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$649,900

2233 Michele Drive Sarasota, FL 34231 Multi Unit - Multiple Active

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Description

One or more photo(s) has been virtually staged. Fully remodeled Sarasota duplex for sale in highly desirable Phillippi Gardens-NO HOA and NO CDD fees-offering exceptional income potential and investment opportunity just minutes from world-famous Siesta Key Beach, consistently ranked among America's top white-sand beaches. This turnkey multifamily investment property features two spacious 2-bedroom, 1.5-bathroom units, each with an attached 1-car garage, private patio, screened lanai, and fully fenced backyard, delivering ideal privacy and separation for long-term tenants, short-term rental guests, or multigenerational family living. Both units have been thoughtfully and completely upgraded with brand-new luxury vinyl flooring, beautifully renovated kitchens featuring modern cabinetry and countertops, updated bathrooms, new stainless steel appliances including in-unit washers and dryers, all-new hurricane-impact windows and impact-rated garage doors, plus updated plumbing and electrical systems for true peace of mind. In a significant advantage for this market, the property experienced no interior flooding during the 2024 storms-a rare and valuable feature for Gulf Coast buyers. This Sarasota income-producing duplex is perfect for investors seeking strong long-term rental income, mid-term rental opportunities (buyer to verify local regulations), or a smart house-hacking strategy by living in one unit while renting the other to offset the mortgage. Ideally situated approximately 10 minutes from Siesta Key Beach, 12 minutes to Siesta Key Village, under 20 minutes to University Town Center (UTC), and conveniently close to US-41, Downtown Sarasota, waterfront dining, marinas, nightlife, championship golf, and premier shopping, this fully upgraded Phillippi Gardens duplex presents a rare opportunity to own a high-demand Sarasota multifamily investment property in one of the Gulf Coast's strongest rental markets, known for both consistent cash flow and long-term appreciation. Whether you're a seasoned investor expanding your portfolio, a first-time house-hacker, or a buyer seeking a flexible multigenerational property near the beach, this move-in-ready Sarasota duplex delivers location, upgrades, and income potential in one rare package-schedule your private showing today and secure your piece of the Siesta Key Gulf Coast lifestyle.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,847
Year Built: 1970

General Information

Bedrooms: 4
Sqft: 1,628
County: Sarasota
High School: Riverview High
Subdivision: PHILLIPE GARDENS
Listed By:
Mark Middleton COMPASS FLORIDA, LLC 305-851-2820

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Window Treatments
Fence
Private Mailbox
Private Yard

Property Features

Annual Net Income: 48000.00
Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Days on Site: 128
Directions: From US-41, turn onto Constitution Blvd, then continue onto America Dr. Turn left onto Montclair Dr, then right onto Montclair Pl. Make a left onto Michele Dr â?? the duplex is located on the right-hand corner.
Exterior: Block
Flood Zone Code: X500
Flooring: Luxury Vinyl
Foundation: Slab
Garage Dimensions: 12x27
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Corner Lot, Paved
Lot Dimensions: 0.25
Other Equipment: Private Yard
Ownership: Fee Simple
Parking: Driveway, Garage Door Opener, On Street
Parking Notes: Driveway, Garage Door Opener, On Street
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RMF1
$649,900
4beds
1,628sqft
2cars
Active
BEDS4 BATHS SQUARE FEET1,628 MLS#TB8453606
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPHILLIPE GARDENS

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2233 Michele Drive, Sarasota, FL 34231.

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Estimated Payment

$ 2,952.14 per month $2,192.00 Principal & Interest $570.58 Property Tax $189.55 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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