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Description
Under contract-accepting backup offers. Value-add investment opportunity featuring two separate residential structures on an oversized 0.35-acre parcel in Sarasota. The property consists of a 2,456 SF duplex offering 4 total bedrooms and 2 bathrooms, along with a detached 1,628 SF single-family home featuring 2 bedrooms and 2 bathrooms - totaling 4,084 SF of building area. The layout provides flexibility for leasing both structures or owner-occupying one while generating rental income from the other.Both buildings require renovation and updates, presenting an opportunity to improve condition and increase value. The duplex roof was replaced in 2018, and the single-family roof was replaced in 2001. AC systems are 2006 (duplex) and 2001 (single-family). Situated on a large parcel with no HOA, the property offers multiple investment strategies and long-term potential. Property being sold as-is.Highlights:*Duplex: 4BR/2BA | 2,456 SF | Roof 2018 | AC 2006*Single Family: 2BR/2BA | 1,628 SF | Roof 2001 | AC 2001*Total Building Area: 4,084 SF*0.35-acre lot*Renovation opportunity*No HOA
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Electric, Ductless
Lot Size: 0.35 Acres
Roof Type: Metal, Shingle
Stories: 2.0
Taxes: $4,611
Year Built: 1920
General Information
Bedrooms: 4
Sqft: 3,388
County: Sarasota
Subdivision: PALM GROVE
Listed By:
Isaiah Miller
HARRY ROBBINS ASSOC INC
941-924-8346
MLS ID: A4681877
Amenities
High Ceilings
Living Room/Dining Room Combo
Fence
Private Yard
Rain Gutters
Sidewalk
Property Features
Additional Rooms: Bonus Room
Annual Net Income: 28593.00
Appliances: Microwave, Range, Refrigerator
Days on Site: 18
Directions: Head N on US-41, turn right on Myrtle St, turn left at the roundabout and drive N on Old Bradenton Rd, turn right on 42nd St, property is on the Right
Exterior: Asbestos, Frame, Wood Siding
Fireplace: Non Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Concrete, Other
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Corner Lot
Lot Dimensions: 0.35
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Combination Lock Box, Lockbox, See Remarks, ShowingTime
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected, Sewer Connected, Water - Multiple Meters, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF3
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4122 Old Bradenton Road, Sarasota, FL 34234.
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Estimated Payment
$ 2,033.27 per month $1,517.77 Principal & Interest $384.25 Property Tax $131.25 Homeowner's InsuranceChange Payment Information
About this area
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.”