New Listing - 11/03/2024

$999,900 ($426.03 per sqft)

Est. Mortgage $5,122/mo *

Quick Pre-Approval

322 Suwanee AVENUE, Sarasota, FL, 34243

322 Suwanee AVENUE, Sarasota, FL, 34243

4 rooms

4 beds

2 Full / 1 Half baths

1963

2,347 sqft

Welcome to an exceptional residence in the highly sought-after Ballentine Manor Estates, where pride of ownership shines through in every detail. Nestled on an expansive half-acre lot "West of the Trail," this stunning 4-bedroom, 2.5-bath home offers a seamless blend of sophistication and comfort with a backyard that rivals a private resort. Completely remodeled with high-end finishes and designer touches, this home features Terrazzo, hardwood, and marble flooring throughout. The gourmet kitchen, thoughtfully open to the main living space, is a chef's dream—complete with stainless steel appliances, an induction cooktop, granite countertops, a large center island, a wet bar with a mini fridge, and ample cabinet storage. The primary suite boasts a custom walk-in closet and an exquisite en-suite bathroom with marble floors, dual vanities, a soaking tub, and a walk-in shower. The versatile fourth bedroom can serve as a cozy family room or office, enhanced by a fireplace and large windows that overlook the expansive, fully fenced backyard. Step outside to your own private paradise, featuring a heated pool, a firepit, an elevated sundeck with custom lighting, and ample space for lounging, entertaining, and relaxation. Located just three homes away from Sarasota Bay but not in a flood zone, you’re only a short stroll away from breathtaking waterfront views and unforgettable sunsets. Recent upgrades include a new roof (April 2023), water heater (2023), pool pump (2023), HVAC (2021), UV light (2024), dishwasher (2021), Speed Queen washer and dryer (2024), refrigerator (2024), decorative lighting, and a ~520 sq. ft. garage transformed into a game room with a mini-split AC. This property is not only a fantastic family home but also offers incredible income potential as it currently operates as a top performing Airbnb. Gross revenue for 2022 was $202K, $183K for 2023 and $72K for January to mid-May 2024. With its expansive backyard, there’s incredible potential to further boost revenue by adding popular amenities like pickleball, mini-golf, or volleyball - creating endless opportunities for growth. Located only minutes from SRQ Airport and top-notch shopping and dining, this home is an extraordinary opportunity that you don’t want to miss! Furniture is negotiable. A recently completed cost segregation study is included. Insurance is $4,997.46 annually.


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Negotiable

Laundry Remarks:

Inside, Laundry Room

Subdivision:

BALLENTINE MANOR ESTATES

Garage:

2-car

Heating:

Electric

Cooling:

Central Air

Acreage:

0.55

Est. Taxes:

$9,390

Construction

Block, Concrete

Utilities

BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected

Days on Market:

1

Appliances:

Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer

Pool:

Gunite, Heated, In Ground

Min Lease Term:

No Minimum

MLS #:

A4627779


Community Info

School Info

Walk Score

Yelp



Listing courtesy of EXP Realty LLC Phone: 888-883-8509