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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,343 sqft
Price per Sqft $320
Subdivision 0000 - Not Part Of A Subdivision
MLS Listing ID O5970122
Sold Date 11/04/21
Construction Status Inspections
HOA Y/N No
Year Built 1974
Annual Tax Amount $4,311
Lot Size 0.340 Acres
Acres 0.34
Property Description
Amazing investment opportunity, location location, location! This quadruplex income property is fully leased out; sitting on an oversized lot (15,000)SF with a potential to add another building. 0.5 mile from the beach and 1 mile away from all the shops.
No homeowners association, allowing buyer to do vacation rentals. The possibilities are endless.
Out of the four units, three are currently on a month-to-month basis giving buyer the flexibility between a long or short term rental, also they are currently rented bellow market. The remaining unit is on a yearly contract.
New roof 2021, second story units were re-done in 2021 which includes new counter tops, sinks, flooring and A/C units. Brand new landscape done in July 2021. Exterior painted 2019.
Property has a shed and shared laundry for all tenants.
Location
State FL
County Sarasota
Community 0000 - Not Part Of A Subdivision
Zoning RSF2
Interior
Interior Features Thermostat
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Sidewalk
Utilities Available BB/HS Internet Available, Electricity Available, Water Available
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with OVERSEAS REALTY, INC