TURNKEY 4-UNIT INCOME PROPERTY in HIGH-DEMAND PINECRAFT - 8%+ CAP RATE & $100K+ GROSS INCOME POTENTIAL! Attention Investors & Airbnb Hosts! This rare, fully permitted 4-unit property in the heart of Sarasota is a proven cash-flow machine, delivering a projected annual gross income of nearly $100K and an 8%+ cap rate. Situated in the high-demand Pinecraft neighborhood, this turnkey investment is fully furnished and rental-ready, offering immediate income with bookings already in place. PROPERTY HIGHLIGHTS: -Four income-producing units – a main home with a separate loft plus two standalone cottages, maximizing rental potential. -Offered fully furnished with $40,000+ worth of included furniture, TVs, kitchenware, and décor, allowing seamless ownership. -Meticulously renovated with high-end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring. -Impact windows (all but two) & 9-year-old roof, ensuring long-term durability and energy efficiency. -Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests. -Spacious covered front porch adding charm and curb appeal to the main home. -Dedicated on-site parking – a premium feature that enhances guest convenience. -Separate laundry room, an essential amenity for short-term and long-term renters alike. PRIME LOCATION & ENDLESS INVESTMENT POTENTIAL: -Proven short-term rental success with strong occupancy rates and room to increase revenue. -Perfectly positioned near Yoder’s Deli, Der Dutchman Restaurant, and Pinecraft Park, offering guests easy access to local favorites. -Portfolio expansion opportunity with additional units available for purchase. This property is an investor's dream, a rare find in Sarasota’s booming rental market. Whether you’re looking to scale your short-term rental portfolio or secure a high-yield, hands-off investment, this is an opportunity you don’t want to miss. Schedule your private showing today!
Berkshire Hathaway HomeServices
Florida Realty
3192 Fruitville Rd, Sarasota, FL 34237
Listing Broker: REAL BROKER, LLC
Last Changed: Monday 10th of March 2025 11:50:08 AM
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