Homes for sale - 2164 8TH ST, Sarasota, FL 34237

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Shae Green

shaesellstampa@gmail.com +1(727) 625-0350

$ 878,000

Est. payment | -/mo

8 Beds

4 Baths

2,880 SqFt

Save Virtual Tour

$ 878,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

2,880 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $304

Subdivision Walpole Frank A

MLS Listing ID A4634438

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1973

Annual Tax Amount $4,426

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 50x130

Property Description

Your chance to own a 4 plex just north of downtown Sarasota! This block 4 plex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.

Location

State FL

County Sarasota

Community Walpole Frank A

Zoning DTN

Interior

Interior Features Other

Heating Electric

Cooling Central Air

Fireplace false

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by COASTAL CONNECTION REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 625-0350

shaesellstampa@gmail.com

3309 W Bay To Bay Blvd, Tampa, FL, 33629, USA

2164 8TH ST Sarasota, FL 34237