$139,000
4819 Sea Island Avenue
Sarasota, FL 34234
Listing updated: June 12, 2026 at 5:46 PM ET
Listing courtesy of Exit King Realty · Angelo Sammarco · MLS #A4689720 · Active · 941-497-6060Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Investor Opportunity in a Sought-After 55+ Community – CAP Rate Over 11% with Yearly Lease Already in Place This is the kind of deal investors look for—immediate income, strong upside, and a property in a desirable over-55 community. This 2-bedroom, 1.5-bath home offers approximately 915 square feet of living space, plus a flexible bonus room that can easily function as a third bedroom, office, or den, increasing both appeal and potential value. Recent improvements, including a new carport and screened-in porch, add value while reducing near-term upgrade needs. The home also features an in-unit washer and dryer and an outdoor shower, adding convenience and livability for occupants. For investors seeking reliable cash flow with room to add value, this property checks all the boxes—leased, income-producing, and positioned for even greater returns. Tri-par Estates is a 55+ community that provides a wealth of amenities: enjoy a heated and cooled large pool for year-round swimming, a brand-new spa, tiki hut, pickleball courts, fitness center, shuffleboard, miniature golf, horseshoes, and various recreation hall rooms equipped with ping-pong, billiards, card tables, a kitchenette, sewing areas, and more. The expansive clubhouse regularly hosts dinners, dances, and other events. Situated only minutes from downtown Sarasota, you’ll have easy access to marinas, shopping, restaurants, museums, the world-renowned Siesta Key and Lido Key beaches, and Sarasota airport. In this special park and recreation district, residents own their land directly, with no separate HOA fees—an annual fee of $1,648 is included in your property taxes. Internet and TV included in the annual fee This is also a golf cart-friendly community with optional RV or boat storage when available. Don’t miss the opportunity to join this lively, well-established neighborhood in paradise.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history53 days on market
- Status: ActiveApr 20, 2026
- Listed$119,000Apr 20, 2026
- Price increased$139,000
Facts & features
- Property type
- Residential
- Sub type
- Mobile Home
- Status
- Active
- Days on market
- 53
- Subdivision
- Tri-Par Estates
- County
- Sarasota
- Year built
- 1968
- Living area
- 915 sq ft
- Price/sq ft
- $152
- Building area
- 1,527 sq ft (Public Records)
- Lot size
- 3,397 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12115C0043G)
- Annual taxes
- $2,773 (2025)
- Parcel #
- 0025140085
- Zoning
- RMH
- MLS #
- A4689720
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Luxury Vinyl, Tile, Vinyl, Wood
- Appliances
- Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Built-in Features, Ceiling Fans(s), Thermostat
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- HOA fee
- $1,648 / Annually
- Monthly HOA
- $137/mo
- Total monthly fees
- $137/mo
- Total annual fees
- $1,648
- HOA name
- Dean Chandler
- CDD
- No
- Min lease term
- 1 Month
- Listing terms
- Cash
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Minimum 31 days, $50 application fee per person, background check, board approval.
- Approval process
- $50 application fee per person, background check, board approval.
Exterior & Construction
- Exterior features
- Awning(s), Private Mailbox, Rain Gutters
- Construction materials
- Metal Siding
- Roof
- Metal
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected
Community
- Pets allowed
- Yes
- Senior community
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 11x10 |
| Den | First | 11x8 |
| Primary Bedroom | First | 8.5x7 |
| Primary Bathroom | First | 6x2.5 |
| Bedroom 2 | First | 11.5x11 |
| Living Room | First | 11x21.5 |
| Foyer | First | 5x11 |
Listing Details
- Listing date
- 2026-04-20
- On market date
- 2026-04-20
- Original list price
- $119,000
- Occupant type
- Tenant
- MLS area
- 34234 - Sarasota
- Listing AOR
- Venice
- Status changed
- 2026-04-20
- Tax legal description
- LOT 243 SUBJ TO RIGHT OF FLIGHT ESMT TO SARASOTA MANATEE AIRPORT AUTHORITY PER ORI 2001046060 TRI-PAR ESTATES UNIT 4
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 301 turn on Tri-Par Dr, Goover the bridge and take a left onto Blind Brook Dr, third right onto Boca Raton, Left onto Skokie Dr, Left onto Sea Island Ave. Second house on the right
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 12, 2026 at 5:46 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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