UPDATED:
Key Details
Property Type Single Family Home
Sub Type Half Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,589 sqft
Price per Sqft $334
Subdivision Sarasota-Venice Co River Sub
MLS Listing ID A4701229
Bedrooms 5
Full Baths 5
Construction Status Completed
HOA Y/N No
Year Built 1954
Annual Tax Amount $9,263
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Half Duplex
Source Stellar MLS
Property Description
Don't miss this rare opportunity to acquire a well-located **4-unit multifamily property** in one of Sarasota's most desirable rental markets. A standout feature of this property is that **it has experienced no flooding**, providing added confidence for investors focused on long-term ownership.
Ideally located just minutes from Siesta Key Beach, Gulf Gate, Downtown Sarasota, shopping, dining, hospitals, and major employers, this asset offers immediate rental income with excellent potential for future appreciation and rental growth.
Whether you're adding to your portfolio, completing a 1031 exchange, or seeking a high-demand multifamily asset, this property offers the location and stability investors are looking for. With limited multifamily inventory available in Sarasota, opportunities like this are becoming increasingly scarce.
**Schedule your private showing today—properties with this combination of location, income potential, and no flooding don't stay on the market for long.**
Location
State FL
County Sarasota
Community Sarasota-Venice Co River Sub
Area 34231 - Sarasota/Gulf Gate Branch
Zoning RMF2
Interior
Interior Features Ceiling Fans(s), L Dining
Heating Central, Other
Cooling Central Air
Flooring Ceramic Tile, Laminate, Other, Wood
Furnishings Unfurnished
Fireplace false
Appliance Dryer, Electric Water Heater, Range, Washer
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Courtyard
Community Features None
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Available, Underground Utilities, Water Available
View Y/N No
Water Access No
Roof Type Shingle
Exposure South
Garage false
Private Pool No
Building
Story 1
Entry Level Three Or More
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Well
Unit Floor 1
Structure Type Frame
New Construction false
Construction Status Completed
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Riverview High
Others
Pets Allowed Cats OK, Dogs OK
Senior Community Yes
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701229
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