*****DUPLEX*****Rare Income Opportunity in a Newly Expanded Duplex in Sarasota
This newly expanded duplex in Sarasota offers an exceptional income opportunity for investors or homeowners looking for income on the side! Located on a plush landscaped lot within the city, both sides of the duplex can be rented on a weekly basis. In the hot neighborhood of Alta Vista near Sarasota High School and the newest extension of the Legacy Trail just down the road you truly are in the heart of it all. 4.8 Miles to Lido Beach, 6 miles to Siesta Key Beach, 1.8 Miles to Marina Jacks and 5.5 Miles to Sarasota/Bradenton International Airport.
The duplex has undergone major upgrades, transforming from a 1/1 on each side to a newly reconfigured split floor plan with two bedrooms and two bathrooms. Each unit features a new primary bedroom with an ensuite, walk-in closet, and impact windows. The bedrooms are spacious, with king-size beds, dressers, side tables, and TVs.
The kitchens have a new pass-through window to the great room, creating a more open feel. Both units have their own washer and dryer and come fully furnished. Other updates completed in the past year include a connection to city sewer double macerator pumps, new central HVAC, and new water heaters.
The rental income potential is outstanding, estimating approximately $81.5k with an 85% occupancy rate when doing weekly rentals - and that's without any seasonal bump. The property was listed on VRBO in mid-December of 2022, and both sides were booked solid through April. The bookings stopped only for the seller to use one side and to let the new owner decide how they want to use it.
Similar properties in the area with two bedrooms and one bathroom are renting for $2,500/month per unit on an annual basis. The duplex includes attachments detailing all upgrades, and the seller is available to answer any questions or provide virtual walk-throughs. Don't miss this rare opportunity to invest in prime Sarasota real estate. 2275BrowningDr.com
Location not available
Listing
Street
Satellite
Exterior Features
Construction Single Family Residence
Siding Block, Concrete
Exterior Shed(s)
Roof Metal
Garage No
Water Public
Sewer Public Sewer
Lot Description City Limits, Landscaped, Private, Sidewalk, Street Dead-End, Private
Interior Features
Appliances Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Heating Central
Cooling Central Air
Basement Slab
Year Built 1957
Neighborhood & Schools
Subdivision POMS PARK 3
Elementary School Alta Vista Elementary
Middle School Brookside Middle
High School Sarasota High
Financial Information
Parcel ID 2034060025
Zoning RMF2
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.