3731 PAPAI DR, Sarasota, FL 34232
3731 PAPAI DR, Sarasota, FL 34232
3731 PAPAI DR, Sarasota, FL 34232
3731 PAPAI DR, Sarasota, FL 34232
3731 PAPAI DR, Sarasota, FL 34232
3731 PAPAI DR, Sarasota, FL 34232
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Angie Gooden

Angie Gooden

LPT Realty, LLC

+1(843) 576-9551
$ 449,777
Est. payment | /mo

5 Beds

2 Baths

1,818 SqFt

Save Virtual Tour
$ 449,777
Est. payment | /mo
Save Virtual Tour

5 Beds

2 Baths

1,818 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,818 sqft

Price per Sqft $247

Subdivision Ridgewood Estates Add 01 Resub

MLS Listing ID A4697057

Bedrooms 5

Construction Status Completed

HOA Y/N No

Year Built 1960

Annual Tax Amount $3,818

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Rare investment opportunity in Sarasota! Multi-family properties are seldom available in this predominantly single-family neighborhood, making this duplex a unique addition to any real estate portfolio. This income-producing property offers two separately leased units with a combined living area of approximately 1,818 square feet on a 7,800-square-foot lot.

The front unit features 3 bedrooms, 1 bathroom, & a dedicated laundry room while the second (Back) unit offers 2 bedrooms, 1 bathroom, and backyard access. Both units are currently occupied through 3/31/2026, providing immediate rental income and minimizing vacancy risk for investors seeking stable cash flow. Electric/Water are not separately metered and Landlord pays these two utilities.

Several major improvements have already been completed, including a new roof in 2019, updated HVAC in 2023 (back unit uses window units), and an updated electrical panel in 2023. The property is in the central Sarasota area with easy access to shopping, dining, schools, employment centers, downtown Sarasota, and the area's world-famous Gulf Coast beaches. Gross rents of $4,010. Annual Leases. Seller will consider owner financing. Showings require advanced notice. Call today!

Location

State FL

County Sarasota

Community Ridgewood Estates Add 01 Resub

Area 34232 - Sarasota/Fruitville

Zoning RSF3

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Thermostat

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Range, Range Hood, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Fence, Storage

Parking Features Driveway

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

View Trees/Woods

Roof Type Membrane

Attached Garage false

Garage false

Private Pool No

Building

Lot Description In County, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Construction Status Completed

Schools

Elementary Schools Brentwood Elementary

High Schools Sarasota High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4697057

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Dane Peterson RELAX PROPERTY GROUP, LLC

Schools and Properties Nearby

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3731 PAPAI DR

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Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

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Angie Gooden

Agent

+1(843) 576-9551 | agoodenrealtor@gmail.com

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