$574,000

Description

Virtually Staged. Great opportunity to own an income-producing duplex in Sarasota. Located on a dead-end street, this property offers two separate 3-bedroom, 2-bath units with solid block construction and a durable metal roof. Each unit features tile flooring, an in-unit washer and dryer, a screened-in lanai, and fenced backyard space. The property also offers additional parking with room for trailers, adding even more flexibility for tenants. Current rental numbers are $4,800 per month bringing the cap rate to 8%. Lease both units for rental income or occupy one while generating income from the other. Conveniently located just off Tamiami Trail with easy access to University Parkway, Sarasota-Bradenton International Airport, The Ringling, New College, downtown Sarasota, and Bradenton. Shopping, dining, major employers, and everyday conveniences are all nearby, making this a practical option for long-term rental use. With no HOA, two separate units, fenced outdoor space, additional parking, block construction, and a metal roof, this property offers a solid opportunity for an investor looking to add a Sarasota duplex to their portfolio.