974 Tennessee Ln - Apartments FOR SALE


Sarasota, FL 34234
$695,000 USD
941-685-1228
974 Tennessee Ln, Sarasota, FL for Sale
$695,000 USD
Apartments - FOR SALE
1/44
null | 5.5% Cap Rate

974 Tennessee Ln
Sarasota, FL 34234


HIGHLIGHTS

  • Near SRQ Airport
  • Multiple nearby Universities
  • Fully Renovated

OVERVIEW

Turnkey investment opportunity located just 0.2 mi from Sarasota Bay in the established, lush Sapphire Shores neighborhood. This fully remodeled duplex, comprised of side-by-side 600SF one bedroom units with patios plus a spacious back yard, featuring new HVAC units, a new roof, new flooring, appliances, impact windows and entry doors and both units come fully furnished. This location is ideal for short-term or annual rentals and is conveniently situated just 0.4 miles to Ringling College of Art and Design, 1.8 miles north of downtown Sarasota, 2.1 miles from SRQ airport, 4.6 miles from Lido Beach and 9 miles to Siesta Key Main Beach.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$579 USD /SF

# OF UNITS

2

PRICE/UNIT

$347,500

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,462 SF

ZONING

RSF3

APN/PARCEL ID

2005-15-0056

ASK ABOUT THIS PROPERTY

Jason D'AgostinoPreferred Shore CommercialMore Info
941-685-1228

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Jason D'AgostinoPreferred Shore CommercialMore Info
941-685-1228

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