867 BACON AVENUE
About This Property
Enjoy peace of mind in this 2017 hurricane-rated concrete block home, located in Flood Zone X with no storm or flood damage. One of the few newer homes in Sarasota with no HOA, it offers the benefits of a modern build without the restrictions.
The open-concept layout features stylish finishes, custom lighting, and a split-bedroom design for privacy. The kitchen boasts quartz counters, solid wood cabinets, a butcher block island, farmhouse sink, and oversized pantry. The living area includes a feature wall with electric fireplace and flows to a fenced backyard-ideal for relaxing or entertaining-with upgraded landscaping and exterior lighting.
A detached shed, currently a home gym, offers great flex space. Set on a quiet dead-end street with mature trees and varied architecture, the home is minutes from I-75, UTC, Downtown Sarasota, beaches, the Legacy Trail, and Celery Fields.
No carpet, no outdated finishes, and completely turnkey. Located outside city limits for a lower tax rate (under 1% with homestead), no HOA dues, no city sewer costs, and no pool to maintain. Furnishings are negotiable. Feature sheet available-schedule your showing today! Best bang for your buck in Central Sarasota!! **This property qualifies for a 1-Point Lender paid, full term, rate buy down if using preferred lender. Inquire for more details.**
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$449,999
↓ $19K
(4%) | |
| Price Decreased | |||
| Jan 30, 2026 | Relisted | $468,500 | |
| Relisted | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017