2029 Palm Terrace, Sarasota, FL 34231 - Photo 1

1/1

$267,000

Sold
Closed
Duplex
2 Beds
2 Total Baths
980 Sq. Ft.
Updated 7 days ago

1/1

Property Description

Income Producing Duplex located just off US41 in South Sarasota. Each unit is a 1 bedroom 1 bathroom with Vinyl Floors on both sides (left side newly replaced vinyl) and some tile. Galley style kitchens with Refrigerator and range and door to backyard. Full size bathroom with shower. Annual leases through Sept 2025 & July 2026. Combined Gross rents are $2,545/mo . Separately metered electric. Water paid by owner. Roof replaced 2022. Hot Water Heaters 2021. A/C Window Units. Large lot just under a 1/4 acre. Parking on both sides of property for each tenant. Fenced backyard. Good school zones. Central to Beaches, shopping, restaurants, good schools, golf and more! Call to schedule your showing.

Full Property Details

Full Property Details for 2029 Palm Terrace

General

Sold For: $267,000
Taxes: $3,267 (2024)
Status: Closed
Type: Duplex
Source: MidFloridaRegionalMLS
MLS ID: A4632179
Added to Site: 400 day(s) ago

Rental Information

Min. Lease: 1 Month

Interior

Interior Features: Ceiling Fan(s)
Appliances: Range, Refrigerator
Furnishings: Unfurnished
Flooring: Tile, Vinyl

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Exterior

Exterior Features: Fenced

Parking

Parking Features: Open

Location

Area: 34231 - Sarasota/Gulf Gate Branch
County: Sarasota
Development Name: 34231 - Sarasota/Gulf Gate Branch
Subdivision: HARBOR OAKS
Driving Directions: Head North on US41(Tamiami Trl) from the Proctor Rd intersection. Take the 6th street on your right (Palm Ter). Property will be down on left. Dead-End street.

School Information

Elementary School: Phillippi Shores Elementary
Middle School: Brookside Middle
High School: Riverview High

Community

Community Name: 34231 - Sarasota/Gulf Gate Branch

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Other

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

# Buildings: 1
Exterior Const.: Stucco, Wood Frame
Roof: Shingle
Windows: Aluminum Frames, Blinds
Stories/Levels: One
Square Feet: 980
Sq. Ft. Source: Public Records
Living Area: 980 Sq. Ft.
Year Built: 1949

Lot Features

Property View: Trees/Woods
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 9,864
Lot Size: 9864
Frontage: Street Paved
Street/Road Desc.: Paved, Asphalt

Financial Considerations

Tax Amount: $3,267.08
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: LOT 5 BLK A HARBOR OAKS
Flood Zone Info: X
APN: 75040053
Property ID: 75040053
Block/Lot/Section: A

Listed and Sold by Relax Realty Group Inc

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Listing agents

— 2029 Palm Terrace —

Relax Realty Group Inc
Relax Realty Group Inc

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Schools

Schools serving 2029 Palm Terrace

School District:Sarasota County School District

Name	Grades	Distance
Phillippi Shores Elementary School 4747 South Tamiami Trail, Sarasota, FL 34231	PK-5	0.4 mi
Riverview High School, Sarasota, FL 1 Ram Way, Sarasota, FL 34231	9-12	0.9 mi
Brookside Middle School 3636 South Shade Avenue, Sarasota, FL 34239	6-8	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2029 Palm Terrace

Date

Details

Price

Change

Source

1/07/2026

Sold

$267,000

-25.79%

MLS

5/08/2025

Price Reduced

$359,777

-2.7%

MLS

12/11/2024

Listed

$369,777

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2029 Palm Terrace, Sarasota, FL 34231 (MLS# A4632179) is a Duplex property that was sold at $267,000 on January 07, 2026. Want to learn more about 2029 Palm Terrace? Do you have questions about finding other Duplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

2029 Palm Terrace Sarasota, FL 34231