19 Beds
12 Baths
6,972 SqFt
19 Beds
12 Baths
6,972 SqFt
Key Details
Property Type Multi-Family, Duplex
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,972 sqft
Price per Sqft $1,183
Subdivision Sarasota Beach
MLS Listing ID A4713034
Bedrooms 19
HOA Y/N No
Year Built 1928
Annual Tax Amount $38,822
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Significant improvements have enhanced both properties, with five of the nine units reportedly fully renovated and additional upgrades completed through 2025. Key features include: modernized interiors, kitchens, and appliances, new HVAC systems installed in 2025, impact-resistant windows, heated swimming pool and tropical landscaping, private outdoor areas, BBQ facilities, and outdoor showers, 25+ parking spaces, complimentary beach amenities. This is A TURNKEY HOSPITALITY INVESTMENT. The properties offer an established short-term rental operation with professional management, strong visibility across major booking platforms, and a history of returning guests. Combining an exceptional location, recently upgraded accommodations, and an attractive 7+ Percent CAP rate, this portfolio presents a compelling opportunity to invest in one of Florida's most desirable vacation destinations. Financial statements, operating performance, and supporting documentation are available to qualified buyers upon execution of a Non-Disclosure (NDA).
Location
State FL
County Sarasota
Community Sarasota Beach
Area 34242 - Sarasota/Crescent Beach/Siesta Key
Zoning RMF1
Interior
Interior Features Ceiling Fans(s), Split Bedroom, Stone Counters, Vaulted Ceiling(s)
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type Other
Furnishings Furnished
Fireplace true
Appliance Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Balcony
Parking Features Guest, Off Street, Open, Oversized
Pool In Ground, Heated
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected
View Y/N No
Water Access Yes
Water Access Desc Canal - Saltwater
Roof Type Shingle
Porch Porch
Garage false
Private Pool Yes
Building
Lot Description CoastalConstruction Control Line, Flood Insurance Required, Sidewalk
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Nearby Locations
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