1655 24Th Street, Sarasota, FL 34234
Active Under Contract $235,000
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Listing Agent: Maggie March, PA
Agent Phone:
941-303-0187
Agent Email:
4askmaggierose@gmail.com
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Under contract-accepting backup offers. Investment Opportunity income-producing investment in a community on the rise This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise. The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing. It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66,900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9,600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization.
Ceiling Fans(s)
Taxes: $2,760.00
Tax Year: 2025
Lighting
Electric Water Heater
Microwave
Building Description: Other
MLS Area: 34234 - Sarasota
Total Square Footage: 975
Price per Square Feet: $241.03
Total Floors: 1
Water: Public
Construction: Block, Stucco
Date Listed: 2026-09-23 00:00:00
Furnished: Unfurnished
Parking: Off Street
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Laundry Closet
Sewer: Public Sewer
Lot Desc.: Level, Sidewalk, Paved
Parcel ID: 2024020066
Listing Courtesy Of: Fine Properties
4askmaggierose@gmail.com
Under contract-accepting backup offers. Investment Opportunity income-producing investment in a community on the rise This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise. The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing. It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66,900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9,600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization.
Property Details
Price: $235,000
Sq Ft: 975
($241 per
sqft)
Bedrooms: 3
Bathrooms: 2
City: Sarasota
County: Sarasota
Type: Single Family
Development: Not Assigned
Subdivision: Newtown
Acres: 0.1300
Virtual Tour/Floorplan: View
Year Built: 2005
Listing Number: A4706879
Status Code: Active Under Contract
Taxes: $2,760.00
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Interior Features:
Ceiling Fans(s)
Financial Information:
Taxes: $2,760.00
Tax Year: 2025
Exterior Features:
Lighting
Equipment:
Electric Water Heater
Microwave
Additional Information:
Building Description: Other
MLS Area: 34234 - Sarasota
Total Square Footage: 975
Price per Square Feet: $241.03
Total Floors: 1
Water: Public
Construction: Block, Stucco
Date Listed: 2026-09-23 00:00:00
Furnished: Unfurnished
Parking: Off Street
Flooring: Laminate, Tile
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Laundry Closet
Sewer: Public Sewer
Lot Desc.: Level, Sidewalk, Paved
Parcel ID: 2024020066
Map of 1655 24Th Street, Sarasota, FL 34234
Listing Courtesy Of: Fine Properties
4askmaggierose@gmail.com