Seize an extraordinary investment opportunity with this stunning Mid century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3 bedroom, 2 bath main home alongside a delightful 1 bedroom, 1 bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open concept layouts. Indulge in your private bamboo grove and expansive backyarda canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasotas finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor
Seize an extraordinary investment opportunity with this stunning Mid century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3 bedroom, 2 bath main home alongside a delightful 1 bedroom, 1 bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open concept layouts. Indulge in your private bamboo grove and expansive backyarda canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasotas finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Rain Gutters
Flooring: Tile
Living Area: 2016.00
Roof: Shingle
Property Information
Property Condition: Completed
School Information
High School: Riverview High
Middle School: Brookside Middle
School Elementary: Phillippi Shores Elementary
Garage and Parking
Garage Spaces: 0.00
Parking Features: Driveway, Open, Oversized
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Appliances: Cooktop, Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
Country: US
Interior Features: Living Room/Dining Room Combo, Walk-In Closet(s)
Legal Description: E 74 FT OF LOT 9 & W 7 1/2 FT LOT 10, BLK D, SUBJ TO 925 SF UTILITY ESMT TO COUNTY AS DESC IN ORI 2003108705, HARBOR OAKS UNIT 2
NOT in a Flood Zone...and has been high and dry! $130k+ in updates over the last year. This stunning property, located in the charming neighborhood of Tropical Shores in Sarasota, Florida, offers an u
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