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$1,200,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 2,210 Sq. Ft.
  • Updated 3 days ago
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Discover an exceptional investment opportunity in one of Sarasota's fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown district, surrounded by new developments, dining, entertainment, and the cultural energy that defines the city's core. Its prime location offers outstanding potential for both long-term and short-term rental strategies. Sitting on a desirable corner lot, the property features a spacious yard with room to expand outdoor living areas, add storage, or explore options to generate additional income in accordance with local regulations. The three-unit configuration provides flexibility for investors seeking steady rental revenue or those looking to maximize returns through short-term stays, with Sarasota's world-class beaches only 15 minutes away. With strong demand in the area and continuous urban growth, this property combines location, versatility, and long-term upside. Whether you're expanding your portfolio or securing a property in a high-appreciation zone, this triplex stands out as a rare opportunity in today's market.

Full Property Details for 431 N East Ave

General

  • Price: $1,200,000
  • Taxes: $8,207 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11991929
  • Updated: 3/31/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: First Floor Entry, Closet Cabinetry, Studio Apartment
  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Ground Level

Other Rooms

  • Living Room: Studio Apartment Sq. Ft.
  • Dining Room: Dining/Living Room
  • Laundry: Washer/Dryer Hook-Up

Additional Information

  • Security/Safety: Smoke Detector

Exterior

  • Exterior Features: Lighting, Room for Pool
  • Deck/Patio: Open Porch

Parking

  • Parking Features: Driveway, Guest, Rv/Boat Parking

Location

  • Area: Pos Sub Of Lot 11 B
  • County: Sarasota County
  • Subdivision: POS SUB OF LOT 11 B
  • Building Name: POS SUB OF LOT 11 B
  • Direction Faces: North

Community

  • Community Name: Pos Sub Of Lot 11 B

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, One Story
  • Structure Type: R30-No Pool/No Water, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction, Composition Shingle
  • Roof: Shingle
  • Windows: Clear Impact Glass
  • Doors: High Impact Doors
  • Building Size: 2312
  • Square Feet: 2,210
  • Living Area: 2,210 Sq. Ft.
  • Year Built: 1959

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 12,472
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Zoning: DTN - DOWNTOWN NEIGH
  • Fencing (Description): Fenced

Green Features

  • Energy Efficient: Appliances, HVAC

Financial Considerations

  • Price Per Sq. Ft.: $542.99
  • Tax Amount: $8,207
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: LOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
  • Restrictions: No Restrictions
  • Property ID: 2028120076

Listed by Ballagas Realty LLC

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Listing agent

— 431 N East Ave —

  • Ballagas Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 431 N East Ave

School District:Sarasota County School District
NameGradesDistance
Tuttle Elementary School
2863 8th Street, Sarasota, FL 34237
PK-51 mi
Booker Middle School
2250 Myrtle Street, Sarasota, FL 34234
6-81.9 mi
Booker High School
3201 North Orange Avenue, Sarasota, FL 34234
9-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 431 N East Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Listed
$1,200,000
36.67%
MLS
8/23/2024
Sold
$878,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 431 N East Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,907
22%
$531,300
29%
2024
$6,491
7%
$411,000
7%
2023
$6,094
95%
$385,200
89%
2021
$3,122
-9%
$204,100
-23%
2022
$3,419
10%
$264,300
48%
2021
$3,122
25%
$178,000
45%
2019
$2,502
3%
$122,769
10%
2018
$2,440
7%
$111,608
-14%
2017
$2,273
24%
$130,400
38%
2016
$1,836
6%
$94,200
12%
2015
$1,724
—
$83,853
10%
2014
$1,730
16%
$76,230
10%
2013
$1,496
—
$69,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Ballagas Realty LLC

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431 N East Ave, Sarasota, FL 34237 (MLS# A11991929) is a Single Family property with 5 bedrooms and 4 full bathrooms. 431 N East Ave is currently listed for $1,200,000 and was received on March 30, 2026. Want to learn more about 431 N East Ave? 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.

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