$1,149,999

2016 5th Street Sarasota, FL 34237 Multi Unit - Multiple Active

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Description

Exceptional opportunity to own a 4-Unit property zoned DTE in the City of Sarasota! A short stroll to Downtown dining, shopping, arts, and the bayfront! This income-producing property features four units all equipped with 2 bedrooms and 1 bathroom. Fantastic updates have been done on the interior with strong rental potential and flexibility for short-term or long-term leasing (buyer to verify short-term rental guidelines per City of Sarasota).Ideal for investors seeking Airbnb income, seasonal rentals, or steady annual tenants, this property offers prime location appeal and consistent demand. Walk or bike to Main Street, Payne Park, and all that vibrant Downtown Sarasota has to offer!Whether you're expanding your portfolio or looking for a live-in-one, rent-the-rest strategy, this is a rare opportunity in one of Sarasota's most desirable rental corridors. Call today for more information on how you can make this yours!

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Metal
Taxes: $12,240
Year Built: 1976

General Information

Bedrooms: 8
Sqft: 3,058
County: Sarasota
High School: Booker High
Subdivision: INWOOD PARK FIRST
Listed By:
Ryan Miller HARRY ROBBINS ASSOC INC 941-924-8346

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Other

Property Features

Annual Net Income: 80000.00
Directions: From Exit 210, head West on Fruitville towards downtown Sarasota, turn right on to Washington Blvd. Turn right on to 5th street.
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.15
Ownership: Fee Simple
Parking: Open
Parking Notes: Open
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent 2,Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 4
Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: DTE
$1,149,999
8beds
3,058sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET3,058 MLS#A4684714
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONINWOOD PARK FIRST

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2016 5th Street , Sarasota, FL 34237.

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Estimated Payment

$ 5,234.17 per month $3,878.76 Principal & Interest $1,020.00 Property Tax $335.42 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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