322 Suwanee Ave Sarasota FL 34243 MLS A4627779
$999,900
322 Suwanee Ave
Sarasota,
FL
34243
MLS# A4627779
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Home Description: 322 Suwanee Ave
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.
Neighborhood
The average asking price of a 4 bedroom Sarasota home in this zip code is
$673,383 (32.7% less than this home).
This home is priced at $426/sqft,
which is 36.2% less than similar homes
in the 34243 zip code.
Similar to: 322 Suwanee Ave