$400,000

Description

SARASOTA INCOME PROPERTY | 0.57 ACRES | TENANT-OCCUPIED INVESTMENT An opportunity to acquire an income-producing Sarasota rental property situated on an expansive 24,960-square-foot parcel (approximately 0.57 acres) in the Kensington Park area. 3006 N Oriente Avenue combines existing rental income, generous land area and long-term investment potential in an established Sarasota location. Conveniently situated near Lockwood Ridge Road, University Parkway, University Town Center (UTC), downtown Sarasota, shopping, dining and the Gulf Coast beaches. CURRENT RENTAL INCOME: Tenant-occupied with seller-reported gross rental income of $2,850 per month ($34,200 annually). An attractive opportunity for investors seeking an established rental property with income already in place. The oversized parcel offers substantial outdoor space and potential flexibility for future improvements, subject to applicable zoning, permitting and governmental approvals. INVESTMENT HIGHLIGHTS: 0.57-acre parcel | 24,960 SF lot | $2,850 monthly seller-reported gross rental income | Tenant occupied | Established Sarasota location | Convenient access to UTC and downtown Sarasota. Whether seeking a Sarasota investment property, income-producing residential real estate or a long-term rental holding, this offering warrants consideration. Property is offered subject to existing tenancy. Buyer to independently verify rental income, leases, property configuration, permitted uses, zoning, development potential and applicable requirements with Sarasota County and relevant authorities.