Active

$799,900

Features:
  • 8 Bedrooms
  • 4 Bathrooms
  • 1792 sq ft
Overview
  • ID: MFRA4701502
  • Bedrooms: 8
  • Bathrooms: 4
  • Size: 1792 sq ft
Property Details
Remarks
Rare investment opportunity in Sarasota's highly sought-after Indian Beach neighborhood for under $800K! This vintage mid-century 4-plex features durable concrete block construction, thoughtfully designed as two facing duplexes surrounding a private, complex-only pool. Each of the 4 units offers 2 bedrooms, 1 bathroom, its own dedicated carport, and an individual laundry room for maximum tenant convenience. The back two units highlight recent remodeling upgrades and new appliances. With 2 units currently rented below market value, & 2 still vacant, this property offers immediate upside potential and increased cash flow for investors. Unbeatable location just minutes from Ringling College, Downtown Sarasota, US-41, and local beaches. Don't miss this high-demand, low-turnover income generator!
Financial Considerations
Price:
$799,900
HOA Fee:
N/A
Tax Amount:
$5504.01
Price per SqFt:
$446.37
Tax Legal Description:
LOTS 12 & 14, BLK B, DE SOTO TERRACE
Exterior Features
Lot Size:
12240
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Ground Level
Roof:
Other
Pool:
Yes
Pool Features:
In Ground
Interior Features
Bedrooms:
8
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Range, Refrigerator
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1960
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard
Additional Features 2:
N/A
Map
  • Address
    3509 NORWOOD CT
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