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.
Agent: Dan Novak |
Office: PRIME TIME REAL ESTATE INC |
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