Sarasota FL Multi Family for Sale
$1,700,000
6630 Midnight Pass Road Sarasota, FL 34242
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- A4619477
- Subdivision:
- Sarasota/sea Add 01
View additional info
Courtesy: COMPASS FLORIDA LLC
305-851-2820
Thomas Kiessling
ADDITIONAL INFORMATION
Welcome to your dream investment opportunity! This stunning duplex, ideally situated in a highly sought-after vacation destination, offers an exceptional chance to own a lucrative income-producing property. With modern amenities, stylish interiors, and a prime location, this property is perfect for vacation rentals, ensuring high occupancy rates and excellent returns. This exceptional property, featuring two new A/C units (2022), a new water heater (2023), and a durable metal roof, promises both comfort and peace of mind. This versatile property comprises two distinct residences, each thoughtfully renovated and equipped with modern conveniences. The one-bedroom, one-bath residence exudes charm with its contemporary kitchen and bath, tile floors, washer and dryer, and cozy living space, making it perfect for a single occupant or couple. The two-bedroom, two-and-a-half-bath townhome-style residence, spread over two levels, offers spacious living with wood floors upstairs, updated bathrooms, a modern kitchen, tile floors downstairs, and a washer and dryer, ideal for families or larger groups. Outdoor living is a delight with low-maintenance landscaping, a generous patio area, and a private, gated backyard. The shared screened porch entry adds to the property's charm and functionality, while outside parking accommodates up to five cars. Residents will enjoy the heated pool and deeded beach access just one block away, offering the ultimate in convenience and leisure. Positioned within close proximity to shopping and restaurants, this property ensures that all your needs are met. With a proven rental history, this duplex is perfect for vacation rentals, promising excellent returns for the savvy investor. Experience the best of Siesta Key living at 6630 Midnight Pass Rd, where every detail has been curated for an exceptional coastal lifestyle. This duplex is a proven income producer with an established rental history and strong demand from vacationers year-round. The current owner has also used the property for family stays, suggesting that even higher income could be achieved with more dedicated rental availability. Don’t miss this rare opportunity to own a piece of paradise with outstanding income potential.
$2,900,000
527 Beach Road Sarasota, FL 34242
- Type:
- Duplex
- Sq.Ft.:
- 4,500
- Status:
- Active
- Beds:
- 4
- Year built:
- 1985
- Baths:
- 3.00
- MLS#:
- G5082108
- Subdivision:
- Sarasota Beach
View additional info
Courtesy: LIST NOW REALTY, LLC
352-385-7636
Matt Buttner
ADDITIONAL INFORMATION
Presenting an exclusive opportunity on Siesta Key Beach – an exceptional duplex for your consideration. This is situated directly on Beach Road, boasting a consistent income stream. It can be retained as a lucrative investment or transformed into a grand three-story duplex with the potential for even greater returns. This property is divided into two separate units: a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. Included is an already preapproved plan with permits paid and engineered drawings approved to enclose the bottom garage area, adding an additional 2,000 square foot of space. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, and built-ins. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, 2 private hot tubs, 2 tiki huts and a large heated pool. Entire in-house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home brought in over $386,000 gross in last 12 months. Gross cap rap is at 11%. This is unheard of on such a great property that will continue to grow in value.
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Sarasota Real Estate
The median home value in Sarasota, FL is $945,100. This is higher than the county median home value of $458,200. The national median home value is $338,100. The average price of homes sold in Sarasota, FL is $945,100. Approximately 33.21% of Sarasota homes are owned, compared to 4.17% rented, while 62.62% are vacant. Sarasota real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sarasota real estate agent to arrange a tour today!
Sarasota, Florida 34242 has a population of 5,416. Sarasota 34242 is less family-centric than the surrounding county with 8.02% of the households containing married families with children. The county average for households married with children is 17.15%.
The median household income in Sarasota, Florida 34242 is $108,527. The median household income for the surrounding county is $69,490 compared to the national median of $69,021. The median age of people living in Sarasota 34242 is 67.1 years.
Sarasota Weather
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 51.6 degrees. The average rainfall is approximately 53.2 inches per year, with 0 inches of snow per year.