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$635,000

1610 & 1612 N Orange Avenue Sarasota, FL 34236 Multi Unit - Multiple Active

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Description

A compelling investment opportunity within Sarasota city limits and only one mile from Downtown. This side by side duplex features two matching 2 bedroom, 1.5 bath townhome style units that have been updated to attract quality tenants and support strong rental performance. Being located inside the city limits also allows weekly rentals if desired, giving investors valuable flexibility in their strategy. Each unit offers bright, modern interiors with durable tile flooring on the main level, upgraded kitchens with shaker cabinetry, stainless appliances, contemporary backsplash details, and clean finishes that keep future maintenance simple and predictable. The upstairs layout includes two comfortable bedrooms and a full bath, creating an efficient and easy to lease floor plan that works well for both long term and short term tenants. Both 1610 and 1612 enjoy fully fenced private backyards with one featuring a spacious grassy area with a dedicated patio setting, while the other includes a relaxed fire pit lounge framed by mature Florida trees. This separation gives each unit its own appeal and enhances the property's overall appeal. Parking directly in front of each entrance adds another convenience tenants appreciate and owners benefit from. With no association fees, modern updates, low maintenance features, and strong demand in the surrounding area, this duplex performs well as a straightforward income producing asset. Investors can maximize returns across both units, while those seeking flexibility have the option to live on one side and lease the other. A turn key opportunity in a highly desirable location near parks, cultural venues, Sarasota's waterfront, and the downtown core. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.23 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,887
Year Built: 1981

General Information

Bedrooms: 4
Sqft: 1,920
County: Sarasota
High School: Booker High
Subdivision: WALKERS
Listed By:
Toni Zarghami KW COASTAL LIVING III 941-900-4151

Amenities

Living Room/Dining Room Combo
Window Treatments
Fence
Fire Pit
Lighting
Rain Gutters

Property Features

Annual Net Income: 50000.00
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 88
Directions: From I-75, take Exit 210 (Fruitville Rd.) and follow to US-301. Turn right onto Washington Blvd. (US-301), then follow and turn left onto 17th St. Turn left onto N. Orange Ave. and then make first left into parking lot of property.
Exterior: Stucco, Wood Siding
Flood Zone Code: X500
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Lot: City Limits, Landscaped
Lot Dimensions: 0.23
Other Equipment: Fire Pit
Other Structures: Shed(s)
Ownership: Fee Simple
Parking: Common, Open
Parking Notes: Common, Open
Patio/Porch: Patio
Pets Allowed: Yes
Pets Restrictions: *Information to be verified by buyer/buyerâ??s agent.
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Windows: Window Treatments
Zoning: RMF2
$635,000
4beds
1,920sqft
Active
BEDS4 BATHS SQUARE FEET1,920 MLS#A4673957
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWALKERS

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1610 & 1612 N Orange Avenue, Sarasota, FL 34236.

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Estimated Payment

$ 2,817.54 per month $2,141.75 Principal & Interest $490.58 Property Tax $185.21 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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