503 N OSPREY AVENUE, Sarasota, FL 34236

  • $1,299,999.00
  • Address: 503 N OSPREY AVENUE
  • City: Sarasota
  • State/county: FL
  • Zip/Postal Code: 34236
  • 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

  • Property ID A4674885
  • Price $1,299,999.00
  • Land Area 0.23 sqft
  • Bedrooms 6
  • Bathrooms 5
  • Garage Size x x
  • Year Built 1949
  • Type Multi Family, Residential Income
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Owner Financing
  • Roof Shingle
  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Sewer Public Sewer
  • Cooling Mini-Split Unit(s)
  • Heating Electric
  • Flooring Laminate,Tile
  • County Sarasota
  • Property Type Residential Income

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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

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