2618 24TH ST, SARASOTA, FL 34234 Multi Family For Sale MLS# U8222600 $425000

Detailed Information

LISTED SITE
  • Type: Private

  • Price: $425,000

  • Location: Sarasota, Florida, FL

  • Address: 2618 24TH ST, FL

  • Zip: 34234

  • Bedrooms: 5

  • Bathrooms: 2

  • Size: 1475 square feet

  • Property size: 7255 square feet

  • Condition: Used

PRICE REDUCTION!

The Poinsettia Park Duplex is a concrete block constructed property situated in the center of Sarasota County. It has a highly desirable mix: one unit is 3/1 and the other unit is 2/1. The duplex includes carports, backyard space, each unit has its own private patio, and central A/C. The potential value-add on this property is approximately $250-$400 per unit. 2531 8th Ave W , Bradenton duplex and 1003 23rd Ave W, Sarasota duplex can also be purchased as a package.

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Presenting an extraordinary investment opportunity located only a short distance away from Downtown Sarasota, Pinecraft and the captivating beaches of Siesta Key.

This property holds tremendous potential as a top-tier turnkey short-term rental (Airbnb/VRBO) as well as a new construction development opportunity, making it a beacon for savvy investors.

With a total of 4 bedrooms, 3 full bathrooms and 2 living spaces, and one of the largest single-family residential parcels in the area, this property is a beacon of opportunity! Let s start with the house Currently utilized as a successful Short-Term Rental/Airbnb that grosses over $110k annually, the home was originally set up as 2 separate units, each with their own kitchen, laundry, and living spaces.

While renting each unit separately was successful, the owner quickly found that renting them together to larger groups was more profitable. Today the property primarily caters to multiple groups traveling together such as a family traveling with their in-laws or two families traveling

together who want the convenience of being together under one roof but the privacy of their own separate living spaces. With what s called communicating doors between the two units, the same type of door you would find between adjoining hotels rooms, we are able to provide both!

Available turnkey furnished, this unique asset is ready to start making you money on day one! Throughout the years, no maintenance expense was spared to ensure guests received a 5-Star experience every time. From installing PGT impact windows, which make it perfectly silent inside, to extra blown insulation in the attic to make sure the house stays nice and cool, the reviews speak for themselves. New roof in 2015,

new air conditioners in 2017 & 2023, new water heater in 2022.

(/rooms/41127020) (/1906542) Situated on 0.4 acres, the property was originally platted as 3 separate lots. Today the house currently sits on 2 of those lots with the 3rd being vacant land. Within 0.25 miles along Bahia Vista St new constructions homes are currently being offered between $799,000 to $1,300,000. Whether you want to keep the current vacant lot and build a pickleball court to increase rental revenue or subdivide it off and build a new single-family home, the possibilities are endless. Contact us today to seize a private tour and explore the immense possibilities that await at this unparalleled estate.

While the sources of this information are deemed to be reliable, the buyer and their agents are responsible for verifying all information, so do your homework and give us a call. You won t be disappointed. Make an offer today! MLS#: A4590462 Go to website: portal. /en-US/share/1038013J08981 The advertising agent is not the listing agent for the advertised on-market property on MLS. Showing Instructions: Appointment Only. Please get in touch with us for more information or to schedule a showing. Ralf-Michael Guensch, 27-State-Realty, Sarasota REALTOR Residential & Commercial Real Estate

AC

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