Discover an exceptional investment opportunity in one of Sarasota’s fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown district, surrounded by new developments, dining, entertainment, and the cultural energy that defines the city’s core. Its prime location offers outstanding potential for both long-term and short-term rental strategies.
Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota’s world-class beaches only 15 minutes away.
With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you’re expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today’s market.
Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota’s world-class beaches only 15 minutes away.
With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you’re expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today’s market.
Property Details
Price:
$1,200,000
MLS #:
A11991929
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
POS SUB OF LOT 11 B
Neighborhood:
possuboflot11b
Listed Date:
Mar 31, 2026
Finished Sq Ft:
2,210
Total Sq Ft:
2,312
Year Built:
1959
See this Listing
Schools
Interior
Appliances
Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Tile
Heating
Central, Electric
Interior Features
First Floor Entry, Closet Cabinetry, Studio Apartment
Laundry Features
Washer/Dryer Hook-Up
Exterior
Architectural Style
Attached, One Story
Community Features
None
Construction Materials
Concrete Block Construction, Composition Shingle
Direction Faces
North
Exterior Features
Lighting, Room For Pool
Fencing
Fenced
Green Energy Efficient
Appliances, HVAC
Lot Features
1/4 To Less Than 1/2 Acre Lot
Open Parking YN
1
Other Structures
Shed(s)
Parking Features
Driveway, Guest, Rv/Boat Parking
Patio And Porch Features
Open Porch
Roof
Shingle
Security Features
Smoke Detector
View
None
Window Features
Clear Impact Glass
Financial
Tax Year
2025
Taxes
$8,207
Map
Community
- Address431 N East Ave Sarasota FL
- SubdivisionPOS SUB OF LOT 11 B
- CitySarasota
- CountySarasota County
- Zip Code34237
Subdivisions in Sarasota
Market Summary
Current real estate data for Single Family in Sarasota as of Apr 29, 2026
10
Single Family Listed
109
Avg DOM
327
Avg $ / SqFt
$547,780
Avg List Price
Property Summary
- Located in the POS SUB OF LOT 11 B subdivision, 431 N East Ave Sarasota FL is a Single Family for sale in Sarasota, FL, 34237. It is listed for $1,200,000 and features 5 beds, 4 baths, and has approximately 2,210 square feet of living space, and was originally constructed in 1959. The current price per square foot is $543. The average price per square foot for Single Family listings in Sarasota is $327. The average listing price for Single Family in Sarasota is $547,780. To schedule a showing of MLS#a11991929 at 431 N East Ave in Sarasota, FL, contact your CENTURY 21 Carioti agent at 2392986550.
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