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$665,000

7324 PHILLIPS STREET, SARASOTA, FL 34243

3D Tour
Active9 days on market

Beds

3

Baths

3

Sq Ft

1,958 sq ft

Year Built

1981

Lot Size

0.24 acres

Garage

2

About This Property

Investment Opportunity — Turnkey With Future Bookings 7324 Phillips Street is a fully renovated, fully furnished income-producing pool home in Sarasota’s desirable Whitfield Estates. Featuring a new 2025 roof, new 2025 HVAC, updated bathrooms, modern finishes, and a screened pool area, this property is optimized for both guest appeal and long-term durability. The home has a strong rental history and continues to perform with confirmed future bookings, providing immediate cash flow for investors or buyers seeking a hybrid personal-use/vacation-rental model. With its proximity to SRQ Airport, downtown Sarasota, UTC, and Gulf beaches, this property consistently attracts travelers seeking convenience and comfort making this a seamless, ready-to-operate investment.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #A4706768
StatusActive
Year Built1981
Stories2
Total Rooms4
ConstructionBlock
RoofShingle
FoundationSlab
FacesEast
SubdivisionWHITFIELD ESTATES BLKS 14-23 & 26
CountyManatee
OwnershipFee Simple
FurnishedTurnkey

Interior Features

InteriorKitchen/Family Room Combo
FlooringCeramic Tile
AppliancesDishwasher, Dryer, Microwave, Refrigerator, Washer
LaundryIn Garage
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorOther
Lot Size0.24 acres (10,271 sq ft)
Lot Dimensions65 x 158
Road SurfacePaved

Pool & Spa

Private PoolYes
Pool FeaturesIn Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (2 spaces)

HOA & Community

HOAYes
HOA Fee$40 / Annually
Senior CommunityNo

Financial Details

List Price$665,000
Annual Taxes$7,642 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSF3/WR/
Parcel #6693700004

Directions

From I-75 Northbound (coming from Sarasota / Fruitville / University Pkwy): Take Exit 217 for SR-70 / 53rd Ave E. Turn left (west) onto SR-70. Continue straight for 4.6 miles. Turn left onto Lockwood Ridge Rd. Drive 0.4 miles, then turn right onto Phillips Street. Continue 0.2 miles — 7324 Phillips Street will be on your right. From I-75 Southbound (coming from Tampa / Parrish): Take Exit 217 for SR-70 / 53rd Ave E. Turn right (west) onto SR-70. Continue 4.6 miles. Turn left onto Lockwood Ridge Rd. Drive 0.4 miles, then turn right onto Phillips Street. Continue 0.2 miles — the home will be on your right.

Location

7324 PHILLIPS STREET, SARASOTA, FL 34243

Listing Information

OfficeMARCUS & COMPANY REALTY
ListedSeptember 29, 2026

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Home Price

$665,000

20% ($133,000)
6.75%

Loan Term

Principal & Interest$3,451
Property Tax (est.)$610
Insurance (est.)$150
Total Monthly$4,210
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How to Buy This Home

Multiple financing options available for this $665,000 home in SARASOTA.

🏛️

FHA Loan

$23,275 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$33,250 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: October 8, 2026.

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