4975 David Ave, Sarasota, Florida
List Price: $359,999
MLS Number: TB8529444

  • Status: Active
  • DOM: 24 days
  • Square Feet: 2201
  • Bedrooms: 6
  • Baths: 4
  • City: SARASOTA
  • Zip Code: 34234
  • Year Built: 1992
Virtually Staged. ** Seller reserves the right to accept highest and best prior to the deadline.**This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few blocks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth.Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value. Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities.Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements.The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans.The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation. Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area.Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota.**Seller is requesting highest and best by 08/15/2026. Serious buyers should act quickly.**

Misc Info

Subdivision: Armstrong Acres

Annual Taxes: $5,730

Lot Size: 1/4 to less than 1/2

  • Listing Image #2
  • Listing Image #3
  • Listing Image #4
  • Listing Image #5
  • Listing Image #6
  • Listing Image #7
  • Listing Image #8
  • Listing Image #9
  • Listing Image #10
  • Listing Image #11
  • Listing Image #12

Request the MLS data sheet for this property


    Home Features

    Appliances: Electric Water Heater, Refrigerator

    Flooring: Ceramic Tile

    Air Conditioning: Central Air

    Exterior: Private Entrance, Rain Gutters, Sliding Doors

    Garage Features: Driveway, Off Street

    Room Dimensions

    • Map
    • Walk Score
    • Street View