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Renovated Half Duplex Residence

5061 BARRINGTON CIRCLE Sarasota, FL 34234

5061 BARRINGTON CIRCLE, Sarasota, FL, 34234
$229,000
For Sale
$229,000

Bungalow,Cottage, Half Duplex - SARASOTA, FL

Property Size1,078 SF
Price / SF$212.43
Days on Market140

Property Features for 5061 BARRINGTON CIRCLE

General Information

Property type
Residential
Property subtype
Duplex
Zoning
RMF2
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Great Room, Kitchen
Parking features
Assigned, Carport
Pets allowed
Cats OK, Dogs OK, Size Limit
Interior features
Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Walk-in Closet(s)
Exterior features
Garden
Appliances
Cooktop, Dishwasher, Dryer, Garbage Disposer, Washer
Standard status
Active
APN
2001101026
Size
1,078 SF

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2389
Expense value
599
Expense
Home Owner Assessments Fee
Expense freq.
Monthly

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1982
Flooring type
Laminate, Wood
Building materials
Wood Siding
Roof type
Shingle
Architectural style
Bungalow
Listing Agency REALNET FLORIDA REAL ESTATE
1902 W Main St, Tampa, FL
Listed by Brenda Carey · License #3641372
Added: Mar 1 Checked: Jul 19 at 5:06 pm
MLS# A4684564 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Renovated half duplex residence with newly updated interior and exterior features, including hurricane windows, fresh paint, and a roof replacement in 2022 along with a new A/C unit in 2022. The home includes an enclosed Florida room with sliding glass windows, and it opens into a spacious living area. A modernized kitchen is equipped with stainless appliances, a pantry, and a reverse osmosis filtration system, while both bathrooms and sinks include multi-layered filtration. Additional improvements referenced include updated flooring, fixtures, crown molding, and quartz countertops. A front porch provides outdoor space, and there is a locking outdoor storage closet. A front-loading, large-capacity washer and dryer are located in a dedicated enclosed closet with storage shelving.

Set within the Barrington Woods gated complex, the property provides its own covered parking space in front of the unit via a carport, with additional guest parking nearby. The community pool is described as accessible across a pedestrian bridge over the lake. Lawn maintenance is included, and landscaping is supported by a sprinkler system and drip lines.

Pets are allowed up to 40 lbs, and the home is offered move-in ready, with the option to be furnished, not furnished, or partially furnished. A rent-to-own option is referenced in the remarks.

Key Highlights

  • Renovated condo in gated Barrington Woods complex with a fully enclosed Florida room/lanai and sliding glass windows overlooking new landscaping
  • Updates include new hurricane windows, freshly painted interior/exterior, and a new roof and new A/C unit (both in 2022)
  • Kitchen features stone counters, cooktop, dishwasher, disposal, and a new reverse osmosis water filtration tank/system

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.1k $23.28
− Vacancy −$1.4k −$1.28
EGI $23.7k $22.00
− OpEx −$10.7k −$9.90
NOI $13.0k $12.10
1,078 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$186.3K
$163.1K – $217.4K (±1% cap)
NOI $13,044 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$317.0K
$277.4K – $369.8K (±1% cap)
NOI $22,190 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Real Estate Agency Dental Office Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon Grocery & Convenience Store Daycare Center HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - Renovated half duplex in a gated complex with an enclosed Florida room, carport parking, and included lawn maintenance.
Where is this residential income property located?
The property is located at 5061 BARRINGTON CIRCLE Sarasota, FL.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Renovated condo in gated Barrington Woods complex with a fully enclosed Florida room/lanai and sliding glass windows overlooking new landscaping; Updates include new hurricane windows, freshly painted interior/exterior, and a new roof and new A/C unit (both in 2022); Kitchen features stone counters, cooktop, dishwasher, disposal, and a new reverse osmosis water filtration tank/system
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