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2107 Pine Ter, Sarasota, FL, 34231

$745,000

Home List Price

$8,847*

Closing Credit

4 Bedrooms
3 Baths
2,016 SqFt
$370/SqFt
Multi

Location

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2107 Pine Ter, Sarasota$745,000

Buyer Closing Credits

$8,847*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year BuiltNew Const., 1959
HeatingCentral
CoolingCentral Air, Zoned
FireplaceLiving Room
MLS #S5115938
Lot Size0.23 Acres
StatusActive

About 2107 Pine Ter

Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 2,016 SqFt

Listing Office:

  • Office Name: DREAMPRENEURS LLC
  • Listing Agent: Laura Ortenzio

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Range, Tankless Water Heater
  • Flooring Type: Tile
  • Interior: Living Room/Dining Room Combo, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Rain Gutters

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $745,000
  • Price Per SqFt: $370/SqFt

Tax Information:

  • Annual Amount: $1,334
  • 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

$520.7K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

302

2107 Pine Ter vs Sarasota

1 DAY ON ROCKET

-61 Days

$745,000

+$224.2K More

$370/SqFt

+$65 More

KEY TAKEAWAY

This property is $224.2K more than the Median Sold Price and $65/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: #S5115938

Listing Office:

  • Office Name: DREAMPRENEURS LLC
  • Listing Agent: Laura Ortenzio

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: 11/22/2024, 12:19:55 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

Jun 30, 2003Home Sold
$132,000
Aug 18, 2000Home Sold
$97,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,334$90,975
2019$1,270$88,930
2018$1,224$87,272
2017$1,215$85,477

History based on county public records data.

Payment Calculator

$3,786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,300

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-607339
8
/10

  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 0.30 miles

  • Public Magnet Grades PK-5

school-card-donut-607340
10
/10

  • Southside Elementary School

  • 1901 Webber St

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-607341
5
/10

  • Wilkinson Elementary School

  • 3400 Wilkinson Rd

  • 1.71 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. Most Sarasota, FL residents have annual incomes between $35k-100k. The most common type of family is 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›2107 Pine Ter

This home is located at 2107 Pine Ter in Sarasota, FL and zip code 34231. This 2,016 square foot home, which was built in 1959, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $745,000.

Over 13 listings were sold over their listed price in October 2024 in Sarasota, FL. In the same period over 242 listings were sold below the listed price and 47 listings were sold for the listed price. In October 2024 in Sarasota, FL there were 0.8% less homes for sale than in September 2024. In October 2024 median list price was $520,718 and the average listing age was 62 days.

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

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