Apartments For Sale • 2,731 SF
| Property Includes 3 Legal Parcels – Two for the Units & One for Common Area – Providing the Potential for a Future Condo Exit Strategy |
| Superior 2007 Masonry Construction Situated in a Non-Flood Zone, Offering Long-Term Durability & Lower Insurance Costs |
| Spacious Townhome-Style Units w/ 3-Bd / 2.5-Ba units, Each w/ Private Swimming Pool, Attached Two-Car Garage, Screened Patio & Private Yard |
| Utilities Separately Metered & Paid by Tenants, Significantly Reducing Expenses & Improving Cash Flow |
| Clever Opportunity to Live in a Highly Demanded Community & Leverage Rents to Pay Mortgage & Build Equity |
| Located in Close Proximity to Siesta Key, Creating Strong Potential for Conversion to Short-Term Vacation Rental Use to Maximize Revenue |
| Cap Rate: | 6.50 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Sarasota/Bradenton International | 24 min | - | 10.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | SurfaceTandem |
| Included in Rent: | Yes |