Take advantage of this turnkey business that is on pace to gross 250k for 2024! Property also has an assumable mortgage that is at 2.625% interest rate, (700k balance, would have to use cash or a purchase heloc for the difference. This newly renovated property is one of the very few duplexes on the island, so the occupancy is at almost 100%. The property has had many upgrades since 2021 including new roof, gutters, new turf, new pool, new pool pump + heater, $50k TREX deck in 2021, tankless water heater, newly expanded driveway and rocks, new appliances, (upstairs mostly 2021, downstairs appliances 2024 including washer and dryer), flood resistant PVC walls/baseboard downstairs that can withstand a flood, 2021 electric meter and wiring, new golf cart, brand new furniture downstairs, 2021 furniture upstairs. Pollywood outdoor furniture with 30 year warranty included. The pictures of downstairs are outdated, downstairs looks much better now. property is licensed with the city and seller will property manage(optional) for 15% fee if buyer would like. airbnb link: Https://www.airbnb.com/h/entireduplexami . the total cost of dwelling, wind, and flood insurance is 12k. Utilites are low. Upstairs unit is a 2bed/1.5 ba, downstairs is a 3bed /2 full ba. Property is in flood zone but this property is higher than most of the neighbors, so property has only ever flooded 1 time and now how preventitive measures such as the PVC walls to protect if it ever did happen again.
Berkshire Hathaway HomeServices
Florida Realty
3192 Fruitville Rd, Sarasota, FL 34237
Listing Broker: LOKATION
Last Changed: Wednesday 14th of May 2025 12:19:08 AM
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