1335 40th Street, Sarasota, FL

View larger images

$949,000

($227/sqft)

List Status: Active

1335 40th Street
Sarasota, FL 34234

6 beds
6 baths
4188 living sqft

Ask A Question

Virtual Tour Save Listing Mortgage Calculator Get Pre-Qualified Print Listing

Top Features

View: Trees/Woods
Subdivision: Palm Grove
Built in 1930
Single Family Residence

Description

Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother-in-Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man-caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!

Property Details

Additional Information

Additional Lease Restrictions

Confirm Lease restrictions witht he City of Sarasota

Additional Parcels Description

0026 12 0090, 0026 12 0054

Additional Parcels YN

true

Additional Rooms

Bonus Room, Family Room, Garage Apartment, Interior In-Law Suite w/Private Entry, Storage Rooms

Alternate Key Folio Num

0026-12-0055

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer

Architectural Style

Other

Association YN

false

Available For Lease YN

Bathrooms Total Integer

Building Area Source

Public Records

Building Area Total

4555

Building Area Total Srch SqM

423.17

Building Area Units

Square Feet

Calculated List Price By Calculated SqFt

226.60

Carport YN

false

Construction Materials

Block

Cooling

Central Air

Country

Cumulative Days On Market

Current Price

949000.00

Direction Faces

South

Elementary School

Tuttle Elementary

Exist Lease Tenant YN

Exterior Features

Outdoor Shower, Storage

Fireplace Features

Family Room

Fireplace YN

true

Flood Zone Code

Flood Zone Date

2024-03-27

Flood Zone Panel

12115C0131G

Flooring

Other, Tile

Foundation Details

Slab

Furnished

Negotiable

Garage YN

false

Heating

Electric

High School

Booker High

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Window Treatments

Internet Address Display YN

true

Internet Automated Valuation Display YN

false

Internet Consumer Comment YN

false

Internet Entire Listing Display YN

true

Laundry Features

Common Area, Laundry Room

Levels

Multi/Split

List AOR

Sarasota - Manatee

Living Area Meters

389.08

Living Area Source

Estimated

Living Area Units

Square Feet

Lot Features

Drainage Canal, City Limits, Landscaped, Oversized Lot, Paved

Lot Size Acres

0.59

Lot Size Square Feet

25771

Lot Size Square Meters

2394

Middle Or Junior School

Booker Middle

Minimum Lease

1 Week

Modification Timestamp

2026-04-18T00:31:09.186Z

Month To Month Or Weekly YN

New Construction YN

false

Number Of Lots

Occupant Type

Tenant

Other Structures

Additional Single Family Home, Guest House, Shed(s), Storage

Ownership

Fee Simple

Parcel Number

0026120058

Patio And Porch Features

Covered, Deck, Other, Screened, Side Porch

Pool Private YN

false

Postal Code Plus 4

4611

Public Survey Range

Public Survey Section

RATIO Current Price By Calculated SqFt

226.60

Realtor Info

As-Is, Sign

Road Surface Type

Asphalt

Roof

Membrane, Other, Shingle

Room Count

SW Subdiv Community Name

Palm Grove

Senior Community YN

false

Sewer

Public Sewer

Showing Requirements

24 Hour Notice, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime

Status Change Timestamp

2026-04-16T12:59:35.000Z

Tax Annual Amount

4473

Tax Block

Tax Book Number

1-69

Tax Legal Description

LOTS 4, 5, 18 & 19, BLK G, PALM GROVE

Tax Lot

Tax Year

2025

Total Acreage

1/2 to less than 1

Total Annual Fees

0.00

Total Monthly Fees

0.00

Township

Universal Property Id

US-12115-N-0026120058-R-N

Unparsed Address

1335 40TH ST

Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Vegetation

Oak Trees, Trees/Landscaped

Water Source

Public

Waterfront YN

false

Window Features

Window Treatments

Zoning

RSF3

Neighborhood Map

Popup

Property Photos

MLS #MFRA4688091 Listing courtesy of Preferred Shore Llc provided by Stellar MLS.

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer 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. The source of the listing data is as follows: Stellar MLS (updated 4/17/26 10:13 PM) |

Listing Search

Translate Tool

Featured Listings

$1,300,000

4 BED

4 BATH

One or more photo(s) has been virtually staged. Welcome to Luxury Living in the Heart of Palm Harbor at 4052 Capitol Dri... Read More

$850,000

3 BED

2 BATH

There are homes you just pass by… then ones that make you slow down. Welcome to this one-of-a-kind 1920s Craftsman bunga... Read More

$1,099,990

5 BED

4 BATH

Welcome to this beautiful 5-bedroom, 4-bathroom home located in Eagle Creek community in the heart of Lake Nona, one of ... Read More

$1,324,999

3 BED

2 BATH

Welcome to elevated Gulf-front living at Madeira Towers. Perched on the 8th floor and positioned on the highly sought-af... Read More

$920,000

3 BED

2 BATH

Live the Downtown Waterfront Lifestyle – Deeded Dock Included! Brand new exterior paint! This beautifully renovated 2-be... Read More

$1,395,000

4 BED

3 BATH

Welcome to this spectacular custom-built estate within the guard-gated enclave of Lake Markham Preserve. Spanning over a... Read More

$1,088,888

4 BED

3 BATH

Welcome to paradise in this elegantly updated nearly 3,000 square foot pool home in the highly desirable and serene neig... Read More

$1,150,000

3 BED

2 BATH

A rare offering: *SELLER CONTRIBUTING $25,000 TOWARD BUYER'S CLOSING COSTS*, enhancing an already exceptional opportunit... Read More

$949,900

4 BED

4 BATH

Welcome to an exceptional luxury residence at 3343 Crescent Oaks Blvd, located within the prestigious double-gated Cresc... Read More

$900,000

2 BED

3 BATH

Set privately on 2.39 beautifully wooded acres in the sought-after Lakewood Acres community, this one-of-a-kind multi-le... Read More

< > View All Featured Listings

Real Estate News

View All News

Contact Sandra Pardo

407-990-2746

Wendy Morris LLC

Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787