Residential Property - Single Family Residence in Sarasota
Listing Price: $425,000 (Mortgage Calculator →)
Description of Property
**Turnkey Investment Opportunity!** This beautifully renovated 3-bedroom, 2-bath home is situated on an oversized 0.37-acre lot in the desirable Lockwood Meadows community. Currently tenant occupied, this property offers immediate rental income, making it an excellent addition to any investment portfolio. Inside, you'll find approximately 1,688 square feet of thoughtfully updated living space featuring a spacious living room, a separate den/flex room perfect for a home office or additional family room, and modern finishes throughout. The completely renovated kitchen boasts updated cabinetry, countertops, and fixtures, while both bathrooms have been tastefully remodeled. Major improvements include a newer roof, newer HVAC system, updated electrical, new flooring, fresh interior and exterior paint, updated lighting, modern fixtures, and contemporary finishes throughout, providing peace of mind and minimal future maintenance. The oversized lot offers exceptional outdoor space and added privacy, while the attached two-car garage provides ample parking and storage. Conveniently located just minutes from Downtown Sarasota, SRQ Airport, shopping, dining, schools, and the area's world-renowned Gulf Coast beaches. Whether you're looking for a turnkey investment with immediate cash flow or a beautifully updated home for future occupancy, this property is an outstanding opportunity. Tenant occupied. Showings by appointment only.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Lockwood Meadows
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 2,402
Sq. Ft. Living Area: 1,688
Cost per (heated) sqare foot: $252
Year built: 1982
Annual Tax: $1,282
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Concrete
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Slab
Roof: Shingle
Exterior Features: Sidewalk
Garage: Yes
Garage Spaces: 2
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,290 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: FHA
Parcel Number: 0042030011
Zoning: RSF2
Tax Legal Desc.: LOT 63 LOCKWOOD MEADOWS UNIT 1
Section: 16
Range: 18E
Listing courtesy of PURSUE OVERTAKE & RECOVER REALTY INC. 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.