$1,990,000
Description
Under contract-accepting backup offers. **FOURPLEX for Sale! - Prime Investment Opportunity in an Unbeatable Location AND NEW PRICE!** 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!
Listed by Norma Mladineo, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: A4611965
Room Information
| Flooring | Carpet, Ceramic Tile, Laminate |
| Laundry | Laundry Room, Outside |
| Total Baths | 8 |
| Total Beds | 8 |
Property Features
| Appliances | Dishwasher, Electric Water Heater, Range, Refrigerator |
| Construction Materials | Block, Stucco |
| Cooling | Central Air |
| Exterior Features | Courtyard, Outdoor Grill |
| Heating | Central, Electric |
| Interior Features | Walk-In Closet(s) |
| Interior Square Footage | 3,300 |
| Lot Size Acres | 0.14 |
| Lot Size Square Feet | 6,000 |
| Roof | Tile |
| Sewer | Public Sewer |
| Stories | Two |
| Water Source | Public |
| Windows | Blinds |