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4540 Lords Avenue

SARASOTA, FL 34231

6 beds
3 baths
1,625 sqft
9,000 sqft lot
$325 per sqft
1964 build
– on site

Investment Opportunity Alert! This outstanding rental home in Sarasota presents a lucrative prospect for savvy investors. Boasting 6 bedrooms and 3 bathrooms, this spacious 1625 square feet residence is currently generating income with each bedroom leased out. The expansive master bedroom exudes a refreshing ambiance, illuminated by natural light. It offers a sizable closet and a beautifully appointed bathroom, ensuring comfort and convenience. Throughout the home, luxury vinyl plank flooring creates an elegant yet durable foundation, complemented by neutral tones that enhance the open and airy atmosphere. The kitchen is a highlight, featuring ample cabinet and counter space, along with brand new stainless steel appliances and updated lighting fixtures. Two additional bedrooms offer generous proportions and ample closet space, catering to tenants' comfort. Beyond its interior charms, this property offers practicality with space for multiple vehicles, a boat, or camper, making it an ideal choice for vacation rentals. Situated in the vibrant locale of Sarasota, it offers proximity to everything—whether it's the pristine shores of Siesta Key, diverse shopping options, gourmet dining experiences, or exciting entertainment venues. Don't miss out on this exceptional opportunity! Schedule your tour today and seize the chance to own a promising investment property in one of Florida's most sought-after destinations.

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# A4603799 —

The Building

Year Built:

1964
New Construction:

false
Construction Materials:

Block
Building Area Total:

2010
Levels:

One
Stories Total:

1
Roof:

Metal
Foundation Details:

Slab

Interior

Furnished:

Unfurnished
Interior Features:

Ceiling Fans(s)
Flooring:

Laminate
Fireplace:

false

Room Dimensions

Living Area:

1625
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Proctor Rd Turn right onto Lords Ave Home on left
Latitude:

27.288121
Longitude:

-82.518525
Coordinates:

-82.518525, 27.288121

The Property

Parcel Number:

0075070008
Property Type:

Residential
Property Sub Type:

Single Family Residence
Property Condition:

Completed
Lot Size Acres:

0.21
Lot Size Square Feet:

9000
Lot Size Area:

9000
Lot Size Dimensions:

90 x 100
Lot Size Units:

Square Feet
Zoning:

RSF3
Direction Faces:

Southwest
Exterior Features:

Lighting
Water Source:

Public
Total Acreage:

0 to less than 1/4
Road Surface Type:

Asphalt
Flood Zone Code:

X
Homestead:

false
Lease Restrictions:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

41
Tax Block:

4
Tax Book Number:

A-12
Tax Annual Amount:

3461.78
Tax Legal Description:

BEG AT SE COR LOT 41 PHILLIPPI COVE SUB FOR POB TH S-08-12-W 100 FT TH N-89-48-50-W 90 FT TH N-0-08-12-E 100 FT TH S-89-48-50 -E 90 FT TO POB BLK 4 SARASOTA VENICE CO RIVER SUB

Beds

Bedrooms Total:

6

Baths

Bathrooms Total:

3
Bathrooms Total:

3
Bathrooms Full:

3

The Listing

Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Inside

Schools

Elementary School:

Phillippi Shores Elementary
Middle Or Junior School:

Brookside Middle
High School:

Riverview High

The Community

Subdivision Name:

SARASOTA-VENICE CO RIVER SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Spa:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$529,000

Expense	Monthly cost
Mortgage	$2,832
Taxes	$288
Insurance	$145
Utilities	$170 See report
Total	$3,435/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Sale history

Date	Event	Source	Price	% Change
4/23/24 Apr 23, 2024	Price Changed	STELLAR_MLS	$529,000	-1.9%
3/29/24 Mar 29, 2024	Price Changed	STELLAR_MLS	$539,000	-3.6%
3/24/24 Mar 24, 2024	Listed / Active	STELLAR_MLS	$559,000

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This house located in Phillippi Cove, Ridge Wood Heights, FL 34231 is currently for sale for $529,000. 4540 Lords Avenue is a 1,625 square foot house with 6 beds and 3 baths that has been on Estately for 35 days. 4540 Lords Avenue is in the Phillippi Cove neighborhood of Ridge Wood Heights and has a WalkScore® of 35, making it car-dependent. This house is in the attendance area of Riverview High School, Phillippi Shores Elementary School, and Brookside Middle School.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS ISLAND LIFE REAL ESTATE.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.