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Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
1,652
INVESTOR OPPORTUNITY! This fully furnished, income-producing duplex currently generates more than $60,000 annually, with the potential to further maximize its rental performance for an even higher return. Located just minutes from downtown Sarasota, the property offers two complete residences: a spacious two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Each has its own kitchen, dining area, and living room. Both units are being sold turnkey, complete with furniture, kitchenware, bedding, linens, and a washer and dryer. Major improvements include a brand-new roof installed in 2025 and newer air-conditioning systems installed in 2022 and 2025. The current weekly housekeeping and turnover staff are also willing to remain in place, helping provide a smooth transition for the new owner. The City of Sarasota currently permits seven-day minimum rentals at this location, with the potential to apply for a certificate allowing shorter rental periods. Continue operating it as an established rental, occupy one unit while generating income from the other, or explore future redevelopment possibilities. New construction has become increasingly common along this street, creating an opportunity to generate income today while holding the property for its land value and long-term potential. Rental income and expenses are available for review. Rental regulations, zoning, and redevelopment options should be independently verified by the buyer.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Cement Siding, Frame
-
Other Exterior Features
Balcony
-
Patio and Porch Features
Deck
-
Pool
No
-
Waterfront YN
NO
-
View
City
Area & Lot
-
Lot Features
Paved
-
Lot Size(acres)
0.13
-
Lot Size(square feet)
5,750
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$499,000
-
Tax Amount
$5,116.02
-
Sq. Footage
1,652
-
Price/SqFt
$302
HOA
-
Association
No
School District
-
Elementary School
Alta Vista Elementary
-
Middle School
N/A
-
High School
Sarasota High
Property Features
-
New Construction
NO
-
Foundation Details
Pillar/Post/Pier
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
6
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Alta Vista Elementary
Middle School
High School
Sarasota High
Listing Courtesy of Rob Rovnak , EXP REALTY LLC
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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