4 bedroom house for sale

$3,545,000 - Sarasota FL 34242

Sarasota FL 34242

4 bedroom house for sale

  • Beds: 4
  • Baths: 3
  • Price: $3,545,000
  • Reference No.: 71892575
  • Area: 1,803 sqft
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Overview

Presenting an exclusive opportunity on Siesta Key Beach an exceptional duplex for your consideration. This is situated directly on Beach Road, boasting a consistent income stream. It can be retained as a lucrative investment or transformed into a grand three-story duplex with the potential for even greater returns. This massive income producing duplex is tucked away on a peaceful cul-de-sac, this property is divided into two separate units: a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. Included is an already preapproved plan with permits paid and engineered drawings approved to enclose the bottom garage area, adding an additional 2, 000 square foot of space. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, and built-ins. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, 2 private hot tubs, 2 tiki huts and a large heated pool. Entire in-house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home brought in over $386, 000 gross in last 12 months. Gross cap rap is at 11%. This is unheard of on such a great property that will continue to grow in value. For more details and to contact: https://realtyww.info/homes_sarasota-d523464/for-sale_i71892575

Location

Sarasota FL 34242

4 bedroom house for sale

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This House for sale is located at Sarasota FL 34242. The home has 4 Bedroom and 3 Bathrooms. This 4 bedroom House in Sarasota FL is for sale for $3,545,000 .

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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


2024-05-16, Viewed 1 times.