Sarasota - Beach Property For Sale #6415283

Under contract-accepting backup offers. WELCOME INVESTORS! You'll appreciate the modern updates and a new 5V metal roof being installed in the next couple of weeks which will add to the charm of this amazing property! Perfect to add to your portfolio or a great opportunity if you are buying your first. You will discover a lucrative investment opportunity with this turnkey 4-unit property at 3504 Estrada Street in the heart of Sarasota's Pinecraft neighborhood. This fully permitted income property promises a projected annual gross income nearing $100K, making it a prime prospect for savvy investors.

The property features five bedrooms and four bathrooms across 2,201 square feet of beautifully renovated space, complemented by high-end finishes, updated kitchens and bathrooms, and upgraded flooring. The 6,072 square foot lot includes dedicated on-site parking, ensuring convenience for residents.

Each unit is offered fully furnished with a $40K inventory of furniture, TVs, kitchenware, and decor, ensuring a seamless transition for new owners. Tenants will enjoy amenities such as air conditioning, central heating, common laundry facilities, and private outdoor spaces. The property also boasts a spacious porch and access to a playground, providing a welcoming environment for residents.

Located close to local favorites like Yoder's, Der Dutchman, and Pinecraft Park, and just a short drive to Siesta Key Beach and Legacy Trail, this property offers guests a wealth of dining, shopping, and entertainment options. With proven rental success and room to boost revenue, this is a compelling opportunity for those seeking a hands-off, high-yield investment in a vibrant community.