Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
1,566
Renovated Duplex in Venice Gardens | 9.3% Cap Rate | No Flood Zone | Portfolio Deal Available Put your money to work—skip the volatility of the stock market and invest in a stable, cash-flowing duplex in a high-demand location. 552 Briarwood Rd offers a strong 9.3% cap rate, no rental restrictions, and long-term tenants already in place, making it a prime opportunity for both investors and owner-occupants. This property features two 2-bedroom, 1.5 bathroom units. One side has been completely gut renovated, while the other has been thoughtfully modernized with new paint, lighting, fixtures, and luxury vinyl flooring—a perfect blend of turnkey income and long-term durability. Each unit is individually metered for water and electric. Generating $40,200 in annual gross income, this property nets $38,580 after minimal annual expenses of just $1,620. Block construction, central utilities, and a prime location close to beaches, shopping, and schools round out the offering. There are very few income properties like this that become available—especially ones this clean, updated, and already producing. Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road. Don’t miss your chance to lock in reliable rental income from day one.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Patio and Porch Features
Covered, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.2
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$440,000
-
Tax Amount
4159.46
-
Sq. Footage
1, 566
-
Price/SqFt
$280
HOA
-
Association
NO
School District
-
Elementary School
Garden Elementary
-
Middle School
Venice Area Middle
-
High School
Venice Senior High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1318
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Garden Elementary
Middle School
Venice Area Middle
High School
Venice Senior High
Listing Courtesy of Rachel Tritschler , RE/MAX ALLIANCE GROUP
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