$405,000
About this home
PRICE IMPROVEMENT ALERT! Unlock incredible potential in the heart of Sapphire Shores with this solid concrete block home situated on an expansive 0.26-acre lot. Zoned RMF2 (Multi-Family), this property offers rare versatility for investors or owner-occupants looking to build "sweat equity" in one of Sarasota’s most desirable coastal enclaves. The 3-bedroom layout features easy-care tile flooring throughout, a one-car garage, and a dedicated laundry room. With a proven rental history of $2,100/month, the home serves as a reliable income generator or a functional canvas for a custom renovation. The oversized lot provides ample space for expansion or creating a private outdoor retreat, all within Flood Zone X and free from HOA restrictions. The 868 Heated Sq Ft does not include the one car garage and the additional laundry room attached to it. Roof 2008 and A/C 2015. Live in it. Improve it. Rent it. Or bring your vision. Clean, ready to show and full of possibilities.
Property details
- MLS
- Stellar MLS
- MLS #
- MFRA4702617
- Property type
- Single Family Residence
- Subdivision
- PHILLIPS JOSEPH H
- Status
- Active
- Days on market
- 49
- On market date
- August 14, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.26 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 587
- Student:teacher ratio
- 14.7:1
- District
- SARASOTA
- Enrollment
- 911
- Student:teacher ratio
- 14.2:1
- District
- SARASOTA
- Enrollment
- 1,296
- Student:teacher ratio
- 18.3:1
- District
- SARASOTA
Walkability
Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in SARASOTA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 21 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.