1677 4th St - Apartments FOR SALE


Sarasota, FL 34236
$1,125,000 USD
941-374-7426
1677 4th St, Sarasota, FL for Sale
$1,125,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

1677 4th St
Sarasota, FL 34236


HIGHLIGHTS

  • Tropical paradise setting with bamboo
  • Lush landscaping
  • Walk to downtown Sarasota
  • Airbnb potential
  • Live here and manage studio appartments and property next door
  • Two properties being sold together. See 1663 4th St. listing

OVERVIEW

INVESTOR ALERT! This opportunity does not come along often! Located in one of the most charming neighborhoods in DOWTOWN SARASOTA!Gillespie Park is within walking distance to all that Downtown has to offer. A plethora of shopping/dining options and a short distance to BayfrontPark, Marina Jack, Main St., Van Wezel, the Airport and much more! This parcel includes a 2/1 main home plus 3 studio apartments - 4 Units total - endless opportunities await! Units offer classic charm, including a brick fireplace in the main home, front porch, original hardwoodflooring, Florida landscape, and more. New Metal Roof in 2021 for the back building and 2022/2023 for the front! Outside is a tropical oasis with lush landscaping, bamboo and great character. Zoned DTN. Reach out today for more information on this incredible opportunity and to see foryourself. NOTE. This property is being offered as a package along with 1663 4th St. for an additional $849,000. See separate listing.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

4

PRICE/UNIT

$281,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gillespie Park Tropical Paradise 2

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

DTN

APN/PARCEL ID

2026-10-0074

ASK ABOUT THIS PROPERTY

Rico BoerasHarry E Robbins AssociatesMore Info
941-374-7426

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Rico BoerasHarry E Robbins AssociatesMore Info
941-374-7426

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.