Active

$499,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1652 sq ft
Overview
  • ID: MFRA4701566
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1652 sq ft
Property Details
Remarks
INVESTOR OPPORTUNITY! This fully furnished, income-producing duplex currently generates more than $60,000 annually, with the potential to further maximize its rental performance for an even higher return. Located just minutes from downtown Sarasota, the property offers two complete residences: a spacious two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Each has its own kitchen, dining area, and living room. Both units are being sold turnkey, complete with furniture, kitchenware, bedding, linens, and a washer and dryer. Major improvements include a brand-new roof installed in 2025 and newer air-conditioning systems installed in 2022 and 2025. The current weekly housekeeping and turnover staff are also willing to remain in place, helping provide a smooth transition for the new owner. The City of Sarasota currently permits seven-day minimum rentals at this location, with the potential to apply for a certificate allowing shorter rental periods. Continue operating it as an established rental, occupy one unit while generating income from the other, or explore future redevelopment possibilities. New construction has become increasingly common along this street, creating an opportunity to generate income today while holding the property for its land value and long-term potential. Rental income and expenses are available for review. Rental regulations, zoning, and redevelopment options should be independently verified by the buyer.
Financial Considerations
Price:
$499,000
HOA Fee:
N/A
Tax Amount:
$5116.02
Price per SqFt:
$302.06
Tax Legal Description:
LOT 6 BLK 1 AVON HEIGHTS
Exterior Features
Lot Size:
5750
Lot Features:
Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Laminate
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1936
Construction Type:
Cement Siding, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
Can be rented on a weekly basis. Can apply to city for license to rent for less days. Check with city for full requirements
Map
  • Address
    2245 BAHIA VISTA ST
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