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Josh Cotton

josh@welcomehome904.com +1(904) 982-8461

$ 1,075,000

Est. payment | -/mo

8 Beds

8 Baths

3,172 SqFt

Save

$ 1,075,000

Est. payment | -/mo

Save

8 Beds

8 Baths

3,172 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,172 sqft

Price per Sqft $338

Subdivision Orange Crest Park

MLS Listing ID A4701436

Bedrooms 8

HOA Y/N No

Year Built 1974

Annual Tax Amount $10,021

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 73x100

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Virtually Staged. Cash flow in paradise! This is a great Sarasota investment opportunity featuring two side-by-side duplexes with four rentable units sold together as one package, tucked on a quiet street just minutes from the sugar sand of Siesta Key and across the way from the newly updated Landings Plaza with its new shops and restaurants. Whether you are growing a portfolio or making your first multifamily move, the expensive work is already done here, leaving a true turnkey asset of solid one-story block construction with tastefully renovated units and updated major systems throughout. Both buildings received brand new roofs in 2024, fully permitted, complete with sealed roof decks and third-nail wind mitigation retrofits, and current wind mitigation reports are in hand that may help qualify for insurance premium reductions. Upgrades since 2023 also include new electrical panels in all four units, full attic ductwork replacement, a new A/C in one unit, cast-iron drain line remediation, and kitchen and bath remodels in select units. Each unit offers 2 bedrooms, a full bath, and a convenient half bath located in the primary bedroom, along with a private entrance, in-unit washer and dryer, wood-look luxury vinyl plank flooring, ceiling fans, generous storage, and its own yard space with off-street parking beneath mature mango and shade trees. With the Landings Plaza at the doorstep, the Gulf Gate corridor, the Legacy Trail, and the beaches all minutes away, year-round rental demand takes care of itself. The duplexes sit on two separate tax parcels but are offered together as a package only and will not be sold individually. Capital improvements summary, wind mitigation reports, and closed roof permits available. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**

Location

State FL

County Sarasota

Community Orange Crest Park

Area 34231 - Sarasota/Gulf Gate Branch

Zoning RSF3

Interior

Interior Features Ceiling Fans(s), Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Luxury Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Closet

Exterior

Exterior Feature Lighting

Parking Features Assigned

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Phillippi Shores Elementary

Middle Schools Sarasota Middle

High Schools Riverview High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by Toni Zarghami KW COASTAL LIVING III

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 982-8461

josh@welcomehome904.com

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2047 & 2051 FIESTA DR Sarasota, FL 34231