322 Suwanee Avenue Sarasota , FL 34243

Description

4 Beds
2 full, 1 half Baths
2,347 Sqft
24,124 Sqft lot
0.55 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1963
Neighborhood: Ballentine Manor Estates
Days on Website: 54
Welcome to an exceptional residence in the highly sought-after Ballentine Manor Estates, where pride of ownership shines through in every detail. Nestled on an expansive half-acre lot West of the Trail, this stunning 4-bedroom, 2.5-bath home offers a seamless blend of sophistication and comfort with a backyard that rivals a private resort. Completely remodeled with high-end finishes and designer touches, this home features Terrazzo, hardwood, and marble flooring throughout. The gourmet kitchen, thoughtfully open to the main living space, is a chef's dream—complete with stainless steel appliances, an induction cooktop, granite countertops, a large center island, a wet bar with a mini fridge, and ample cabinet storage. The primary suite boasts a custom walk-in closet and an exquisite en-suite bathroom with marble floors, dual vanities, a soaking tub, and a walk-in shower. The versatile fourth bedroom can serve as a cozy family room or office, enhanced by a fireplace and large windows that overlook the expansive, fully fenced backyard. Step outside to your own private paradise, featuring a heated pool, a firepit, an elevated sundeck with custom lighting, and ample space for lounging, entertaining, and relaxation. Located just three homes away from Sarasota Bay but not in a flood zone, you’re only a short stroll away from breathtaking waterfront views and unforgettable sunsets. Recent upgrades include a new roof (April 2023), water heater (2023), pool pump (2023), HVAC (2021), UV light (2024), dishwasher (2021), Speed Queen washer and dryer (2024), refrigerator (2024), decorative lighting, and a ~520 sq. ft. garage transformed into a game room with a mini-split AC. This property is not only a fantastic family home but also offers incredible income potential as it currently operates as a top performing Airbnb. Gross revenue for 2022 was $202K, $183K for 2023 and $72K for January to mid-May 2024. With its expansive backyard, there’s incredible potential to further boost revenue by adding popular amenities like pickleball, mini-golf, or volleyball - creating endless opportunities for growth. Located only minutes from SRQ Airport and top-notch shopping and dining, this home is an extraordinary opportunity that you don’t want to miss! Furniture is negotiable. A recently completed cost segregation study is included. Insurance is $4,997.46 annually.

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Property Details and Features

Contact an Agent

Alex Morel

941-376-4580

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