1655 24th Street, Sarasota, FL 34234
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: maggie march, pa
Office: fine properties
MLS#:A4706879
Source:MFRMLS
Price summary
- Price:$235,000
- Price per sq. ft.:$241.03
About this home
Investment Opportunity
income-producing investment in a community on the rise
This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise.
The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing.
It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66,900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9,600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization....
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Home facts
- Year built:2005
- Subdivision & Development:NEWTOWN
- Listing ID #:A4706879
- Added:49 day(s) ago
- Updated:November 12, 2026 at 07:03 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Tile
- Kitchen Description:Microwave
- Living area:975 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2005
- Building area:975 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Level, Paved, Sidewalk
- Construction Materials:Block, Stucco
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$235,000
- Price per sq. ft.:$241.03
- Tax amount:$2,760 (2025)
Features and amenities
- Appliances:Electric Water Heater, Microwave
- Laundry features:Laundry Closet
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
Parking
- Parking description:Off Street
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