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Ryan Ditmar

ryan@lineagere.com +1(407) 497-4717

$ 799,900

Est. payment | -/mo

8 Beds

4 Baths

1,792 SqFt

Save Virtual Tour

$ 799,900

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

1,792 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $446

Subdivision Desoto Terrace

MLS Listing ID A4701502

Bedrooms 8

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,504

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

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!

Location

State FL

County Sarasota

Community Desoto Terrace

Area 34234 - Sarasota

Zoning RMF4

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Range, Refrigerator

Laundry Inside, Laundry Room

Exterior

Exterior Feature Courtyard

Parking Features Covered, Ground Level

Pool In Ground

Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Other

Garage false

Private Pool Yes

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Schools

Elementary Schools Emma E. Booker Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701502

Listed by Bob Moffatt MICHAEL SAUNDERS & COMPANY

NEARBY SCHOOL & BUSINESS

+1(407) 497-4717

ryan@lineagere.com

9209 Reymont Street, Orlando, FL 32827, United States

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3509 NORWOOD CT Sarasota, FL 34234