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2119- 2125 Montclair Dr
Sarasota, FL 34231 South Sarasota

$1,060,000 USD

Apartments For Sale  •  2,731 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,731 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.50 %
  • Zoning RMF1
0 Transit Score
25 Walk Score

Highlights

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

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Air Conditioning
  • Fenced Lot
  • Picnic Area
  • Pool
  • Washer/Dryer
  • Pet Play Area
  • Trash Pickup - Curbside
  • Ceiling Fans
  • Granite Countertops
  • Vaulted Ceiling
  • Yard
  • Patio
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 24 min - 10.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: SurfaceTandem
Included in Rent: Yes
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC