Active

$1,750,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 3493 sq ft
Overview
  • ID: MFRA4652219
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 3493 sq ft
Property Details
Remarks
Rare opportunity to acquire a turn-key, vacation rental multifamily property with substantial upside potential in a highly sought-after location near Downtown Sarasota. This fully furnished, income-producing asset features 4-Units with a desirable mix of Two, 2-Bedroom and Two, 1-Bedroom floorplans. Two units include private, screened-in pool areas with heated saltwater pools, waterfalls, hot tubs, and outdoor showers. The property showcases high-quality furnishings, curated interior finishes, and lush tropical landscaping that enhances overall curb appeal and guest experience. Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views. Located within minutes of Downtown Sarasota, St. Armand's Circle, and Lido Key Beach, this property offers convenient access to the area's dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!
Financial Considerations
Price:
$1,750,000
HOA Fee:
N/A
Tax Amount:
$6586
Price per SqFt:
$501
Tax Legal Description:
LOTS 236 237 & 238 BAY HAVEN
Exterior Features
Lot Size:
16233
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Off Street
Roof:
Shingle
Pool:
Yes
Pool Features:
Heated, In Ground, Lighting, Other, Salt Water, Screen Enclosure
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central
Cooling:
Central Air, Ductless
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1945
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Storage
Additional Features 2:
N/A
Map
  • Address
    941 VIRGINIA DR
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