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$540,000

138 PEARL AVENUE, SARASOTA, FL 34243

3D Tour
Active159 days on market

Beds

2

Baths

2

Sq Ft

1,371 sq ft

Year Built

1954

Lot Size

0.29 acres

Garage

1

About This Property

Welcome to this charming mid-century Florida rancher nestled in the sought-after waterfront neighborhood of Whitfield Estates — one of Sarasota's most beloved and established communities. Set on a generous 0.29-acre corner lot, this 2-bedroom, 2-bathroom home offers 1,371 square feet of comfortable living space with genuine Florida character and serious income-producing potential. Whether you're searching for a personal retreat or a turnkey investment, this home delivers. Currently active on Airbnb and generating approximately $180 per night, it has already proven itself as a strong short-term rental performer — making it an exceptional opportunity for investors looking to capitalize on Sarasota's thriving tourism market. Inside, you'll find renovated bathrooms that bring a fresh, modern touch to the home's classic bones. The layout is bright and functional, with a warm, welcoming feel that guests and homeowners alike will appreciate. Step outside and enjoy everything that comes with life in Whitfield Estates — a peaceful, established neighborhood with a true sense of community, no HOA, and easy access to the very best of Sarasota. World-renowned Siesta Key Beach, the cultural richness of downtown Sarasota, St. Armands Circle shopping, and the Ringling Museum are all just minutes away. No HOA. Corner lot. Proven rental income. And all the Florida sunshine you could ask for. Offered at $570,000.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4691706
StatusActive
Year Built1954
Total Rooms5
ConstructionBlock
RoofShingle
FoundationSlab
FacesNorth
SubdivisionWHITFIELD ESTATES BLKS 14-23 & 26
CountyManatee
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
FlooringTerrazzo, Vinyl
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
LaundryIn Garage
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorLighting, Outdoor Shower, Sidewalk, Storage
FencingFenced, Wood
Other StructuresShed(s)
Lot Size0.29 acres (12,837 sq ft)
Lot FeaturesCorner Lot
Road SurfaceAsphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$540,000
Original Price$570,000
Annual Taxes$5,242 (2024)
FinancingCash, Conventional
ZoningRSF3/WR/
Parcel #6692500009

Schools

ElementaryFlorine J. Abel Elementary
MiddleElecta Arcotte Lee Magnet
HighBayshore High

Directions

Driving North on US 41 from University Pkwy, Turn left on Pearl Ave at Traffic light. House is on left.

Location

138 PEARL AVENUE, SARASOTA, FL 34243

Listing Information

OfficePREFERRED SHORE LLC
ListedApril 30, 2026

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Home Price

$540,000

20% ($108,000)
6.75%

Loan Term

Principal & Interest$2,802
Property Tax (est.)$495
Insurance (est.)$150
Total Monthly$3,447
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $540,000 home in SARASOTA.

🏦

Conventional

$27,000 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

Manatee County SHIP

Varies

Income-qualifying Manatee 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 10, 2026.

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