1655 24TH STREET

SARASOTA, FL 34234

Listing courtesy of FINE PROPERTIES · MLS# A4706879

$235,000

Active

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Front faces south

Property Details

Bedrooms

Bathrooms

Square Feet

975

MLS#

A4706879

Listed

September 23, 2026

Description

Investment Opportunity income-producing investment in a community on the rise This 3-bedroom, 2-bathroom home in Sarasota’s Amaryllis Park neighborhood offers an opportunity to acquire an income-producing property in an established community on the rise. The area is positioned for continued improvement through ongoing property investment, neighborhood revitalization, and broader community development. The property is also being prepared with a focus on functionality, rental appeal, and meeting quality standards for long-term housing. It is my opinion that t his property presents a solid opportunity to acquire an income-producing, 3-bedroom/2-bathroom home in an established neighborhood on the rise. Based on a total capital outlay of approximately $66,900—which includes the down payment, estimated closing costs, financing fees, prepaids, and remaining repair allocations—the property is projected to generate $800 in true net monthly cash flow after operating expenses. This equates to a projected annual net cash flow of $9,600, yielding a healthy cash-on-cash. These figures reflect a realistic, 'all-in' investment scenario and provide a stable foundation for long-term rental performance as the community continues its revitalization.

Facts & Costs

Property type: Single Family Residence
Year built: 2005
Lot size: 5,750 sq ft
Stories: 1
Price per sq ft: $241
Days on market: 7
Private pool: No
Waterfront: No
Community: Amaryllis Park
Subdivision: NEWTOWN
County: Sarasota
Flood zone: x

Monthly & yearly costs

Property taxes: $2,760 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Laminate, Tile
Roof: Shingle
Construction: Block, Stucco
Parking: Off Street

Payment Estimate

$1,418 / month

Principal & interest: $1,188
Property taxes: $230
HOA: $0
Home insurance: enter below

Down payment (20%)$47,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Electric Water Heater
Microwave
Ceiling Fans(s)
Lighting

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 6:45 PM EDT. 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.

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