$1,075,000

Duplex In Sarasota

  • 8 Beds
  • 8 Baths
  • 3,172 Sqft
  • 14,500 Sqft lot
  • Updated: July 30
  • Source:
    Stellar MLS  MLS#A4701436

About the Property

Virtually Staged. Cash flow in paradise! This is a great Sarasota investment opportunity featuring two side-by-side duplexes with four rentable units sold together as one package, tucked on a quiet street just minutes from the sugar sand of Siesta Key and across the way from the newly updated Landings Plaza with its new shops and restaurants. Whether you are growing a portfolio or making your firs
Virtually Staged. Cash flow in paradise! This is a great Sarasota investment opportunity featuring two side-by-side duplexes with four rentable units sold together as one package, tucked on a quiet street just minutes from the sugar sand of Siesta Key and across the way from the newly updated Landings Plaza with its new shops and restaurants. Whether you are growing a portfolio or making your first multifamily move, the expensive work is already done here, leaving a true turnkey asset of solid one-story block construction with tastefully renovated units and updated major systems throughout. Both buildings received brand new roofs in 2024, fully permitted, complete with sealed roof decks and third-nail wind mitigation retrofits, and current wind mitigation reports are in hand that may help qualify for insurance premium reductions. Upgrades since 2023 also include new electrical panels in all four units, full attic ductwork replacement, a new A/C in one unit, cast-iron drain line remediation, and kitchen and bath remodels in select units. Each unit offers 2 bedrooms, a full bath, and a convenient half bath located in the primary bedroom, along with a private entrance, in-unit washer and dryer, wood-look luxury vinyl plank flooring, ceiling fans, generous storage, and its own yard space with off-street parking beneath mature mango and shade trees. With the Landings Plaza at the doorstep, the Gulf Gate corridor, the Legacy Trail, and the beaches all minutes away, year-round rental demand takes care of itself. The duplexes sit on two separate tax parcels but are offered together as a package only and will not be sold individually. Capital improvements summary, wind mitigation reports, and closed roof permits available. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
  • Property type

    House

  • Year built

    1974

  • Price/sqft

    $338

Features

  • Garden
  • Duplex
  • Investment Property
  • Renovated
  • Washer Dryer
  • Air Conditioning
  • Parking

Explore the Area

2047 & 2051 FIESTA DRIVE, Sarasota, Florida, United States View on Google Maps
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KW COASTAL LIVING III - Sarasota

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KW COASTAL LIVING III - Sarasota
Florida, United States
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7
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2026
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KW COASTAL LIVING III - Sarasota
Sarasota, Florida, United States
View agency profile
Last updated
July 30
First listed
Jul 30
Listing reference
A4701436
Listing status
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