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For sale
Residential income properties
FL
Sarasota
34243
4409 SANDNER DRIVE

Sarasota Condo with Recent Updates

4409 SANDNER DRIVE, Sarasota, FL 34243

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For Sale

$150,000

Updated condo in Sarasota, move-in ready with community amenities.

Type:Condo/Townhome

Property size:

768 SF

Price / SF:

$195/SF

HighLights

Completely updated with new roof, water heater, A/C (with transferrable warranty), electric panel, kitchen, baths, and flooring.
Maintenance‑free living in a tranquil neighborhood with community pool and tennis/pickleball courts.
Prime location near UTC mall, SRQ airport, downtown Sarasota, Bradenton, local beaches, and major highways.
End unit with open loft‑style floor plan, vaulted ceilings, and abundant natural light.
Lower monthly condo fees due to pre‑paid roof assessment.
Move‑in ready condition with stainless steel appliances and interior laundry room.

We can help!

Contact an agent

Stacey Bauer

For Sale

$150,000

Updated condo in Sarasota, move-in ready with community amenities.

Type:Condo/Townhome

Property size:

768 SF

Price / SF:

$195/SF

Added:: Sep 20, 2024
Days on Market:: 647
Last Refresh:: May 19 at 11:23 pm

Property Features for 4409 SANDNER DRIVE

General Information

Standard status: Active
Size: 768 SF
Property subtype: Condo/Townhome

Building Details

Year Built: 1973

We can help!

Contact an agent

Stacey Bauer

Listing office ROBERT SLACK LLC

Listing date Sep 20, 2024

Source Exitrealty

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 ROBERT SLACK LLC

HighLights

Completely updated with new roof, water heater, A/C (with transferrable warranty), electric panel, kitchen, baths, and flooring.
Maintenance‑free living in a tranquil neighborhood with community pool and tennis/pickleball courts.
Prime location near UTC mall, SRQ airport, downtown Sarasota, Bradenton, local beaches, and major highways.
End unit with open loft‑style floor plan, vaulted ceilings, and abundant natural light.
Lower monthly condo fees due to pre‑paid roof assessment.
Move‑in ready condition with stainless steel appliances and interior laundry room.

Overview

Located in the Hidden Hollow neighborhood of Sarasota, this updated end-unit condo offers maintenance-free living. The two-story property features an open loft-style floor plan with vaulted ceilings and abundant natural light. The first floor includes living, dining, and kitchen areas, along with a half bath and an interior laundry room with a full-size washer and dryer. Upstairs, the primary suite loft includes a walk-in closet, a full bath, and access to a screened-in balcony. Improvements include ceramic tile and LVP flooring, updated kitchen and baths, and stainless steel appliances. A new roof, water heater, and A/C unit with a transferable warranty have been installed, along with a new electric panel. The unit is located near the community's screened-in pool, tennis/pickleball courts, and mailboxes. The condo is centrally located near the UTC mall, SRQ airport, downtown Sarasota, Bradenton, local beaches, and major highways.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$17.9k	$23.28
− Vacancy	−$983	−$1.28
EGI	$16.9k	$22.00
− OpEx	−$7.6k	−$9.90
NOI	$9.3k	$12.10

768 SF · lease $23.28/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$132.8K

$116.2K – $154.9K (±1% cap)

NOI $9,293 @ 7.0% cap · market cap 6.20%

Second Best

—

no second resolved use

Theoretical Best

Office A

$225.8K

$197.6K – $263.5K (±1% cap)

NOI $15,809 @ 7.0% cap · market cap 10.54%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Location Insight

Map
Local Demand

City: Sarasota
County: Manatee
State: Florida
Longitude: -82.5068202
Latitude: 27.405814

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For sale
Residential income properties
FL
Sarasota
34243
4409 SANDNER DRIVE

What type of property is this?

Residential income property - Updated condo in Sarasota, move-in ready with community amenities.

Where is this residential income property located?

The property is located at 4409 SANDNER DRIVE Sarasota, FL.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Completely updated with **new roof, water heater, A/C (with transferrable warranty), electric panel, kitchen, baths, and flooring.**; Maintenance‑free living in a tranquil neighborhood with community pool and tennis/pickleball courts.; Prime location near UTC mall, SRQ airport, downtown Sarasota, Bradenton, local beaches, and major highways.