Turnkey Furnished Condo with
1330 GLEN OAKS E DRIVE 268D Sarasota, FL 34232
1330 GLEN OAKS E DRIVE 268D, Sarasota, FL, 34232
$184,500
Pending
For Sale
$184,500
Pending
Updated 2-bedroom condo near downtown Sarasota and UTC mall.
Property Size930 SF
Days on Market553
Property Features for 1330 GLEN OAKS E DRIVE 268D
General Information
- Standard status
- Pending
- Size
- 930 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1978
Listing agency
FINE PROPERTIES
(941) 812-5062
Listed by
Kim Bliss Yniguez · License #3190105
(941) 812-5062
Source
Exitrealty
Added: Jan 14, 2025 Updated: Jul 6 at 12:42PM Checked: Jul 21 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FINE PROPERTIES
Investment Insights
Based on property information with market context.
This turnkey furnished, beautifully updated 2-bedroom, 2-bathroom corner unit condo offers modern comforts and stylish finishes. The remodeled kitchen, updated in 2023, features wood cabinets, decorative glass, fashionable hardware, quartz countertops, ample storage space, a built-in serving/coffee bar, new appliances, recessed lighting, and updated plumbing & electrical to the latest codes. Luxury vinyl plank flooring extends throughout the 930 square feet unit. The primary bedroom includes a walk-in closet and a fully updated bath with decorative lighting & mirror and new plumbing fixtures. The guest bedroom area offers closet space, a linen closet, and a renovated bath. A screened patio provides a space to relax with a pool view from the corner location. Windows have been updated to hurricane impact, and the patio includes new windows. Additional features include new interior doors, a new 200 amp electrical panel box installed in 2023, a new AC unit from 2021, ceiling fans in every room, keyless entry on the front door, new toilets in both bathrooms, and an exterior storage closet. The building received a new roof in 2017 and sustained no flooding or storm damage. Located 10 minutes from downtown Sarasota and 10 minutes to UTC mall, the property offers access to shopping, restaurants, entertainment, arts, and beaches. The community provides a clubhouse with social activities, a resort pool, shuffleboard, and grills and is pet friendly.
Key Highlights
- Turnkey, Furnished, and Beautifully Updated 2‑Bedroom, 2‑Bathroom Corner Unit Condo
- Remodeled Kitchen (2023) with Wood Cabinets, Quartz Countertops, New Appliances, and Built‑in Serving/Coffee Bar
- Hurricane Impact Windows and Updated Patio Windows for Weather Protection
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.7k | $23.28 |
| − Vacancy | −$1.2k | −$1.28 |
| EGI | $20.5k | $22.00 |
| − OpEx | −$9.2k | −$9.90 |
| NOI | $11.3k | $12.10 |
930 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$160.8K
$140.7K – $187.6K
NOI $11,253 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.5K
$239.3K – $319.1K
NOI $19,144 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Updated 2-bedroom condo near downtown Sarasota and UTC mall.
Where is this residential income property located?
The property is located at 1330 GLEN OAKS E DRIVE 268D Sarasota, FL.
What is the asking price?
The asking price for this property is $184,500.
What are key features of this property?
This property features: Turnkey, Furnished, and Beautifully Updated 2‑Bedroom, 2‑Bathroom Corner Unit Condo; **Remodeled Kitchen (2023) with Wood Cabinets, Quartz Countertops, New Appliances, and Built‑in Serving/Coffee Bar**; Hurricane Impact Windows and Updated Patio Windows for Weather Protection
