5 Beds
4 Baths
2,201 SqFt
5 Beds
4 Baths
2,201 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,201 sqft
Price per Sqft $453
Subdivision Homecroft
MLS Listing ID A4642764
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1945
Annual Tax Amount $9,165
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
Attention Investors & Airbnb Hosts! This rare, fully permitted 4-unit property in the heart of Sarasota is a proven cash-flow machine, delivering a projected annual gross income of nearly $100K and an 8%+ cap rate. Situated in the high-demand Pinecraft neighborhood, this turnkey investment is fully furnished and rental-ready, offering immediate income with bookings already in place.
PROPERTY HIGHLIGHTS:
-Four income-producing units – a main home with a separate loft plus two standalone cottages, maximizing rental potential.
-Offered fully furnished with $40,000+ worth of included furniture, TVs, kitchenware, and décor, allowing seamless ownership.
-Meticulously renovated with high-end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring.
-Impact windows (all but two) & 9-year-old roof, ensuring long-term durability and energy efficiency.
-Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests.
-Spacious covered front porch adding charm and curb appeal to the main home.
-Dedicated on-site parking – a premium feature that enhances guest convenience.
-Separate laundry room, an essential amenity for short-term and long-term renters alike.
PRIME LOCATION & ENDLESS INVESTMENT POTENTIAL:
-Proven short-term rental success with strong occupancy rates and room to increase revenue.
-Perfectly positioned near Yoder's Deli, Der Dutchman Restaurant, and Pinecraft Park, offering guests easy access to local favorites.
-Portfolio expansion opportunity with additional units available for purchase.
This property is an investor's dream, a rare find in Sarasota's booming rental market. Whether you're looking to scale your short-term rental portfolio or secure a high-yield, hands-off investment, this is an opportunity you don't want to miss.
Schedule your private showing today!
Location
State FL
County Sarasota
Community Homecroft
Zoning RSF4
Rooms
Other Rooms Family Room, Interior In-Law Suite w/Private Entry, Loft
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Other, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Zoned
Cooling Central Air, Mini-Split Unit(s), Wall/Window Unit(s), Zoned
Furnishings Turnkey
Fireplace false
Appliance Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry Common Area, Outside, Washer Hookup
Exterior
Exterior Feature Outbuilding(s), French Doors, Private Mailbox, Rain Gutters
Community Features Park, Playground
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Roof Type Shingle
Porch Covered, Deck, Rear Porch, Side Porch
Garage false
Private Pool No
Building
Entry Level Two
Foundation Brick/Mortar, Crawlspace, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete,Metal Frame,Stucco,Vinyl Siding,Wood Siding
New Construction false
Schools
Elementary Schools Southside Elementary
Middle Schools Brookside Middle
High Schools Sarasota High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4642764
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Broker Associate | License ID: BK3591617