2040 Palm Terrace, Sarasota, FL 34231 - Photo 1

1/1

$380,000

Sold
Closed
Single Family
3 Beds
1 Full Bath
1,355 Sq. Ft.

1/1

Property Description

NEW ROOF IN 2022! NEW HVAC SYSTEM INCLUDING DUCT WORK IN 2024! Absolutely adorable and affordable single family home with block construction is now available in one of the best locations of Sarasota. High and dry, this quarter acre lot home has a partially fenced in yard with new gutters and boasts plenty of room for boat and/or RV parking. This house also has a separate entrance with a dog door that is perfect for a dog grooming area, additional storage, or anything the heart desires. The great room has beautiful terrazzo flooring with a kitchen that is nearly new showcasing upgraded cabinetry. All of the appliances are stainless steel with a new microwave and dishwasher. In the backyard sits an amazing, brand new, 10x24 shed with hurricane tie downs. The garage was converted into a bonus room with hurricane rated sliders. This house has also had all of its plumbing replaced to updated standards!! With underground utilities, the location of this home is highly desirable. Minutes from the north entrance of Siesta Key, close to hundreds of dining and shopping options in Sarasota including a Trader Joes around the corner, this home, which is located on a quite and peaceful cul-de-sac street, is an incredible option for the first time home buyer, investor and everyone in between. Survey available for new buyers! Schedule your showing today!

Full Property Details

Full Property Details for 2040 Palm Terrace

General

Sold For: $380,000
Taxes: $2,722 (2024)
Status: Closed
Type: Single Family
Source: MidFloridaRegionalMLS
MLS ID: A4639253
Added to Site: 350 day(s) ago

Rental Information

Min. Lease: 1 Month

Interior

Number of Rooms: 7
Interior Features: Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Furnishings: Unfurnished
Flooring: Ceramic Tile, Terrazzo

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Inside

Exterior

Exterior Features: Rain Gutters, Sliding Doors, Storage

Location

Area: 34231 - Sarasota/Gulf Gate Branch
County: Sarasota
Development Name: 34231 - Sarasota/Gulf Gate Branch
Subdivision: HARBOR OAKS
Driving Directions: I-75 to Bee Ridge exit heading west. South on Hwy 41 to Palm Terrace on left. Home will be on your right.
Direction Faces: North

Community

Community Name: 34231 - Sarasota/Gulf Gate Branch

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

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

Structural Information

Exterior Const.: Block
Roof: Shingle
Stories/Levels: One
Square Feet: 1,355
Sq. Ft. Source: Owner
Living Area: 1,355 Sq. Ft.
Year Built: 1958

Lot Features

Lot Size (Acres): 0.25
Lot Size (Sq. Ft.): 9,864
Lot Size: 9864
Lot Dimensions: 80 x 123
Street/Road Desc.: Paved
Fencing (Description): Chain Link, Fenced, Vinyl

Financial Considerations

Tax Amount: $2,722.23
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: LOT 7 BLK B HARBOR OAKS
Flood Zone Info: X
APN: 75040042
Property ID: 75040042
Block/Lot/Section: B

Listed by Boudrie Real Estate Group Inc
Sold by Keller Williams On The Water S

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Schools

Schools serving 2040 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 2040 Palm Terrace

Date

Details

Price

Change

Source

2/21/2025

Sold

$380,000

-2.81%

MLS

2/05/2025

Listed

$391,000

—

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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3
Beds
3
Total Baths
1,450
Sq. Ft.

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Just Listed

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Condo
Active
Updated 23 hours ago

3
Beds
3
Total Baths
1,823
Sq. Ft.

Listed by Pettingell Professionals (941) 383-6411

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Just Listed

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Condo
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Updated 5 days ago

3
Beds
4
Total Baths
2,513
Sq. Ft.

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Just Listed

$4,123,000

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Single Family
Active
Updated 14 hours ago

4
Beds
4
Total Baths
3,243
Sq. Ft.

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4380 Exeter Dr #H202 Longboat Key, FL 34228

Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,152
Sq. Ft.

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Price Reduced

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$1,299,000

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Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,458
Sq. Ft.

Listed by Kepecz-Hays (941) 366-8070 and Leah George (941) 780-0597

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Condo
Active
Updated 3 hours ago

2
Beds
2
Total Baths
1,325
Sq. Ft.

Listed by Debby McCaig (941) 544-1713

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Price Reduced

-$200,000 (-8.02%)

$2,295,000

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Condo
Active
Updated 5 days ago

3
Beds
4
Total Baths
3,825
Sq. Ft.

Listed by Bruce Myer Group (941) 383-6411

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Sold

$400,000

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Lots/Land
Closed

0.35
Acres

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Sold by Dalton Wade Inc

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Sold

$410,000

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Duplex
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1,440
Sq. Ft.

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Sold

$352,000

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Single Family
Closed

2
Beds
2
Total Baths
1,393
Sq. Ft.

Listed by Nexthome Beach To Bay
Sold by Michael Saunders & Company

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Sold

$392,000

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Single Family
Closed

3
Beds
2
Total Baths
1,533
Sq. Ft.

Listed and Sold by Serhant

2040 Palm Terrace, Sarasota, FL 34231 (MLS# A4639253) is a Single Family property that was sold at $380,000 on February 21, 2025. Want to learn more about 2040 Palm Terrace? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

2040 Palm Terrace Sarasota, FL 34231