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Single Family Home for Sale in SarasotaMLS #A4655606
Listing Price: $649,000
2866 E RAINBOW CIRCLE
Sarasota, FL 34231
Property Type: Residential
Property Style: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision/Community: Sarasota-venice Co Sub
**SPACIOUS SERENITY IN THE HEART OF SARASOTA!** This ENCHANTING .49-ACRE PROPERTY is a RARE investment opportunity where lots of this size in Sarasota — let alone at the END OF A DEAD-END STREET -- are scarce—making it PERFECT PROPERTY FOR SAVVY INVESTORS! Excitingly, the SELLERS ARE CURRENTLY MAKING REPAIRS to IMPROVE and MAINTAIN the quality of the home, including RELINING THE PIPES, ensuring that the property remains in TOP CONDITION for its new owners! Imagine the potential, whether you're looking to GENERATE INCOME, CULTIVATE an ACTIVE URBAN FARM, or BASK in your own TRANQUIL PRIVATE OASIS!
This EXCEPTIONAL 4-BEDROOM, 3-BATH property features a MAIN HOUSE with an ATTACHED 2-CAR GARAGE, PLUS an INCOME-PRODUCING GUEST HOUSE—ideal for creating a lucrative investment! Located just 10 MINUTES from CONVENIENCE STORES, GROCERY STORES, SHOPPING, and the WORLD-FAMOUS SIESTA KEY BEACH, this property is in a PRIME LOCATION that draws steady interest from renters and buyers alike. Step inside the LOVELY MAIN HOME, with 3 BEDROOMS and 2 BATHROOMS, highlighted by a NEW 2025 ROOF and a FRESHLY PAINTED EXTERIOR. Discover a THOUGHTFULLY DESIGNED OPEN FLOOR PLAN centered around an INVITING EAT-IN KITCHEN featuring STUNNING QUARTZ COUNTERTOPS and NEW SMART SAMSUNG APPLIANCES—all controllable from an app on your phone and with warranties for your peace of mind! The touchless exhaust fan and spacious LIVING ROOM flow seamlessly into a GREAT ROOM with a WOOD BURNING FIREPLACE, providing access to a BEAUTIFUL SCREENED-IN PORCH through pocketing sliding doors. The PRIMARY BEDROOM offers a SWEET RETREAT with pocketing sliders leading to the screened-in porch, a NEWLY TILED EN-SUITE BATH with a STANDING SHOWER, and a GENEROUS WALK-IN CLOSET! The second and third bedrooms are equally spacious; one features a walk-in closet and the other boasts its own PRIVATE EXTERIOR ENTRANCE. Plus, the FUNCTIONAL LAUNDRY ROOM INCLUDES A WASHER, DRYER, and AMPLE BUILT-IN STORAGE for all your organizational needs. The VERSATILE 2-CAR GARAGE has a DOOR leading to the main yard and a WINDOW — giving you the ability to add a window unit and air conditions the garage. The DETACHED GUEST HOUSE serves as a fabulous fourth bedroom and third bathroom, boasting a TRACK RECORD OF RENTING FOR $1400/MONTH! This income stream allows you to GENERATE REVENUE from the comfort of home, complete with a SPACIOUS COVERED PATIO that doubles as a CARPORT, wardrobe, portable washing machine, full-size refrigerator, kitchenette, and an OVERSIZED BATHROOM filled with NATURAL LIGHT. Have a TENANT in a separate structure — not a roommate. NATURE LOVERS will be THRILLED, as this property—previously an URBAN FARM—thrives with NATIVE PLANTS GROWN WITHOUT PESTICIDES and boasts MATURE LANDSCAPING, including MAGNIFICENT OAK TREES. Currently flourishing with FRESH VEGETABLES, FRUITS, and a BUSY HIVE of 250,000 BEES producing 42 POUNDS OF HONEY annually, this property is the VERY DEFINITION OF SUSTAINABLE LIVING! Whether you're EAGER to GENERATE INCOME, cultivate your own urban farm, or enhance it with a NEARLY UNLIMITED NUMBER OF OPTIONS, with AMPLE ROOM to ADD A POOL, an OUTDOOR KITCHEN, park your BOAT or RV, or whatever your DREAMS MAY HOLD, the options are vast in this non-HOA community. Don’t miss this opportunity to invest in a property that marries SPACE with LOCATION—your DREAM INVESTMENT AWAITS!
Water Access:
Bedrooms: 4
Bathrooms: 3
Sq. Ft. Gross: 3,258
Sq. Ft. Living Area: 2,010
Cost per (heated) sqare foot: $323
Year built: 1977
Taxes: $3,969
Annual Tax: $3,969
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.Association Fee Includes:
Interior Features: Window Treatments
Appliances: Water Filtration System
Fireplace: Yes
Fireplace Features: Wood Burning
Window Features: Window Treatments
Additional Rooms: Family Room
Flooring: Tile
Laundry Features: Washer Hookup
Green FeaturesGreen Landscaping: Veg. (Productive) Garden
Schools
Elementary School: Wilkinson Elementary
Middle/Junior High School: Brookside Middle
High School: Riverview High
Exterior & ConstructionArchitectural Style: Ranch
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Garage: Yes
Garage Spaces: 2
Parking Features: Open
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Screened
Security Features: Smoke Detector(s)
Other Structures: Guest House
View: Garden
Fencing: Wood
Exterior Features: Sliding Doors
Utilities: Water Connected
Community Features: None
Lot InformationLot Features: Street Dead-End
Acreage Description: 1/4 to less than 1/2
Lot Size (acres): 0.49
Lot Size (sq. ft.): 21387 square feet
Lot Dimensions: 221 x 103 x 110 x 13 x 111 x 91
Road Frontage: Street Paved
Front Exposure: North
Legal Description & Other Information
Parcel Number: 0072120051
Financing Available: Owner May Carry
Pets Allowed/Pet Policies: Yes
Zoning: RSF3
Tax Legal Desc.: COM AT PT 25 FT S OF NW COR OF E 330 FT OF LOT 7 BLK 2 TH S 643.06 FT TH E 110 FT TO POB TH N 90.56 FT TH E 110 FT TH N 12.5 FT TH E 110 FT TH S 103.06 FT TH W 220 FT TO POB BEING PART OF
Section: 4
Range: 18E
Listing courtesy of MICHAEL SAUNDERS & COMPANY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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