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$619,000

708 42ND STREET, SARASOTA, FL 34234

3D Tour
Active182 days on market

Beds

3

Baths

2

Sq Ft

1,210 sq ft

Year Built

1936

Lot Size

0.28 acres

Garage

1

About This Property

Come see this charming and peaceful Old Florida gem with detached cottage ideally situated in the desirable Indian Beach/Sapphire Shores neighborhood located west of the trail. Here is a rare opportunity to own two meticulously maintained homes within the city limits in Indian Beach/Sapphire Shores, a community rich with art, culture, and history. This property has been a high-yielding asset for the seller. The seller gets a high volume of applicants, and it has required minimal effort to lease. Picture tree-lined streets, character-filled homes, and being just moments from the shimmering Sarasota Bay. You are in for a treat as you enter the main home through a central air-conditioned enclosed front porch into a home with all of its original, timeless character including glass doorknobs, lovely baseboards and trim, vintage light fixtures, painted heart of pine floors, and functional double-hung windows. This original 1930s home (732 sf) features two bedrooms (freestanding wardrobes), one bath, and a spacious combination dining/living area. An additional wonderful highlight is the central air conditioned detached guest cottage (478 sf) with kitchen, living area, one bathroom and bedroom alcove along with a screened porch and patio, and attached one-car garage. This cottage is ideal for multi-generational living or Airbnb or full-time lease opportunities. All furnishings and fixtures convey: the front unit is partially furnished; the back unit is turn-key furnished. The property includes a very nice new 12x16 Tuff Shed ideal for an artist’s studio, workshop, or just additional storage. Set on a lush 12,000+ square foot lot, the property is spacious with plenty of room for parking, entertainment and other possibilities. You are sure to enjoy the established vegetable and flower gardens. Adding to the charm, you may catch sight of the neighborhood's colorful wild peacocks who love to display their feathers. Excellent location just minutes from the Ringling Museum, SRQ Airport, and downtown Sarasota as well as close proximity to Lido Key Beach, St. Armands Circle, and Siesta Key. Two high-end homes are currently under construction on the block. This sweet property is waiting to fit your needs whether as live-in residences, a rental investment, multi-generational living, or any combination thereof. This peaceful neighborhood in "Turks Cap" (sometimes referred to as the Museum District) has a rural feel with narrow, tree-lined streets and roaming peacocks. This is a no through street with no traffic. If you want quiet and relaxed, you have found the neighborhood.

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #A4688859
StatusActive
Year Built1936
ConstructionWood Frame
RoofMetal
FoundationPillar/Post/Pier
SubdivisionINDIAN BEACH MAP OF
CountySarasota
OwnershipFee Simple
FurnishedPartially

Interior Features

InteriorBuilt-in Features, Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Window Treatments
FlooringCeramic Tile, Hardwood
AppliancesDryer, Microwave, Range, Refrigerator
LaundryIn Garage
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorGarden, Private Mailbox
Other StructuresGuest House, Shed(s)
Lot Size0.28 acres (12,387 sq ft)
Lot FeaturesCity Lot, Landscaped, Near Public Transit, Street Dead-End
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$619,000
Original Price$675,000
Annual Taxes$5,492 (2025)
FinancingCash, Conventional
ZoningRSF3
Parcel #2004110050

Directions

From 41/Tamiami Trail, go west on 42nd Street (next to Crabbers on 41). House is on the left.

Location

708 42ND STREET, SARASOTA, FL 34234

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedApril 7, 2026

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Home Price

$619,000

20% ($123,800)
6.75%

Loan Term

Principal & Interest$3,212
Property Tax (est.)$567
Insurance (est.)$150
Total Monthly$3,929
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How to Buy This Home

Multiple financing options available for this $619,000 home in SARASOTA.

🏦

Conventional

$30,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: September 30, 2026.

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