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$400,000

3006 N Oriente Avenue Sarasota, FL 34235 • Residential - Single Family • Active

  • 3006 N Oriente Avenue , Sarasota, FL 34235 Main Photo

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Description

SARASOTA INCOME PROPERTY | 0.57 ACRES | TENANT-OCCUPIED INVESTMENTAn opportunity to acquire an income-producing Sarasota rental property situated on an expansive 24,960-square-foot parcel (approximately 0.57 acres) in the Kensington Park area.3006 N Oriente Avenue combines existing rental income, generous land area and long-term investment potential in an established Sarasota location. Conveniently situated near Lockwood Ridge Road, University Parkway, University Town Center (UTC), downtown Sarasota, shopping, dining and the Gulf Coast beaches.CURRENT RENTAL INCOME: Tenant-occupied with seller-reported gross rental income of $2,850 per month ($34,200 annually). An attractive opportunity for investors seeking an established rental property with income already in place.The oversized parcel offers substantial outdoor space and potential flexibility for future improvements, subject to applicable zoning, permitting and governmental approvals.INVESTMENT HIGHLIGHTS: 0.57-acre parcel | 24,960 SF lot | $2,850 monthly seller-reported gross rental income | Tenant occupied | Established Sarasota location | Convenient access to UTC and downtown Sarasota.Whether seeking a Sarasota investment property, income-producing residential real estate or a long-term rental holding, this offering warrants consideration.Property is offered subject to existing tenancy. Buyer to independently verify rental income, leases, property configuration, permitted uses, zoning, development potential and applicable requirements with Sarasota County and relevant authorities.

Property Highlights

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: Other
Lot Size: 0.57 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,808
Year Built: 1955

General Information

Bedrooms: 4
Bathrooms: 1 Full
Sqft: 1,167
County: Sarasota
High School: Booker High
Subdivision: ACREAGE & UNREC
Listed By:
Rex Glasson DOUGLAS ELLIMAN 941-867-6199

Amenities

Other
Other

Property Features

Appliances: Other
Directions: From N Lockwood Ridge Road, turn east onto Gocio Road. Turn right onto N Oriente Avenue and continue to 3006 N Oriente Avenue.
Exterior: Frame
Flood Zone Code: X
Flooring: Ceramic Tile, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.57
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Septic Tank
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Cable Available, Electricity Connected
Water: Well
Water Access Y/N: No
Zoning: RE2
$400,000
4beds
1.0baths
1,167sqft
New to the Market Active
BEDS4 BATHS1 full SQUARE FEET1,167 MLS#A4709575
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONACREAGE & UNREC

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3006 N Oriente Avenue , Sarasota, FL 34235.

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Estimated Payment

$ 1,783.13 per month $1,349.13 Principal & Interest $317.33 Property Tax $116.67 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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