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  4. 1335 40th Street, SARASOTA, FL 34234
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1335 40th Street
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PRICED AT ONLY: $949,000

Address: 1335 40th Street, SARASOTA, FL 34234

Description

Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother in Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!

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  • MLS#: A4688091 ( Residential )
  • Street Address: 1335 40th Street
  • Viewed: 9
  • Price: $949,000
  • Price sqft: $208
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 4555
  • Bedrooms: 6
  • Total Baths: 6
  • Full Baths: 6
  • Days On Market: 1

Description

Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother in Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outdoor Shower, Storage
  • Flooring: Other, Tile
  • Living Area: 3613.00
  • Other Structures: Additional Single Family Home, Guest House, Shed(s), Storage
  • Roof: Membrane, Other, Shingle
Land Information
  • Lot Features: Drainage Canal, City Limits, Landscaped, Oversized Lot, Paved
School Information
  • High School: Booker High
  • Middle School: Booker Middle
  • School Elementary: Tuttle Elementary
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Negotiable
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Window Treatments
  • Legal Description: LOTS 4, 5, 18 & 19, BLK G, PALM GROVE
  • Levels: Multi/Split
  • Area Major: 34234 - Sarasota
  • Occupant Type: Tenant
  • Parcel Number: 0026120058
  • Style: Other
  • View: Trees/Woods
  • Zoning Code: RSF3
Nearby Subdivisions
Amaryllis Park   Armstrong Acres   Barrington Woods   Bay Haven   Beverly Terrace   Braeburn   Broadway Court Of Indian Beach   Carver Park   Central Heights   Cocoanut Heights   Corwood Park   Desoto Acres   Desoto Terrace   Edgewater   Epsteins Add To Newtown   Ford Sub   Gracewater   Gracewater At Sarasota   Hampton Terrace At University    Highland Pines   Hillcrest Park   Indian Beach   Indian Beach Sapphire Shores   Indian Beach Map Of   Indian Beach Sub   Indian Shores   Leisure Lakes   Lenray Heights   Lockwood Meadows   Lorraine Park Rep Of Pt   Newtown   Newtown Estates   Newtown Farms   Newtown Heights   Newtown Heights First Add To   North Riverside Park   Not On The List   Owens Alan T   Palm Grove   Paul Josiah S Lands Of   Ravenwood   Royal Palm Villas   Sapphire Heights   Sapphire Shores   Sapphire Shores Resub   Sapphire Shores Resub Blk M   Sarasota Bay Park   Siplins Add   Spring Oaks   Summer Wind   Sunnybrook   Sylvan Shores   The Winds Of St Armands   Village Gardens Ph 1   Village Gardens Ph 3   Whitakers W H Prop  

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