min Lease Term:

1 Month

MLS #:

A4616198


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COLDWELL BANKER REALTY Phone: 941-383-6411