Address
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Address: 503 N OSPREY AVENUE
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City: Sarasota
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State/county: FL
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Zip/Postal Code: 34236
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Area: CENTRAL PARK SUB
Description
FIVE UNIT APARTMENT COMPLEX. DTN zoned corner lot in downtown Sarasota. Fully rented month to month annual agreements paying below market value. City zoning allows weekly rentals. Purchase and earn rental income OR develop in DTN zoning. Common area laundry as an amenity for tenants. Bldg #1 has 2 units, each are 1 bedroom/1 bath. Bldg 2 has 2 units, each are 2 bedroom/1 bath. Bldg #3 is the cottage/studio. This property is in fast growing downtown Sarasota a few blocks to Main Street with downtown restaurants, shops and bars. 2 blocks from Sarasota City park with tennis courts, playground and dog park all situated around a lake! Many multimillion dollar homes and deluxe condo developments in and surrounding Gillespie Park. Close to beaches and beautiful Sarasota Bay. Investment property with huge income potential and huge future DTN development. Seller is offering owner/seller financing to prospective buyers. 30% minimum requirement. All financing terms are extremely attractive and negotiable.
Details
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Property ID A4674885
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Price $1,299,999.00
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Land Area 0.23 sqft
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Bedrooms 6
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Bathrooms 5
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Garage Size x x
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Year Built 1949
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Type Multi Family, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Owner Financing
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Roof Shingle
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Utilities Electricity Connected,Sewer Connected,Water Connected
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Sewer Public Sewer
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Cooling Mini-Split Unit(s)
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Heating Electric
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Flooring Laminate,Tile
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County Sarasota
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Property Type Residential Income
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