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$1,200,000
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Property Description
Discover an exceptional opportunity in one of Sarasota's fastest-growing urban corridors. This triplex is located just a few blocks from the vibrant Downtown area, surrounded by new developments, shops, restaurants, and the cultural energy that defines the heart of the city. Its strategic location makes it an ideal property for investors seeking long-term value in a rapidly evolving market. The corner lot offers a spacious and versatile outdoor area, perfect for adding exterior features, extra storage, or exploring options for additional income potential in accordance with local regulations. The three-unit configuration provides flexibility for traditional rentals or for maximizing returns with short-term stays, with the beaches only 15 minutes away. Combining potential, location, and versatility in a market with rising demand, this triplex represents a rare opportunity that is hard to match.
Full Property Details
Full Property Details for 431 N East Ave
General
- Price: $1,200,000
- Taxes: $8,207 (2025)
- Status: Active
- Type: Triplex
- Source: Greater_Miami
- MLS ID: A12038154
- Updated: 6/16/2026
- Added to Site: 17 day(s) ago
Rental Information
- Rent Includes: Water
Interior
- Flooring: Tile
Exterior
- Exterior Features: Room for Pool
- Deck/Patio: Open Porch
Parking
- Total Spaces: 10
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
Community
- Community Name: Pos Sub Of Lot 11 B
- Units Assoc/Comm: 3
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
- Structure Type: Triplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Composition Shingle
- Roof: Shingle
- Windows: Clear Impact Glass
- Doors: High Impact Doors
- Stories/Levels: 1
- Building Size: 2312
- Square Feet: 2,210
- Sq. Ft. Source: Owner
- Living Area: 2,210 Sq. Ft.
- Year Built: 1959
- Property Condition: Substantially Remodeled
Unit Information
- Units in Complex: 3
Lot Features
- 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
- Documents Avail.: Deposit Held, Copy Of Lease(S), Existing Survey
- Legal Description: LOTS 11 & 12 SUB OF LOT 11 BLK N PLAT OF SARASOTA
- Property ID: 2028120076
Listed by Ballagas Realty LLC
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Schools
Schools serving 431 N East Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Tuttle Elementary School 2863 8th Street, Sarasota, FL 34237 | PK-5 | 1 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 1.9 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 1.8 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
Date
Details
Price
Change
Source
6/16/2026
Listed
$1,200,000
36.67%
MLS
8/23/2024
Sold
$878,000
—
Public Record
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
Tax History for 431 N East Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,549
32%
$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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 431 N East Ave
431 N East Avenue, Sarasota, FL 34237 (MLS# A12038154) is a Triplex property with 0 bedrooms and 0 full bathrooms. 431 N East Avenue is currently listed for $1,200,000 and was received on June 16, 2026. Want to learn more about 431 N East Avenue? Do you have questions about finding other Triplex real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

