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2225 Alice Road, Sarasota, FL 34231

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For Sale

$595,000

6 beds • 1,568 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $379.46
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

One or more photo(s) has been virtually staged. Income-Producing Property with Additional Build Potential in South Sarasota! This is a rare chance to own a beautifully remodeled 4-bedroom home plus an adjoining lot with a solid 30 x24 block workshop/garage (720 sq. ft.) that already has blueprints to be converted into a 2-bedroom, 1-bathroom home. With the lot value alone estimated at $200,000, no HOA restrictions, and owner financing available, this property offers multiple avenues for generating income. The main residence has a proven rental history of $2,800/month on annual leases, and at one time the exterior garage was successfully rented to a handyman business making this a unique opportunity for business owners who want to live and work on the same property. Live in the main house while building a rental next door, create a multi-generational setup, or establish a two-home income stream. Need help making your HGTV Story a reality? We can assist with builder plans and contractors! The main residence is fully updated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, new HVAC, tankless water heater, and a roof replaced in 2020. A private in-law/guest suite with its own entrance, spa-like bathroom, and living room makes the home ideal for Airbnb or rental use, while three additional bedrooms and a stylish second bath provide plenty of space for family or guests. Outdoors, enjoy multiple entertainment areas including a raised deck with built-in seating, screened lanai, and awning-covered patio, all set among lush mature landscaping with an extra-wide stone driveway. There s room to add a hot tub or pool, further boosting rental appeal. Situated off US41 directly across from The Landings, this property provides unmatched convenience to Phillippi Estate Park, Sarasota s shopping and dining districts, and the world-famous beaches of Siesta Key and Turtle Beach. This combined package delivers a turnkey remodeled home plus a ready-to-develop second residence a true income-producing powerhouse in the heart of South Sarasota, with live/work potential for business owners and flexible financing options to make it yours.
MLS# A4663299

Courtesy Of RE/MAX Alliance Group

(941) 954-5454

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stucco, Vinyl Siding
  • Floor Covering
    Vinyl
  • Lot Size
    0.45 Acres

Map and Directions

Directions to 2225 Alice Road, Sarasota, FL 34231

Home seller CENTURY 21 Beggins Enterprises

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Beggins Enterprises

(813) 658-2121
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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