About This Home
This 6-bedroom, 4-bathroom multi-family at 4975 DAVID Avenue in Sarasota, FL is listed for $379,999 ($173 per sqft). Built in 1992, the home offers 2,201 sqft of living space on a 0.25 acres lot.
Key Features
- Built in 1992
- 0.25 acre lot
Property Details
Amenities
Virtually Staged. ** Seller reserves the right to accept highest and best prior to the deadline.** This is an **INCREDIBLE OPPORTUNITY priced aggressively** in one of Sarasota's most desirable and rapidly appreciating areas. Located approximately **one mile from Ringling College of Art & Design, just minutes from Downtown Sarasota, and only a few b
locks from Sarasota-Bradenton International Airport**, this property offers exceptional upside in a location that continues to benefit from strong housing demand and long-term growth. Situated on a generously sized lot, this **vacant duplex** offers tremendous flexibility for investors or buyers looking to renovate and maximize value.
Each unit features a spacious layout, while separate electric meters, public water and sewer, central A/C, and functional floor plans provide an excellent foundation for renovation. Whether renovating for long-term rental use, owner occupancy, or another permitted use (**buyer to verify**), this property presents multiple possibilities.
Major improvements have already been completed, including a **metal roof installed in 2016, newer A/C installed in 2017, gutters, repaired drainage, professional pest treatment, and approximately $12,000 invested in clean-out and cleaning**, allowing the next owner to focus primarily on interior renovations rather than major exterior improvements.
The property is being sold **AS-IS** and requires interior updating, including kitchen renovations, bathroom fixtures, and appliances. One unit requires less renovation than the other, creating flexibility for phased improvements depending on a buyer's plans.
The location continues to be one of the property's strongest assets. Sarasota is one of Florida's premier Gulf Coast markets, known for its award-winning beaches, vibrant arts and cultural scene, waterfront lifestyle, excellent dining, and year-round recreation.
Nearby attractions include **The Ringling Museum, Downtown Sarasota, St. Armands Circle, Lido Key, University Town Center (UTC), and Sarasota Memorial Health Care System**. Sarasota County continues to experience substantial investment through residential redevelopment, commercial expansion, healthcare growth, infrastructure improvements, and continued population migration, supporting long-term housing demand throughout the area.
Properties offering **this combination of location, duplex configuration, major system updates, and renovation upside** are becoming increasingly difficult to find in Sarasota. **Seller is requesting highest and best by 08/01/2026. Serious buyers should act quickly.**
Monthly Cost Estimate
$2,032/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4975 DAVID Avenue
Sarasota, FL 34234
ARMSTRONG ACRES
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom multi-family at 4975 DAVID Avenue is listed at $379,999 ($173/sqft). The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1992, 0.25 acre lot. Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat. Exterior Features: Private Entrance, Rain Gutters, Sliding Doors.
This property is listed by Harrison Wilfley and can be reached at 8502960904.


