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2016 5TH ST Sarasota, FL 34237
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Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,058 sqft
Price per Sqft $237
Subdivision Inwood Park First Addition
MLS Listing ID A4512993
Sold Date 12/30/21
HOA Y/N No
Year Built 1976
Annual Tax Amount $5,060
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 62x105
Property Sub-Type Quadruplex
Property Description
Fantastic investment opportunity to own 4 units less than a mile from Main Street in Downtown Sarasota! Each unit offers 2 bedrooms and 1 bath for a total of 8 bedrooms and 4 baths included in the sale of this property. Concrete block construction on a concrete slab. Updates include the exterior being freshly painted with a newer metal roof that was put on in 2011. Located in the city limits with no deed restrictions, short term weekly rentals would be allowed in accordance with the city code. .7 miles from Main Street and Downtown Sarasota with restaurants, shopping, arts and more, .5 miles to Gillespie Park, 1.5 miles to Sarasota Memorial, 4.5 miles to the airport, 4.5 miles to Lido Key Beach. The chance to own multiple units this close to everything Sarasota has to offer rarely comes available. In the path of progress for development, don't miss out on an opportunity to own sought after multi-family property right by growing Downtown Sarasota. Take advantage of the opportunity to purchase this property along with A4511894 and A4511863 as a package. All 3 listings equate to 8 units. For information on current leases in place please text or call. Call today, this amazing property won't last long!
Location
State FL
County Sarasota
Community Inwood Park First Addition
Zoning DTE
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen
Heating Central
Cooling Central Air
Fireplace false
Laundry None
Exterior
Exterior Feature Other
Parking Features Open
Utilities Available Cable Available, Electricity Available, Electricity Connected, Public
View City
Roof Type Metal
Garage false
Private Pool No
Building
Lot Description City Limits, Near Marina, Near Public Transit
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Tuttle Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with HARRY ROBBINS ASSOC INC