USAFLSarasotaRidgewood Estates Add 01 Resub3731 Papai Dr
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$449,777

For Sale

8 days ago

3731 Papai Dr, Sarasota, FL

House

MLS® A4697057

5 Bed

2 Bath

1818 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1818 sqft
Garage 
Taxes $3,818
Days Active 8
Lot Size 0.18 Acres
Approx. Age 1960
Avg. Price Per Sqft $247
MLS® Number A4697057

Property Address: 3731 Papai Dr, Sarasota, FL, 34232-5547

Average square foot calculated using Size range provided by listing agent.

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!
MLS® NumberA4697057
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayDriveway
Garage Spaces
HeatCentral
A/CCentral Air, Wall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$449,777List Price
  • Commute

Commute

Starting Address
Destination Address
3731 Papai Dr, Sarasota, FL

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