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2524 Terry Ln; Sarasota, FL Property Details

2524 Terry Ln, Sarasota, FL is a Quadruplex 4 Units that was built in 1971. This property is currently a cash purchase and is not for sale. Our records show that 2524 Terry Ln has 8 bedrooms, and 8 bathrooms, and a total of 4,200 square feet. The lot size of 2524 Terry Ln is 12,000 square feet.

For Rent
2524 Terry Ln Sarasota, FL 34231
$1,499 Listing Price
8 Beds
8 Baths
4,200 SqFt
Property Type
Quadruplex 4 Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1971
  • Purchase Price: $805,000
  • Est. Equity / %: $1,082,000 / 100%
  • APN: 0103-09-0030
  • Situs County: Sarasota
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 8
  • Bathrooms: 8
  • Full Bathrooms: 8
  • Total Rooms: 16

Structure

  • Building Style: Masonry
  • Floor Cover Type: Ceramic
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 4,200/SqFt
  • Lot: 12,000/SqFt
  • Gross: 4,200/SqFt
  • Living: 4,200/SqFt
  • Building: 4,200/SqFt
  • Ground: 4,200/SqFt
  • Price Per Square Foot: $191.67

Legal Description

  • Description: LOT 2 BLK 3 & THAT PART OF LAKE DESC AS TRACT B GULF GATE MANOR UNIT 1
Building Insights

Land Information

  • Property Type: Quadruplex 4 Units
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.265366 / -82.51617
  • Subdivision: Gulf Gate Manor Unit 1
  • Property Class: Residential
  • Zoning: RMF2
  • County Use Code: 0840

Amenities

  • Plus Four: 5934
  • Cooling: Central
  • Heating: Central

Ownership Info

2524 Terry Ln has no associated ownership info
2524 Terry Ln has no associated ownership info.

Taxes

2524 Terry Ln has 10 associated Taxes items

2524 Terry Ln, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $790,400. The APN we've located for 2524 Terry Ln is 0103-09-0030.

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Taxes
  • Assessed Value:  $790,400
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0103-09-0030
  • Assessed Land Value:  173500
  • Market Land Value:  173500
  • Tax Amount:  11269.31
  • Tax Year:  2025
  • Market Value:  790400
  • Market Year:  2025

Tax History

2524 Terry Ln has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $790,400 Land Value $173,500 Improvement Value $616,900 Tax Amount $11,269.31 Change Rate -0.000682% Assessed CR Tax Rate +0.014258%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $11,277 Change Rate +0.059822% Assessed CR Tax Rate
Year 2023 Assessed Value $827,900 Land Value $160,400 Improvement Value $667,500 Tax Amount $10,640.47 Change Rate +0.183927% Assessed CR Tax Rate +0.012852%
Year 2022 Assessed Value $622,200 Land Value $148,500 Improvement Value $473,700 Tax Amount $8,987.44 Change Rate +0.406556% Assessed CR Tax Rate +0.014445%
Year 2021 Assessed Value $386,400 Land Value $92,800 Improvement Value $293,600 Tax Amount $6,389.68 Change Rate +0.016216% Assessed CR Tax Rate +0.016536%
Year 2020 Assessed Value $375,400 Land Value $90,100 Improvement Value $285,300 Tax Amount $6,287.72 Change Rate +0.08068% Assessed CR Tax Rate +0.016749%
Year 2019 Assessed Value $350,000 Land Value $106,200 Improvement Value $243,800 Tax Amount $5,818.3 Change Rate +0.020989% Assessed CR Tax Rate +0.016624%
Year 2018 Assessed Value $348,600 Land Value $83,600 Improvement Value $265,000 Tax Amount $5,698.69 Change Rate +0.147661% Assessed CR Tax Rate +0.016347%
Year 2017 Assessed Value $306,500 Land Value $86,400 Improvement Value $220,100 Tax Amount $4,965.48 Change Rate Assessed CR Tax Rate +0.016201%
Year 2016 Assessed Value $309,900 Land Value $80,900 Improvement Value $229,000 Tax Amount $4,965.48 Change Rate Assessed CR Tax Rate +0.016023%
Year 2015 Assessed Value $295,900 Land Value $77,000 Improvement Value $218,900 Tax Amount $4,965.48 Change Rate +0.080258% Assessed CR Tax Rate +0.016781%
Year 2014 Assessed Value $227,964 Land Value Improvement Value Tax Amount $4,596.57 Change Rate Assessed CR Tax Rate +0.020164%
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