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Description
One or more photo(s) has been virtually staged. Fully remodeled Sarasota duplex in highly desirable Phillippi Gardens with no HOA and no CDD fees, offering exceptional income potential just minutes from world-famous Siesta Key Beach, consistently ranked among America's top beaches. This turn-key multifamily investment property features two spacious 2-bedroom, 1.5-bath units, each with an attached 1-car garage, private patio, screened lanai, and fenced backyard, providing ideal privacy for tenants, short-term rental guests, or multi-generational living. Both units have been thoughtfully upgraded with brand-new luxury flooring, beautifully renovated kitchens with modern cabinetry and countertops, updated bathrooms, new stainless steel appliances including washers and dryers, all-new hurricane-impact windows and garage doors, plus updated plumbing and electrical systems for added peace of mind. The property experienced no interior flooding during the 2024 storms, a rare advantage in this market. Perfect for investors seeking strong long-term rental income, Airbnb or VRBO opportunities (buyer to verify local regulations), or a house-hacking strategy by living in one unit and renting the other, this Sarasota income property offers outstanding flexibility in one of the Gulf Coast's most desirable locations. Ideally situated approximately 10 minutes from Siesta Key Beach, 12 minutes to Siesta Key Village, under 20 minutes to University Town Center, and conveniently close to US-41, downtown Sarasota, waterfront dining, marinas, nightlife, and premier shopping, this fully upgraded duplex presents a rare opportunity to own a high-demand Sarasota investment property in a market known for rental strength and long-term appreciation.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,847
Year Built: 1970
General Information
Bedrooms: 4
Sqft: 1,628
County: Sarasota
High School: Riverview High
Subdivision: PHILLIPE GARDENS
Listed By:
Mark Middleton
COMPASS FLORIDA, LLC
305-851-2820
MLS ID: TB8453606
Amenities
Ceiling Fans(s)
Eat-in Kitchen
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Window Treatments
Fence
Private Mailbox
Private Yard
Property Features
Annual Net Income: 48000.00
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Days on Site: 87
Directions: From US-41, turn onto Constitution Blvd, then continue onto America Dr. Turn left onto Montclair Dr, then right onto Montclair Pl. Make a left onto Michele Dr â?? the duplex is located on the right-hand corner.
Exterior: Block
Flood Zone Code: X500
Flooring: Luxury Vinyl
Foundation: Slab
Garage Dimensions: 12x27
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot, Paved
Lot Dimensions: 0.25
Other Equipment: Private Yard
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, On Street
Parking Notes: Driveway, Garage Door Opener, On Street
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMF1
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2233 Michele Drive, Sarasota, FL 34231.
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Estimated Payment
$ 3,428.89 per month $2,630.81 Principal & Interest $570.58 Property Tax $227.50 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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