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bedrooms
bedrooms
5
bathrooms
bathrooms
0
square feet
square feet
2,201
acreage
Acreage
0.14
open houses
Open Houses
-
year built
year built
1945
full baths
Full Baths
0
half baths
Half Baths
0
TURNKEY 4-UNIT INCOME PROPERTY in HIGH-DEMAND PINECRAFT - 8%+ CAP RATE & $100K+ GROSS INCOME POTENTIAL! Attention Investors & Airbnb Hosts! This rare, fully permitted 4-unit property in the heart of Sarasota is a proven cash-flow machine, delivering a projected annual gross income of nearly $100K and an 8%+ cap rate. Situated in the high-demand Pinecraft neighborhood, this turnkey investment is fully furnished and rental-ready, offering immediate income with bookings already in place. PROPERTY HIGHLIGHTS: -Four income-producing units – a main home with a separate loft plus two standalone cottages, maximizing rental potential. -Offered fully furnished with $40,000+ worth of included furniture, TVs, kitchenware, and décor, allowing seamless ownership. -Meticulously renovated with high-end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring. -Impact windows (all but two) & 9-year-old roof, ensuring long-term durability and energy efficiency. -Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests. -Spacious covered front porch adding charm and curb appeal to the main home. -Dedicated on-site parking – a premium feature that enhances guest convenience. -Separate laundry room, an essential amenity for short-term and long-term renters alike. PRIME LOCATION & ENDLESS INVESTMENT POTENTIAL: -Proven short-term rental success with strong occupancy rates and room to increase revenue. -Perfectly positioned near Yoder’s Deli, Der Dutchman Restaurant, and Pinecraft Park, offering guests easy access to local favorites. -Portfolio expansion opportunity with additional units available for purchase. This property is an investor's dream, a rare find in Sarasota’s booming rental market. Whether you’re looking to scale your short-term rental portfolio or secure a high-yield, hands-off investment, this is an opportunity you don’t want to miss. Schedule your private showing today!
Location
Subdivision HOMECROFT
County Sarasota
Elementary School Southside Elementary
Middle School Brookside Middle
High School Sarasota High
open houses Open houses
None scheduled.
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MLS number: A4642764
Listing agent: Austin Hampson, Pllc #3489600
Listing broker: Real Broker, Llc. (863) 206-5755
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Sunday, March 2 2025 at 8:53 p.m. EST
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