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Remodeled Duplex with Furnishings
For Sale
$549,000

974 TENNESSEE LANE, Sarasota, FL 34234

Two furnished one-bedroom units offer patios, updated systems, and flexible short-term or annual rental use.

Property Size1,200 SF
Price / SF$457.50
Days on Market631

Property Features for 974 TENNESSEE LANE

General Information

Standard status Active
Size 1,200 SF
Property subtype Multi Family

Units

Unit Mix 2 x one bedroom
Multifamily Units 2

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $3,871

Amenities

patios
back yard

Building Details

Year Built 1961
Buildings 1
Listing Agency: PREFERRED SHORE LLC
Listed By: Jason D'Agostino · License #3422983
Source: Exitrealty
Added: Jan 22, 2025 Changed: Sep 2 Last Checked: Sep 15 at 4:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PREFERRED SHORE LLC

Investment Insights

Based on property information with market context.

This remodeled duplex contains two side-by-side one-bedroom residences, each measuring 600 SF, for a combined 1,200 SF. Both units include patios and furnishings, while recent improvements include new HVAC systems, roofing, flooring, appliances, impact-rated windows, and entry doors. A backyard provides additional outdoor space, and the property was built in 1961.

The property is located at 974 Tennessee Lane in Sarasota’s Sapphire Shores neighborhood, approximately 0.2 miles from Sarasota Bay. Ringling College of Art and Design is 0.4 miles away, downtown Sarasota is 1.8 miles away, and SRQ airport is 2.1 miles away. Lido Beach is 4.6 miles away, while Siesta Key Main Beach is 9 miles away. The two-unit layout supports both short-term and annual rental strategies.

Key Highlights

  • Two side‑by‑side 600SF one‑bedroom units totaling 1,200 SF
  • Both residences are furnished and include patios
  • Recent improvements include HVAC, roof, flooring, appliances, impact windows, and entry doors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

431
Businesses Nearby

Demographics for 34234, FL

20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two furnished one-bedroom units offer patios, updated systems, and flexible short-term or annual rental use.
Where is this duplex located?
The property is located at 974 TENNESSEE LANE Sarasota, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two side‑by‑side 600SF one‑bedroom units totaling 1,200 SF; Both residences are furnished and include patios; Recent improvements include HVAC, roof, flooring, appliances, impact windows, and entry doors
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