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3876 PRUDENCE DRIVE
About This Property
Exceptional location with convenient access to UTC, downtown Sarasota, I-75, shopping, restaurants, and the area's beautiful Gulf beaches. As an added bonus, residents can enjoy the newly installed neighborhood park and playground on 27th Parkway.
This contemporary A-frame home features soaring cathedral ceilings and transom windows that fill the living spaces with abundant natural light. Recent updates include brand-new luxury vinyl plank flooring throughout the entire home, including the screened lanai, and a freshly painted interior, making it truly move-in ready.
Currently configured as a 2-bedroom, 2-bath home, the flexible floor plan includes a spacious addition currently staged as a third bedroom. This versatile space offers outstanding potential to create a private primary suite with its own bath and separate exterior entrances or, subject to local regulations and buyer verification, an in-law suite or private guest quarters while remaining connected to the main home.
Major improvements provide peace of mind, including a new metal roof, new 200-amp electrical panel, new electrical service pole, 2022 HVAC system, and sewer lines replaced in 2013. The washer and dryer are approximately one year old, and two exterior doors have already been purchased by the seller and are scheduled for installation. The former carport has been transformed into an oversized screened outdoor living room that's perfect for entertaining year-round.
With its desirable location, flexible layout, and numerous recent improvements, this home presents an outstanding opportunity in one of Sarasota's established neighborhoods. Schedule your private showing today! Offered for sale at $314,900
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Aug 1, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$314,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$325,000
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Apr 3, 2026 | Listed by VUE REALTY, LLC | $332,500 | |
| Listed by VUE REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017