1936 N ALLENDALE AVENUE

SARASOTA, FL 34234

Live Smart. Earn Income. Prime Sarasota Location. This versatile property offers a rare opportunity to offset most or potentially all of your monthly mortgage with a fully separate apartment unit. Perfect for owner-occupants or investors alike, this setup provides flexibility, privacy, and strong income potential. The main residence offers comfortable living with room to personalize, while the attached full apartment / in-law suite features its own private entrance, kitchen, bathroom, living area, and bedroom ideal for rental income, multigenerational living, or a private guest space. The apartment alone can generate consistent monthly income, making day-to-day living significantly more affordable. Set on a generously sized lot just over a quarter acre, the property also offers future expansion potential, outdoor enjoyment, or additional value-add opportunities. The home has been well cared for, with major items such as the roof already updated, providing peace of mind for the next owner. Location is a major highlight—minutes from downtown Sarasota, close to shopping, dining, and entertainment, and 2 minutes away from Ed Smith Stadium. With no HOA, no CDD fees, and no deed restrictions, this property offers true ownership freedom. Whether you choose to live in one unit and rent the other, lease both, or customize the property to fit your long-term goals, this is a smart opportunity in an established Sarasota neighborhood offering convenience, income potential, and upside. Schedule your private showing today and see how this home can work for you—not the other way around.

Listing courtesy of KELLER WILLIAMS ON THE WATER S (941) 284-3356



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Last checked: 2026-02-06 06:32 PM EST