Active

$650,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1920 sq ft
Overview
  • ID: MFRA4673957
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1920 sq ft
Property Details
Remarks
A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property’s overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota’s waterfront, and the downtown core. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$5887
Price per SqFt:
$338.54
Tax Legal Description:
LOT 2 LESS THE N 24.5 FT ALL LOT 3 THE N 2.17 FT OF LOT 4 & S 57.2 FT OF THE W 35 FT OF LOT 6 BLK A WALKERS SUB
Exterior Features
Lot Size:
10055
Lot Features:
City Limits, Landscaped
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Tile
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1981
Construction Type:
Stucco, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Fence, Fire Pit, Lighting, Rain Gutters
Additional Features 2:
*Information to be verified by buyer/buyer’s agent.
Map
  • Address
    1610 & 1612 ORANGE AVE
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