Nice 2 Bedroom 2 bathroom condo on the ground floor. Leased for 12 months at $1250 per month. Lease end date is October 31, 2019. Nice community pool, laundry room, and assigned parking. New AC and New Water Heater. Great net return of 6% on cash deal. 16.8% return on cash invested with a 25% down payment. Fully managed by a property manager.
CondoProperty Type
1980Year Built
$203Est. Price/Sq.Ft.
Listed by David Rothermel• EXIT KING REALTY
Bought with Robert Halbman• EXIT KING REALTY
Source:Stellar MLS as Distributed by MLS Grid #A4415302
Redfin Estimate
$222,162
$22K since sold in November 2024$14K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.4% higher than the average sale price ($167K) of 6 comparable homes.
Nice 2 Bedroom 2 bathroom condo on the ground floor. Leased for 12 months at $1250 per month. Lease end date is October 31, 2019. Nice community pool, laundry room, and assigned parking. New AC and New Water Heater. Great net return of 6% on cash deal. 16.8% return on cash invested with a 25% down payment. Fully managed by a property manager.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RMF-3
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts, and Developments of Regional Impact. The RMF Districts, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Medium Density and High Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan. These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Permitted uses
Include but are not limited to:
Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Wastewater treatment
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
Room Information
# of Rooms: 4
Exterior
Exterior Information
Foundation Type: Slab
Construction Type: Masonry
Building Construction Quality: Average
Exterior Wall: Stucco
Roof Framing Type: Masonry
Building Type: Condo Low Rise
View Information
View: Road
Property Information
Subdivision Name: IMPERIAL PLACE
Living Sq. Ft: 1,095
Gross Sq. Ft: 1,193
Adjusted Gross Sq. Ft: 1,193
Ground Floor Sq. Ft: 1,095
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: UNIT 7 BLDG A IMPERIAL PLACE
Lot Information
# of Buildings: 1
Land Sq. Ft: 132,423
Legal Lot Number: 7
Acres: 3.04
Zoning Code: RMF3
County Use Description: CONDO-CLUSTER VILLAS
State Use Description: CONDOMINIUM
Financial
Assessor Information
Assessment Year: 2025
Tax District County: COUNTY OF SARASOTA
Tax Area: COUNTY OF SARASOTA
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,095
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1980
Year Renovated: 2000
County: Sarasota County
APN: 0086012006
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Phillippi Shores Elementary School
Public PreK-5 • Assigned • 1.1mi
9/10
Brookside Middle School
Public 6-8 • Assigned • 1.9mi
6/10
Riverview High School
Public PreK-12 • Assigned • 0.6mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Sarasota, FL • 34231
Average low and high temperatures (°F)
69
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91
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90
77
85
70
80
63
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58
Jan
Feb
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May
Jun
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Sun exposure
In this area, properties receive around 9.2 hours in
June and 6.4 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$212,000 – $256,000
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