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1903 N Allendale Avenue

SARASOTA, FL 34234

5 beds
3 baths
1,900 sqft
11,011 sqft lot
$289 per sqft
1956 build
– on site

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 courtesy of STELLAR_MLS / SELLING USA, LLC

Last checked: Checking… • Last updated Nov 14, 2024 •

MLS# TB8320670 —

The Building

Year Built:

1956
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

1900
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Luxury Vinyl
Fireplace:

true

Room Dimensions

Living Area:

1900
Living Area Units:

Square Feet
Living Area Source:

Owner

Location

Directions:

From Torel ave going down make a left on 17th Street, make left on allendale , the property in on the left.
Latitude:

27.353893
Longitude:

-82.513246
Coordinates:

-82.513246, 27.353893

The Property

Parcel Number:

0042130052
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.25
Lot Size Area:

11011
Lot Size SqFt:

11011
Lot Size Dimensions:

77 x 143
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF3
Direction Faces:

North
View:

false
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

20
Tax Legal Description:

LOT 20 LEISURE LAKES UNIT 1
Tax Book Number:

2621-2024
Tax Annual Amount:

2817.34

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8320670
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

The Community

Subdivision Name:

LEISURE LAKES
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$550,000

Expense	Monthly cost
Mortgage	$2,945
Taxes	$234
Insurance	$151
Utilities	$173 See report
Total	$3,503/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
11/13/24 Nov 13, 2024	Listed / Active	STELLAR_MLS	$550,000

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Similar sold homes

This house located in Lenray Heights, North Sarasota, FL 34234 is currently for sale for $550,000. 1903 N Allendale Avenue is a 1,900 square foot house with 5 beds and 3 baths that has been on Estately for 8 days. 1903 N Allendale Avenue is in the Lenray Heights neighborhood of North Sarasota and has a WalkScore® of 54, making it somewhat walkable. This house is in the attendance area of Booker Middle School, Emma E. Booker Elementary School, and Booker High School.

Listing Courtesy of: STELLAR_MLS and SELLING USA, LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.