Residential Property - Single Family Residence in Sarasota
Listing Price: $875,000 (Mortgage Calculator →)Cumulative Days on Market: 204
Description of Property
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 décor, 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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Homecroft
Bedrooms: 5
Bathrooms: 4
Sq. Ft. Gross: 2,643
Sq. Ft. Living Area: 2,643
Cost per (heated) sqare foot: $331
Year built: 1945
Annual Tax: $9,165
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Tile
Schools
Elementary School: Southside Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Exterior Features: Rain Gutters
Floors Total: 2
Floors in Unit: Two
Cooling: Zoned
Heating & Fuel: Wall Units / Window Unit
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.14
Lot Size (sq. ft.): 6,072 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0055010063
Zoning: RSF4
Tax Legal Desc.: LOT 2, BLK H, LESS SLY 30 FT THEREOF, HOMECROFT
Section: 28
Range: 18E
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.