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2107 Pine Terrace

Sarasota, FL 34231
  • $745,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: S5115938
UPDATED: 61 min ago
$745,000
  • 4
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,016
    SQFT
  • $370
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Information

Elementary School:
Middle School:
High School:

Description

Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyarda canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota's finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor

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© 2024 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 2024-12-03T06:49:18.1.
www.thenewcomergroup.com/homes/158114566
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2107 Pine Terrace Sarasota, FL 34231

  • Price: $745,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 61 min ago
  • MLS #: S5115938
4
Beds
0
Baths
0
½ Baths
0.23
Acres
2,016
SQFT
$370
$/SQFT
1959
Built
Neighborhood:
Harbor Oaks
County:
Sarasota
Area:
Sarasota/Gulf Gate Branch
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High
Property Description
Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyarda canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota's finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor
Exterior Features

Carport Yn No Construction Materials Stucco Exterior Features FencedRain Gutters Foundation Details Slab Lot Size Dimensions 82 x 123 Open Parking YN Yes Parking Features Driveway Patio And Porch Features EnclosedPatio Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances CooktopDishwasherMicrowaveRangeTankless Water Heater Building Area Total 2436 Cooling Central AirMini-Split Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace Yn Yes Flooring Tile Furnished Partially Heating Central Heating YN Yes Interior Features Living Room/Dining Room ComboWalk-In Closet(s) Laundry Features In Kitchen Sewer Public Sewer Water Source Public Window Features Blinds

Property Features

Annual Net Income 53040 Association Yn No Cdd Yn No Down Payment Resource Yes Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Property Condition Completed Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Harbour Oaks Tax Annual Amount 4069 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected Zoning RSF3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of DREAMPRENEURS LLC: 321-754-1738.



© 2024 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 2024-12-03T06:49:18.1.
 
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The Newcomer Group
770 A1A Beach Blvd Suite D
St. Augustine FL, 32080