4819 SEA ISLAND AVENUE, Sarasota, FL 34234

• 2 beds |
• 2 baths |
• 915 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 20, 2026

Data Last Updated:

June 24, 2026 at 4:24PM

Listing Office:

EXIT KING REALTY : 941-497-6060

Listing Agent:

Angelo Sammarco : 941-284-5673

MLS ID:

A4689720

Interior

• General: Built-in FeaturesCeiling Fans(s)Thermostat
• Appliances: DryerGas Water HeaterMicrowaveRangeRefrigeratorWasher
• Laundry: Inside
• Flooring: Luxury VinylTileVinylWood
• A/C: Central Air
• Heating: CentralElectric

Exterior

• General: Awning(s)Private MailboxRain GuttersHeatedIn Ground
• Other Structures: PorchScreened
• Pool: HeatedIn GroundLightingOutside Bath Access

Construction

• Roofing: Metal
• General: Metal SidingOne

Location

• Road/Access: Asphalt
• HOA Amenities: Cable TVClubhouseFitness CenterLaundryMaintenancePickleball Court(s)PoolSpa/Hot TubStorageCable TVPoolInternetManagement1648.0Annually
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RMHLOT 243 SUBJ TO RIGHT OF FLIGHT ESMT TO SARASOTA MANATEE AIRPORT AUTHORITY PER ORI 2001046060 TRI-PAR ESTATES UNIT 40025140085

Utilities

• Utilities: Cable ConnectedElectricity ConnectedFiber OpticsNatural Gas ConnectedPublicSewer Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple