Property Attributes
- MLS#A4593326
- TypeIncome
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodValencia Terrace Rev
- Zip34236
- StyleMulti Family
- Year Built1961
- Taxes$ 7046
- Price$ 1,900,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage2832
- Lot Size6,098 SqFt
Data Source:
Stellar MLS
Property Description
Five Residential Units in One Building. This meticulously maintained property features five residential units, comprising six bedrooms, five kitchens, and 5 ½ baths. The finish work and condition of the property are impressive, complemented by a large beautiful courtyard and on site laundry facility. Ample storage and covered parking are available, including 10 parking spaces, five of which are covered. Situated just about ¼ mile from Sarasota Bay, the location offers easy access to Publix and three parks, placing it in the heart of downtown Sarasota. Explore the area using the map provided, and take the opportunity to visit Sarasota's premier parks: "The Bay Park" and "Bayfront Park." Additionally, the property is located 1/2 mile or less from Sarasota's best watercraft launching area. Interested buyers are encouraged to request video tours through their realtor. With the potential to live in one unit while renting out the other four, this property offers an attractive investment opportunity. When fully rented at $200 per night, the potential annual income from all five units could reach $365,000. Low taxes. New roof 2023. Separate electrical meters with updated electrical system in 2023.
Price History | |
---|---|
1/16/2024 | Listed $1,900,000 |
General Features
Interior Features | Ceiling Fan(s),Kitchen/Family Room Combo |
---|---|
Sewer | Public Sewer |
Heating | Electric |
Cooling | Central Air |
Utilities | Cable Available,Electricity Connected,Public,Water Connected |
Roof | Built-Up |
Exterior Features | Balcony,Courtyard,Fenced,Garden,Lighting,Private Mailbox,Sidewalk,Sliding Doors,Storage |
Zoning | RMF4 |
Construction Materials | Wood Frame |
Year Built | 1961 |
View | City |
Property SubType | Multi Family |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
County | Sarasota |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | VALENCIA TERRACE REV |
Garage Y/N | No |
Status | Active |
Directions | TAKE US 41 TO 13TH AVE |
City | SARASOTA |
Buyer Agent Compensation | 2.5% |
Senior Community Y/N | No |
Total Units | 5 |
MLS Area | 34236 - Sarasota |
Lot Size Square Feet | 6180 |
Private Pool | No |
Waterfront Y/N | No |
Carport Spaces | 5 |
Carport Y/N | Yes |
Street Name | 13th |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 7046 |
Property Condition | Completed |
Public Remarks | Five Residential Units in One Building. This meticulously maintained property features five residential units,comprising six bedrooms,five kitchens,and 5 baths. The finish work and condition of t |
Lease Considered Y/N | Yes |
Virtual Tour | https://my.matterport.com/show/?m=3V8ZoUugCV6 |
Days on Market | 98 |
Standard Status | Active |
Tax Lot | 7 |
Virtual Tour | https://primesarasota.com/deals/ |
Legal Description | LOT 7 BLK A REV PLAT OF VALENCIA TERRACE |
Minimum Lease | 1-7 Days |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | STREET |
Laundry Features | Inside,Laundry Room |
Total Bedrooms | 1 |
LivingAreaSource | Public Records |
Total Baths | 1 |
Living Area Units | Square Feet |
Exterior Features
Lot Features | Sidewalk |
---|---|
Water Source | Public |
Lot Size Area | 6180 |
Foundation Details | Slab |
Number of Buildings | 1 |
Lot Size Acres | 0.14 |
Road Surface Type | Paved,Concrete |
Lot Size Units | Square Feet |
Covered Spaces | 5 |
Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool