145 Cleveland Drive

    Sarasota, FL 34236
    • $1,040,000
    • STATUS: Active
    • ON SITE: 175 days
    • MLS #: A4448363
    UPDATED: 12 min ago
    $1,040,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,515
      SQFT
    • $414
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Incredible cash flow opportunity! Own a 4-unit investment property with historical charm just a half block to beautiful Lido Beach. Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2020 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. Seller will offer buyer support, including providing prior guest info, operational guidance, support staff, and referral of future inquiries. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armands Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace own a slice of Sarasota history! Sale includes all furnishings, dcor, kitchen supplies, linens, beach supplies. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars tandem).

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-04-08T22:39:28.657.
    www.armelrealestate.com/homes/99977879

    145 Cleveland Drive Sarasota, FL 34236

    • Price: $1,040,000
    • Status: Active
    • Updated: 12 min ago
    • MLS #: A4448363
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,515
    SQFT
    $414
    $/SQFT
    1968
    Built
    Neighborhood:
    Lido Beach Div B
    County:
    Sarasota
    Area:
    Sarasota
    Elementary School:
    Southside Elementary
    Middle School:
    Booker Middle
    High School:
    Booker High
    Property Description
    Incredible cash flow opportunity! Own a 4-unit investment property with historical charm just a half block to beautiful Lido Beach. Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2020 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. Seller will offer buyer support, including providing prior guest info, operational guidance, support staff, and referral of future inquiries. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armands Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace own a slice of Sarasota history! Sale includes all furnishings, dcor, kitchen supplies, linens, beach supplies. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars tandem).
    Exterior Features

    Carport Yn No Construction Materials BlockStuccoWood Frame Exterior Features BalconyFencedFrench DoorsLightingOutdoor GrillOutdoor ShowerRain GuttersStorage Foundation Details CrawlspaceSlab Lot Features FloodzoneIn City LimitsNear Public TransitStreet Paved Lot Size Dimensions 50X120 Parking Features CommonGuestOff StreetOpenTandem Pool Private Yn No Roof MetalShingle Water Access Beach - Public Water Access Yn Yes Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances DishwasherDisposalDryerElectric Water HeaterExhaust FanMicrowaveRangeRefrigeratorWasher Cooling Central AirWall/Window Unit(S) Fireplace Features Wood Burning Fireplace Yn Yes Flooring TileWood Heating BaseboardCentralElectricWall Units / Window Unit Interior Features Cathedral Ceiling(S)Ceiling Fans(S)Living Room/Dining Room ComboMaster Bedroom DownstairsStone CountersWindow Treatments Laundry Features Laundry ClosetOutside Levels Two Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 80000.00 Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Community Features Community Boat RampFishingParkPoolWater Access Disclosures Lead PaintSeller Property Disclosure DPR No Flood Zone Code Ae Garage Yn No Homestead Yn No Listing Terms CashConventional New Construction Yn No Pets Allowed Yes Property Condition Completed Property Sub Type Quadruplex Realtor Info Currently Leased Security Features Smoke Detector(S) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Lido Beach Tax Annual Amount 10069.00 Tax Year 2018 Total Num Buildings 2 Utilities Cable AvailableCable ConnectedElectricity Connected Zoning Rmf2


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Coldwell Banker Res R E.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-04-08T22:39:28.657.
     
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