new - 6 days on rocket

2029 Palm Ter, Sarasota, FL, 34231

$369,777

Home List Price

$4,391*

Closing Credit

2 Bedrooms
2 Baths
980 SqFt
$377/SqFt
Multi

Location

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2029 Palm Ter, Sarasota$369,777

Buyer Closing Credits

$4,391*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOpen
Year Built1949
HeatingOther
CoolingWall/Window Unit(s)
ViewTrees/Woods
MLS #A4632179
Lot Size0.23 Acres
StatusActive

About 2029 Palm Ter

Income Producing Duplex located just off US41 in South Sarasota. Each unit is a 1 bedroom 1 bathroom with Vinyl Floors in right side unit and tile floors in the other. Galley style kitchens with Refrigerator and range and door to backyard. Full size bathroom with shower. Units are currently rented on annual Leases and property managed. Gross Rents are $2,650 with Leases through March and September 2025. Separately metered electric. Water paid by owner. Roof replaced 2022. Hot Water Heaters 2021. A/C Window Units. Large lot just under a 1/4 acre. Parking on both sides of property for each tenant. Fenced backyard. Good school zones. Central to Beaches, shopping, restaurants, good schools, golf and more! Call to schedule your showing.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 980 SqFt

Listing Office:

  • Office Name: RELAX REALTY GROUP INC
  • Office Phone: (941) 923-7200
  • Listing Agent: Dane Peterson

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Fence

Parking Information:

  • Parking: Open

Virtual/3D Tour

  • Virtual Tour: 2029 Palm Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head North on US41(Tamiami Trl) from the Proctor Rd intersection. Take the 6th street on your right (Palm Ter). Property will be down on left. Dead-End street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,777
  • Price Per SqFt: $377/SqFt

Tax Information:

  • Annual Amount: $2,397
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

2029 Palm Ter vs Sarasota

6 DAYS ON ROCKET

-70 Days

$369,777

-$145.7K Less

$377/SqFt

+$74 More

KEY TAKEAWAY

This property is $145.7K less than the Median Sold Price and $74/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4632179

Listing Office:

  • Office Name: RELAX REALTY GROUP INC
  • Office Phone: (941) 923-7200
  • Listing Agent: Dane Peterson

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2013Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,397$125,900
2019$2,286$120,467
2018$2,228$109,515
2017$2,134$122,200

History based on county public records data.

Payment Calculator

$1,913

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4349119
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.43 miles

  • Public Magnet Grades PK-5

school-card-donut-4349120
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-4349121
5
/10

  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 1.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,369. Residents of Sarasota, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Sarasota, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Sarasota, FL?

Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.

Is Sarasota, FL a good place to live?

Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.

Are things conveniently located in Sarasota, FL?

The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.

What does the transportation in Sarasota, FL look like?

Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.

Rocket Homes›Florida›Sarasota County›Sarasota›34231›2029 Palm Ter

This home is located at 2029 Palm Ter in Sarasota, FL and zip code 34231. This 980 square foot home, which was built in 1949, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $369,777.

Over 12 listings were sold over their listed price in November 2024 in Sarasota, FL. In the same period over 237 listings were sold below the listed price and 48 listings were sold for the listed price. The number of homes for sale in Sarasota, FL increased by 9.7% between October 2024 and November 2024. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $515,531.

From Rocket Homes Real Estate and based on county public records data.

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