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Waterfront Triplex with Private Dock
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1885 Southpointe Dr, Sarasota, FL 34231

Triplex with tenants in place, offering waterfront access to a private boat dock on an oversized lot.

Property SizeContact for details
Days on Market134

Property Features for 1885 Southpointe Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Harry E Robbins Associate
Listed By: Kevin Robbins · License #SL3042951
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 3:28AM

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 Harry E Robbins Associate

Investment Insights

Based on property information with market context.

This waterfront triplex consists of three units, all currently leased. The property is described as well maintained, with a new roof installed in February 2013, a new septic junction box added in 2012, a new hot water heater installed in 2011, and new A/C units for two of the units in 2009–2010. One unit also received a new tub and toilet in 2012. Each unit has its own refrigerator and range. Shared amenities include a common-area coined washer and dryer.

The land provides access to a private boat dock, and the listed water access depth is described as suitable for a sailboat or large boat. The lot is identified as oversized and the property is positioned in an excellent location, with water-based use supported by the private dock access.

For buyers seeking both current income and a waterfront setting, this property combines leased triplex living with direct access to a private dock.

Key Highlights

  • Triplex with tenants in place for all 3 units
  • Waterfront property with access to a private boat dock on an oversized lot
  • Water access deep enough for a sailboat or large boat

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Restaurant Building Supply Nail Salon Hair Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

Demographics for 34231, FL

31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex with tenants in place, offering waterfront access to a private boat dock on an oversized lot.
Where is this triplex located?
The property is located at 1885 Southpointe Dr Sarasota, FL.
What are key features of this property?
This property features: Triplex with tenants in place for all 3 units; Waterfront property with access to a private boat dock on an oversized lot; Water access deep enough for a sailboat or large boat
(941) 724-2321 Call to check price and availability
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