428 Simmons Avenue

    Sarasota, FL 34232
    • $935,000
    • STATUS: Active
    • ON SITE: 175 days
    • MLS #: A4448917
    UPDATED: 63 min ago
    $935,000
    • 0
      BEDS
    • 0.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    The property consists of 10 total units, in 5 buildings, on 1 parcel of land. Conveniently located just North of Fruitville Road, between Interstate 75 and downtown Sarasota, residents are within close proximity of major retail corridors, and employment centers. Given its proximity to Downtown Sarasota, the property is situated in a desirable sub-market and thus has significant upside to increase rents with minimum updates.

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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 2020-04-09T18:40:01.227.
    www.armelrealestate.com/homes/100001575

    428 Simmons Avenue Sarasota, FL 34232

    • Price: $935,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: A4448917
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.95
    Acres
    6,000
    SQFT
    $156
    $/SQFT
    1954
    Built
    Neighborhood:
    Simmons Sub
    County:
    Sarasota
    Area:
    Sarasota/Fruitville
    Property Description
    The property consists of 10 total units, in 5 buildings, on 1 parcel of land. Conveniently located just North of Fruitville Road, between Interstate 75 and downtown Sarasota, residents are within close proximity of major retail corridors, and employment centers. Given its proximity to Downtown Sarasota, the property is situated in a desirable sub-market and thus has significant upside to increase rents with minimum updates.
    Exterior Features

    Carport Yn No Construction Materials StuccoWood Frame Exterior Features Other Lot Size Dimensions 170 X 243 Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S) Fireplace Yn No Heating Wall Units / Window Unit Sewer Septic Tank Water Source Well

    Property Features

    Additional Parcels Yn No Annual Expenses 30565 Annual Net Income 70824.00 Association Yn No Cdd Yn No DPR No Est Annual Market Income 120480.00 Flood Zone Code X Garage Yn No Lease Term 12 Months Listing Terms Other New Construction Yn No Property Sub Type Multi-Family Realtor Info Brochure AvailableNo Sign Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Simmons Sub Tax Annual Amount 7877.00 Tax Year 2019 Total Num Buildings 5 Utilities Other Zoning Rmf2


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of The Multifamily Firm Llc.



    © 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 2020-04-09T18:40:01.227.
     
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