322 Suwanee AVENUE, Sarasota, FL 34243

$999,900 Asking Price

4 beds
3 baths
2,347  sqft
Built in 1963

Welcome to an exceptional residence in the highly sought-after Ballentine Manor Estates, where pride of ownership shines through in every detail. Nestled on an expansive half-acre lot "West of the Trail," this stunning 4-bedroom, 2.5-bath home offers a seamless blend of sophistication and comfort with a backyard that rivals a private resort. Completely remodeled with high-end finishes and designer touches, this home features Terrazzo, hardwood, and marble flooring throughout. The gourmet kitchen, thoughtfully open to the main living space, is a chef's dream—complete with stainless steel appliances, an induction cooktop, granite countertops, a large center island, a wet bar with a mini fridge, and ample cabinet storage. The primary suite boasts a custom walk-in closet and an exquisite en-suite bathroom with marble floors, dual vanities, a soaking tub, and a walk-in shower. The versatile fourth bedroom can serve as a cozy family room or office, enhanced by a fireplace and large windows that overlook the expansive, fully fenced backyard. Step outside to your own private paradise, featuring a heated pool, a firepit, an elevated sundeck with custom lighting, and ample space for lounging, entertaining, and relaxation. Located just three homes away from Sarasota Bay but not in a flood zone, you’re only a short stroll away from breathtaking waterfront views and unforgettable sunsets. Recent upgrades include a new roof (April 2023), water heater (2023), pool pump (2023), HVAC (2021), UV light (2024), dishwasher (2021), Speed Queen washer and dryer (2024), refrigerator (2024), decorative lighting, and a ~520 sq. ft. garage transformed into a game room with a mini-split AC. This property is not only a fantastic family home but also offers incredible income potential as it currently operates as a top performing Airbnb. Gross revenue for 2022 was $202K, $183K for 2023 and $72K for January to mid-May 2024. With its expansive backyard, there’s incredible potential to further boost revenue by adding popular amenities like pickleball, mini-golf, or volleyball - creating endless opportunities for growth. Located only minutes from SRQ Airport and top-notch shopping and dining, this home is an extraordinary opportunity that you don’t want to miss! Furniture is negotiable. A recently completed cost segregation study is included. Insurance is $4,997.46 annually.

Features & Amenities

Interior

General:
Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
Appliances:
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
Laundry:
Inside, Laundry Room
Flooring:
Marble, Terrazzo, Hardwood
A/C:
true, Central Air
Heating:
true, Electric
Fireplace:
Fireplace

Exterior

General:
Lighting, Sidewalk, Sliding Doors, Storage
Pool:
Gunite, Heated, In Ground

Construction

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

Location

Road/Access:
Paved
Originating MLS:
Stellar MLS
County:
Manatee

Lot

Zoning:
RSF3/WR/, LOT 28, E 25 FT LOT 30 BLK H BALLENTINE MANOR ESTATES, SUBJ TO PERPETUAL AVIGATION EASEMENT DESC IN OR 1960/2723 PI#68049.0000/6, 6804900006

Utilities

Utilities:
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
EXP REALTY LLC, John McNaught

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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