Active

$495,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1075 sq ft
Overview
  • ID: MFRTB8459780
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1075 sq ft
Property Details
Remarks
Exceptional 3/3 Income-Producing Property with Positive Cash Flow | Steps from Sarasota Bay This rare opportunity offers immediate income with exceptional long-term upside. The property features a 2-bedroom, 2-bath main residence plus a fully equipped studio apartment, creating the perfect setup for investors, house hackers, or multi-generational living. Located just feet from Sarasota Bay, the home is fully furnished and completely turnkey, allowing for seamless short-term or long-term rental operations from day one. With no HOA, a deeded boat ramp, ample boat and guest parking, and zoning that allows for duplex use, this property stands out as both a lifestyle asset and a powerful investment. Recent major upgrades include a metal roof tankless water heater, and HVAC system (approx. 5–6 years old), providing peace of mind and long-term efficiency. The oversized lot provides significant space for the addition of a tall rear structure, offering even more income potential or expanded living options. Whether you’re looking to grow your portfolio, offset your mortgage with rental income, or create a flexible living environment, this property delivers on every front. Water access, cash flow, flexibility, and future expansion — opportunities like this are exceptionally rare.
Financial Considerations
Price:
$495,000
HOA Fee:
N/A
Tax Amount:
$3030.55
Price per SqFt:
$460.47
Tax Legal Description:
BEG AT THE NW COR OF LOT 62 OF AMENDED PLAT OF CORTEZ ADD TO CORTEZ, AS PER PLAT THEREOF REC IN PB 2 P 59, SD PT BEING A CON MON; THENCE RUN SLY ALG THE W LN OF SD LOT 62 A DIST OF 1050 FT TO THE POB; THENCE RUN ELY PARALLEL WITH THE N LN OF SD LOT 6 2 A DIST OF 130.0 FT TO A PT; THENCE RUN SLY PARALLEL WITH THE W LN OF SD LOT 62, A DIST OF 75.0 FT TO "THE POB"
Exterior Features
Lot Size:
9749
Lot Features:
Oversized Lot, Unincorporated
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1956
Construction Type:
Concrete, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    4524 106TH ST W
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