MBA Realty Group, Inc.
Veterans United Homefront
25 Photos

1903 N Allendale AVENUE, Sarasota, FL 34234

$530,000 Asking Price

5 beds
3 baths
1,900  sqft
Built in 1956

Discover a fantastic investment opportunity with this beautifully renovated property, perfectly located on an 11,000 sq ft lot. This unique setup includes two separate, income-generating residences: a spacious main house with three bedrooms and two bathrooms, and a cozy detached apartment with two bedrooms and one bathroom. Both properties were fully updated in 2024, including new electrical, plumbing, AC, roof, kitchens, bathrooms, and impact windows and doors, making this truly turnkey—move-in or rent-ready from day one. With current appraisals placing its value at $625,000, this property comes with approximately $100,000 in equity, offering an excellent return for the next owner. Rental potential is high, with similar properties in the area fetching around $4,500 monthly for both units combined. For even more earning potential, consider turning it into a short-term rental or Airbnb. The location adds significant appeal: two blocks from the Baltimore Orioles Stadium, five minutes from downtown Sarasota, and within easy reach of top beaches—Lido Key is 10 minutes away, while Siesta Key, one of the nation’s best, is just a 20-minute drive. Plus, Sarasota-Bradenton Airport and the UTC Shopping Mall are both under 10 minutes away, making this an ideal spot for residents or vacationers. Whether you want to live in one unit and rent the other, or lease both, this property is ready to be a valuable addition to your investment portfolio.

Listing Status:
Active
Date Added:
November 13, 2024 — 45 days ago
Listing Office:
SELLING USA, LLC, Lierly Roque Reyes (786-760-0089)
Office Phone:
813-723-0086
MLS ID:
TB8320670

Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Laundry:
Laundry Room
Flooring:
Luxury Vinyl
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Fireplace

Exterior

General:
Other

Construction

Roofing:
Shingle
General:
Block, Stucco, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Sarasota

Lot

Zoning:
RSF3, LOT 20 LEISURE LAKES UNIT 1, 0042130052

Utilities

Utilities:
Cable Available, Electricity Connected, Public
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Stellar MLS

This listing courtesy of:
SELLING USA, LLC, Lierly Roque Reyes

About Sarasota, FL

Housing

Number of Units
152,825
Median Home Value
$341,369
Median Rent
$1,292

27.49% of housing units are renter occupied.

18.88% are vacant.

Commute

Car
66.43%
Public Transportation
0.60%
Walk to Work
0.72%
Work from Home
31.09%
Other
0.55%

The median travel time to work is 16 minutes.

People

Population
264,751
Median Age
51.20
Median Household Size
2.39

Education

High School
26.25%
Associate’s Degree
8.64%
Bachelor’s Degree
22.70%
Graduate Degree
17.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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Veterans United Homefront

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: December 28, 2024 10:08 am.

Copyright © 2024 MBA Realty Group, Inc. and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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