Active

$1,299,999

Features:
  • 6 Bedrooms
  • 5 Bathrooms
  • 2958 sq ft
Overview
  • ID: MFRA4674885
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 2958 sq ft
Property Details
Remarks
FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value. City zoning allows weekly rentals. Purchase and earn rental income OR develop in DTN zoning. Common area laundry as an amenity for tenants. Bldg #1 has 2 units, each are 1 bedroom/1 bath. Bldg 2 has 2 units, each are 2 bedroom/1 bath. Bldg #3 is the cottage/studio. This property is in fast growing downtown Sarasota a few blocks to Main Street with downtown restaurants, shops and bars. 2 blocks from Sarasota City park with tennis courts, playground and dog park all situated around a lake! Many multimillion dollar homes and deluxe condo developments in and surrounding Gillespie Park. Close to beaches and beautiful Sarasota Bay. Investment property with huge income potential and huge future DTN development.
Financial Considerations
Price:
$1,299,999
HOA Fee:
N/A
Tax Amount:
$8951
Price per SqFt:
$439.49
Tax Legal Description:
LOTS 11 & 12 BLK 2 CENTRAL PARK UNIT 1
Exterior Features
Lot Size:
10009
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
5
Heating:
Electric
Cooling:
Mini-Split Unit(s)
Appliances:
Range, Refrigerator
Furnished:
Yes
Floor:
Laminate, Tile
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1949
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outbuildings
Additional Features 2:
N/A
Map
  • Address
    503 N OSPREY AVE
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