Active

$925,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 2643 sq ft
Overview
  • ID: MFRA4658671
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 2643 sq ft
Property Details
Remarks
Discover a lucrative investment opportunity with this turnkey 4-unit property at 3504 Estrada Street in the heart of Sarasota's Pinecraft neighborhood. This fully permitted income property promises a projected annual gross income nearing $100K, making it a prime prospect for savvy investors. The property features five bedrooms and four bathrooms across 2,201 square feet of beautifully renovated space, complemented by high-end finishes, updated kitchens and bathrooms, and upgraded flooring. The 6,072 square foot lot includes dedicated on-site parking, ensuring convenience for residents. Each unit is offered fully furnished with a $40K inventory of furniture, TVs, kitchenware, and décor, ensuring a seamless transition for new owners. Tenants will enjoy amenities such as air conditioning, central heating, common laundry facilities, and private outdoor spaces. The property also boasts a spacious porch and access to a playground, providing a welcoming environment for residents. Located close to local favorites like Yoder's, Der Dutchman, and Pinecraft Park, and just a short drive to Siesta Key Beach and Legacy Trail, this property offers guests a wealth of dining, shopping, and entertainment options. With proven rental success and room to boost revenue, this is a compelling opportunity for those seeking a hands-off, high-yield investment in a vibrant community.
Financial Considerations
Price:
$925,000
HOA Fee:
N/A
Tax Amount:
$9165.3
Price per SqFt:
$349.98
Tax Legal Description:
LOT 2, BLK H, LESS SLY 30 FT THEREOF, HOMECROFT
Exterior Features
Lot Size:
6072
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central, Zoned
Cooling:
Central Air, Ductless, Wall/Window Unit(s), Zoned
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Furnished:
Yes
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1945
Construction Type:
Concrete, Metal Frame, Stucco, Vinyl Siding, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outbuildings, French Doors, Private Mailbox, Rain Gutters
Additional Features 2:
N/A
Map
  • Address
    3504 ESTRADA ST
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