For Sale
$1,125,000

1677 4Th StSarasota, FL 34236

Charming 4-unit rental property, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a four-unit multifamily property nestled in the heart of Downtown Sarasota, Florida. The property comprises two buildings, each two stories high, encompassing a total of 2,690 square feet on a 0.228-acre lot. The main house boasts a classic 2-bedroom, 1-bathroom layout, complemented by three additional studio apartments, offering diverse rental income streams. Desirable features include original hardwood flooring, a brick fireplace in the main house, a welcoming front porch, and lush tropical landscaping creating a tranquil oasis. Recent upgrades include a new metal roof installed in 2021 on the rear building and 2022/2023 on the front. The property's DTN zoning allows for flexibility and potential future development. Its convenient location places it within walking distance of Gillespie Park and a plethora of shopping, dining, and entertainment options. Nearby attractions include Bayfront Park, Marina Jack, Main Street, the Van Wezel Performing Arts Hall, and Sarasota Bradenton International Airport. This property is being offered as part of a larger package, including a separate listing at 1663 4th St. The combined package offers a total of six units. The APN is 2026-10-0074, and the property is offered fee simple. This is a rare opportunity to acquire a well-maintained, income-generating property in a highly sought-after location.

Highlights

  • $1,125,000 asking price for a multifamily property in Sarasota, FL.
  • Two-building, two-story property totaling 2,690 square feet on a 0.228-acre lot.
  • Four units: a 2/1 main house and three studio apartments.
  • Features include a brick fireplace, original hardwood floors, and a metal roof (2021/2023).
  • Located in Downtown Sarasota near Gillespie Park, offering walkability to shopping, dining, and attractions.
  • Zoned DTN; fee simple ownership.

Property Details for 1677 4Th St

Property type
Residential income homes
Square Feet
2,690 SF
Buildings
2
Stories
2
Lot Size (sq. ft)
9,932 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.339881
Longitude
-82.5367171
1677 4Th St, Sarasota, Florida

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1677 4Th St
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