Residential Property - Single Family Residence in Sarasota
Listing Price: $534,900 (Mortgage Calculator →)
Description of Property
Virtually Staged. TWO LIVING SPACES + $4,100/MONTH IN CURRENT RENTAL INCOME! A unique opportunity in Sarasota offering a beautifully updated main residence plus a private, separate-entry attached 1-bedroom, 1-bath in-law suite. The property is currently occupied by long-term tenants and generates $4,100 per month in combined rent. The main residence rents for $2,600/month, while the attached 1-bedroom suite rents for $1,500/month. The suite features its own private entrance, kitchen, living area, bedroom, bathroom and laundry, giving the property exceptional flexibility for rental income, multigenerational living, extended family, guests or a private work-from-home space. Inside, the home has been thoughtfully updated with modern finishes and offers a comfortable, move-in-ready interior. Outside, enjoy a spacious yard, mature trees and NO HOA, providing added flexibility for owners and investors alike. Located just minutes from Downtown Sarasota, shopping, dining, major roadways and everything Sarasota has to offer. Whether you’re looking for a primary residence with additional income potential, a multigenerational setup, or an investment property with established tenants already in place, this property offers something most homes in this price range simply do not: two separate living spaces and immediate income from day one. Tenant occupied. Please do not disturb tenants. Showings by appointment only. Photo digitally enhanced to remove personal property/clutter. No permanent property features altered.
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,079
Garage: No
Carport: Yes1 vehicles
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Lenray Heights
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 2,079
Sq. Ft. Living Area: 2,014
Cost per (heated) sqare foot: $266
Year built: 1978
Annual Tax: $4,772
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Sliding Doors
Carport: Yes
Carport Spaces: 1
Floors in Unit: One
Cooling: Zoned
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Corner Lot
Lot Size (acres): 0.33
Lot Size (sq. ft.): 14,520 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0043080065
Zoning: RSF3
Tax Legal Desc.: LOTS 25 & 26, BLK E, LENRAY HEIGHTS, BEING A PORTION OF LANDS DESC IN ORI 2017067671
Section: 17
Range: 18
Listing courtesy of PREFERRED SHORE 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.