Triplex in the Heart of Sarasota!

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30832641
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 3 Units
Building Size (RSF): 2,169 SF
Gross Building Area: 2,582 SF
Gross Land Area: 11,400 SF
Sale Price: $625,000
Unit Price: $208,333.33 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,169 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/3/2023

Overview / Comments

Buyer's Financing Fell Thru...Take Advantage of their Loss with Opportunity! This Property has been rented for over 20 years to the same tenants for most of that 20 years! It is now vacant for selling purposes. The rent rolls would not be adequate as they were severely under leased for years! There is a 2/1, a 1/1 and a 1/1 almost efficiency type with a rear entry. This property is located in a quiet non-deed restricted neighborhood with a large lot that has a fabulous backyard! The property is clean but somewhat in a time warp with updating.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0068050015
Zoning: RESIDENTIAL MULTIFAMILY
Percent Occupied: 0%
Property Located Between: Bee Ridge and Wilkerson off MacIntosh
Highway Access: Approximately 4 Miles West of I-75.
Airports: Sarasota/Bradenton Intl Airport 30 minutes, Tampa Intl 1 hour
Site Description: Old Florida Setting with many indigenous plants naturally growing as well as flowering trees, pines and palms!
Area Description: Great location in middle of Sarasota with Shopping, Eateries and Recreation all around and let's not forget the Sarasota Beaches which are World Renown!
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 1
Year Built: 1979
Construction/Siding: Block
Exterior Description: Fenced in Backyard, 4545A has a nice covered entry with Garage, 4545B has a rear entry with a gorgeous backyard view and 4547 has
Parking Type: Surface
Parking Description: One Single Car Garage and 4 Off Street Spaces in Front of the Property
Total Parking Spaces: 5
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable
Interior Description: Unit 4545A has a New Washer/Dryer in the Laundry Area off the Garage. Unit 4547 has a New Washer/Dryer in the Unit in a Laundry Room. Unit 4545B does not have any. All Units have the Kitchen appliances.
Zoning Description: Zoned for residential multi family
Lot Frontage: 76
Lot Depth: 150
Water Service: Municipal
Sewer Type: Septic
Land Ownership: fee simple
Legal Description: Com SW Cor of Tract 4 th E 426 ft for POB th N-0-28-45-E 150 Ft th E 76 ft to POB being part of tract 4 Blk 2 Bee Ridge Farms

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,457 92,351 171,024
Median Age: 46.69 47.87 48.12
Households: 5,620 41,505 77,639

Contact

Photograph of Listing Agent

Lisa M Blakeley

BLAKELEY & ASSOCIATES REALTY
MFCRE Member
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