Contacts
The Multifamily Firm
Property Details
- Property Type Multi-Family
- Property Size 1,696 SF
- Units 3
- Lot Size 0.13 Acre
- Year Built 1981
- Date Updated Sep 29, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Attractive 7.60% Year 1 Cap Rate Based on Conservative Underwriting
- Central Sarasota Location Offering Convenient Access to Siesta Key, Area Beaches, Dining, Shopping & Major Sarasota Demand Drivers
- Dedicated On-Site Parking Plus Inviting Fenced Rear Common Area w/ Outdoor Seating, Mature Shade Trees & String Lighting
- Established Furnished-Rental Offering w/ Strong Airbnb Operating History & Guest Review Track Record
- Extensively Updated Interiors w/ Renovated Kitchens & Bathrooms, Updated Flooring, HVAC Improvements, New Entry Doors, Recessed Lighting & Additional Upgrades
- Favorable Seller Financing with 75% LTV & Below Market Rate, Producing 14% Cash-on-Cash Return Year 1
- Single-Building Masonry Construction w/ Three Separately Accessed Furnished-Rental Spaces
- Strong Historical Furnished-Rental Performance Averaging Approx. $102K in Annual Revenue (20242025)
Getting around
-
28/100
Walk Score ®
-
42/100
Bike Score ®
Location
- City Sarasota, FL
- Neighborhood Sunset
- Zip Code 34233
- Market Southwest Florida Coast
Points of Interest
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Sunoco
0.99 miles
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Marathon
1.01 miles
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Exxon
1.17 miles
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RaceTrac
1.18 miles
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7-Eleven
1.19 miles
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Save-On
1.56 miles
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Tesla Supercharger
2.15 miles
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FPL EVolution
2.37 miles
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Tesla Destination Charger
6.09 miles
-
ChargePoint
7.00 miles
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Best Buy
2.45 miles
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Westfield Southgate
2.47 miles
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Publix
2.63 miles
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South Parking Garage
3.16 miles
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Waldemere Parking Garage
3.31 miles
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West Garage
3.32 miles
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North Parking Garage
3.36 miles
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Public Beach Access 5
4.45 miles
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State Street Parking Garage
4.49 miles
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Celery Fields Parking Lot
4.61 miles
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Comfort Suites Sarasota-Siesta Key
1.95 miles
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Holiday Inn Express & Suites Sarasota East - I-75
2.45 miles
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Days Inn Sarasota I-75
2.65 miles
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Carlisle Inn
2.68 miles
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Hibiscus Suites
2.79 miles
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Hampton Inn Sarasota - I-75 Bee Ridge
2.85 miles
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Baymont Sarasota
3.25 miles
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Home2 Suites Sarasota I-75 Bee Ridge
3.40 miles
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Siesta Sun Beach Villas
3.51 miles
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Homewood Suites by Hilton Sarasota
3.59 miles
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Big Lots
0.85 miles
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Publix
0.86 miles
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Walmart Neighborhood Market
0.89 miles
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Winn-Dixie
1.04 miles
-
TJ Maxx
1.70 miles
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Bealls Outlet
2.27 miles
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Marshalls
2.28 miles
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Bealls
2.33 miles
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Ross
2.33 miles
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Trader Joe's
2.34 miles
The Multifamily Firm