UPDATED:
11/23/2024 10:58 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $603
Subdivision Lido Beach Div B 3
MLS Listing ID A4611965
Bedrooms 8
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $19,591
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Discover a rare gem one street over from the stunning Lido Key Beach, nestled in the vibrant heart of Sarasota. Renowned for its emerald green waters and family-friendly atmosphere, Lido Key Beach offers exceptional amenities, including a pool and a pavilion serving food, beer, and wine. This lovely Mediterranean-style building comprises FOUR 2-bedroom, 2-bathroom apartments, each currently rented on an annual basis. The two-story quadplex is perfectly positioned for easy access to the famous St. Armand's Circle and downtown Sarasota, making it a top choice for both locals and tourists. Renters are drawn to the area for its proximity to premier shopping, dining, and entertainment options. The property has been meticulously maintained. Each unit boasts a clean aesthetic, with split layout living spaces. Exterior amenities include a seating area, one parking spot per unit and two additional guest parking spots. Currently in good condition, the building is offered as-is and is available for cash buyers only. No seller financing. Don't miss this incredible investment and/or 1031 exchange opportunity in one of Sarasota's most sought-after locations. Act quickly—this property won't last long!
Location
State FL
County Sarasota
Community Lido Beach Div B 3
Zoning RMF2
Interior
Interior Features Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Laminate
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Laundry Laundry Room, Outside
Exterior
Exterior Feature Courtyard, Fence, Outdoor Grill
Utilities Available Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Public, Water Available
Waterfront false
Roof Type Tile
Garage false
Private Pool No
Building
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Southside Elementary
Middle Schools Booker Middle
High Schools Sarasota High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None