$1,399,000
$1,399,000
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3,541 SqFt
SOLD DATE : 10/22/2021
Key Details
Sold Price $1,399,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,541 sqft
Price per Sqft $395
Subdivision Acreage & Unrec
MLS Listing ID A4505783
Sold Date 10/22/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1978
Annual Tax Amount $4,774
Lot Size 0.920 Acres
Acres 0.92
Property Description
Hard to find cash flowing, income opportunity CLOSE TO THE BEACH BUT NOT IN A FLOOD ZONE! There are 4 individual properties totaling 5 total units comprising: 2-2b/1ba and 3-1b/1ba. (addresses:509, 529 & 601 Shore Rd and tax parcel 0168160039) This is a multifamily zoned .25acre lot with potential to build additional units. It recently appraised at $200k and is included in this price. These vacation rental properties are all well established with glowing reviews on Airbnb with over 100 - 5 star reviews and VRBO with repeat guest stays. The owners website generates direct bookings and is fully set up. Seller will provide the professional photography and other marketing materials for you to take over with ease. More than $74,000 reservations on the books. Desirably located where renters pay to be, 1/2 a mile, 10 min walk or short bike ride to the beach and close to shops, restaurants and the Legacy Trail. Very secure and private resort feel. The salt water pool is located in the center for all guests convenience, it is completely screened in as a stand-alone pool with a paver patio and a sun shelf for lounging inside the pool. Heated for year round enjoyment. All units have been updated and have laundry use available. Each one is decorated in its own coastal theme and fully furnished. 4 have a private screened lanai and 1 has an open patio with a waterfall feature. Easy check-ins with keyless entry. Guests enjoy high-speed internet, free use of beach towels, chairs, umbrellas, bicycles, and bbq's. Great investment opportunity to produce income whether you have a property manager or want to live in one and run your own business while living the wonderful Florida lifestyle! So much potential for growth. Call/text for showings or more information!
Location
State FL
County Sarasota
Community Acreage & Unrec
Zoning RMF1
Rooms
Other Rooms Attic
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Flooring Laminate, Tile, Tile, Vinyl
Furnishings Furnished
Fireplace false
Appliance Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
Laundry Inside, In Garage, Laundry Room
Exterior
Exterior Feature Fence, Hurricane Shutters, Lighting, Outdoor Grill, Sidewalk
Parking Features Guest
Garage Spaces 2.0
Pool Heated, In Ground, Lighting, Salt Water, Screen Enclosure
Community Features Pool
Utilities Available BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Street Lights, Underground Utilities, Water Available, Water Connected
View Pool
Roof Type Metal,Shingle
Porch Covered, Enclosed, Screened
Attached Garage true
Garage true
Private Pool Yes
Building
Lot Description In County, Level, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block,Stucco,Wood Frame
New Construction false
Construction Status Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with COLDWELL BANKER REALTY
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