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$949,000
New Listing

1335 40TH STREET
SARASOTA, FL 34234

For Sale|Single Family Residence|Active
6
Beds
6
Total Baths
6
Full Baths
3,613
SqFt
$263
/SqFt
1930
Built
Subdivision:
PALM GROVE
County:
Sarasota
Call Now: (239) 286-9606
Is this the listing for you? We can help make it yours.
(239) 286-9606
1335 40TH STREET1335 40TH STREET1335 40TH STREET1335 40TH STREET
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Monthly Payment (Est.)

$4,330
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Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother-in-Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man-caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!

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Listing Snapshot
Price 
$949,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
3,613 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.59 Acres
Year Built 
1930
MLS® Number 
A4688091
Status 
Active
Property Tax 
$4,473
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Acres 
0.59
Direction Faces 
South
Foundation 
Slab
Levels 
Multi/Split
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
4555
Style 
Other
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
RSF3
Interior Features
Appliances 
CooktopDishwasherDisposalDryerElectric Water HeaterMicrowaveOtherRangeRefrigeratorWasher
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family Room
Flooring 
OtherTile
Furnished 
Negotiable
Heating 
Electric
Interior 
Eat-in Kitchen
Laundry Features 
Common AreaLaundry Room
Window Features 
Window CoveringsWindow Treatments
Kitchen 
Dimensions - 12x9Level - First
Living Room 
Dimensions - 20x18Level - First
Master Bedroom 
Dimensions - 15x12Level - First
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Exterior Features
Construction Details 
Block
Exterior 
Outdoor ShowerStorage
Lot Features 
LandscapedPaved
Other Structures 
Guest HouseShed(s)Storage
Patio And Porch 
CoveredDeckOtherScreenedSide Porch
Roof 
MembraneOtherShingle
View 
Trees/Woods
Waterview 
Trees/Woods
Windows/Doors 
Window CoveringsWindow Treatments
Community Features
Financing Terms Available 
Cash
MLS Area 
34234 - Sarasota
Roads 
Asphalt
Township 
36
Schools
School District
Unknown
Elementary School
Tuttle Elementary
Middle School
Booker Middle
High School
Booker High
Listing courtesy of PREFERRED SHORE LLC (941) 809-9200



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-16 12:56 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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