Active · Multi-Family

4734 DELMONTE AVENUE

SARASOTA, FL 34235

$499,000

$214/sqft

Beds

5 beds

Baths

4 baths

Area

2,334 sqft

Multi-FamilyBuilt 197316,500 sqft lotCentralCentral Air, Mini-Split Unit(s)Fireplace$214/sqftListed today

About this home

Rare opportunity to own two separate homes on one legally established parcel in the heart of Sarasota. Set on an oversized 0.38-acre double lot in desirable DeSoto Lakes, this property offers incredible flexibility for homeowners, investors, and multi-generational living. While the interiors are ready for your personal vision and cosmetic touches, the costly updates are already done making it FULLY FINANCEABLE AND INSUREABLE. Brand new roof, July 2026. Brand new central A/C in the main home, July2026. New split system A/Cs in the smaller home, July 2026. New water heater and brand new windows throughout, July 2026. Brand new electric panel, July 2026. The main home features four bedrooms, three baths, and just under 1800 square feet. The detached second home is a true one-bed, one-bath residence with five hundred and seventy-two square feet. Live in one, rent the other to help offset your mortgage. Lease both for investment income. Carve out a suite within the main home for added flexibility or enjoy a private guest house for friends and family. Buyers may also explore future redevelopment options. Location, location, location. You are minutes to University Town Center, US-41, I-75, SRQ Airport, Downtown Sarasota, Downtown Bradenton, and our world-famous Gulf Beaches. This is a rare chance to secure a versatile property in one of Sarasota's most connected pockets, priced to sell and ready for your vision.

Facts & features

Interior

Bedrooms: 5
Bathrooms: 4
Living area: 2,334 sqft
Heating: Central
Cooling: Central Air, Mini-Split Unit(s)
Flooring: Luxury Vinyl, Tile
Fireplace: Yes
Features: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator

Exterior & lot

Lot size: 16,500 sqft (0.38 ac)
Roof: Shingle
Construction: Block
Exterior: Fence, Private Entrance, Private Mailbox, Private Yard, Sliding Doors

Financial

Annual tax: $5,839 (2025)
Price / sqft: $214/sqft

Utilities

Water: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Property

Property type: Multi-Family
Year built: 1973
Subdivision: DE SOTO LAKES
County: Sarasota

Listing

Status: Active
Days on market: Today
MLS #: MFR801237272
Source: Stellar MLS

Listed by Johnny Hopper, PA · PREFERRED SHORE LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQEstimate

Sample estimate — not an appraisal

$524k

+5.1% vs asking

$494k low$554k high

Based on 23 comparable sales within 4 miles of SARASOTA, FL. priced under RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA

Down payment (%)

Interest rate (%)

Loan term (yrs)

Property tax (% / yr)

Home insurance ($ / yr)

HOA dues ($ / mo)

Estimated monthly payment$3,230/mo

Principal & interest: $2,656/mo
Property tax: $374/mo
Home insurance: $200/mo

Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.