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Image 1 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Image 2 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Image 3 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Image 4 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Image 5 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

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Image 7 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Image 8 - 2111 Palm Ter, Sarasota, Florida, 34231 - House for sale

Home For Sale In Sarasota, Florida

2111 Palm Ter, Sarasota, Florida, 34231

Home For Sale In Sarasota, Florida

house for sale

Listed: 06/19/24

2111 Palm Ter, Sarasota, Florida, 34231

6 Bed:

4 Bath:

2,068 Sq Ft Living Area:

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Price

$ 1,15M

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About This House

Presenting a RARE 4plex investment opportunity in the heart of Sarasota, generating 80k+ in gross revenue, with potential for further income growth!! ! This well-maintained fully rented 4-plex is ideally situated in a desirable neighborhood on a quiet dead-end street, within one of the best school districts in the area. The units boast modern updates with new kitchens, new flooring, open floor plans, and plenty of natural light. This property offers unparalleled convenience, with Trader Joes and Publix within walking distance and the stunning Siesta Key beaches just a 10-minute drive away. Tenants are already in place in all 4 units, ensuring a stable income stream. The expansive lot offers ample backyard space with a privacy fence. Thoughtfully designed driveway … Full description

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South Sarasota Housing & Living

Household Income

Median household income: $70,179

Number of households: 2,402

The average household income in South Sarasota, FL grew from $59,070 to $70,179 in the past year. This data is an estimate based upon 2,402 households in South Sarasota, FL.
The chart below presents how household income is distributed in South Sarasota, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in South Sarasota, FL compared to median property taxes around the country. The prevalent amount of property taxes in South Sarasota, FL equals $3k+ , which is more than the national average.

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