Multi-Parcel Duplex
1910 Debbie St Sarasota, FL 34231
For Sale
Contact for pricing
Four duplex buildings on separate parcels feature 2 bed/2 bath units with in-unit washer and dryer hookups.
Property Size8,472 SF
Price / SF$282.93
Days on Market114
Property Features for 1910 Debbie St
General Information
- Standard status
- Active
- Size
- 8,472 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2000
Listing Agency:
Dreznin Pappas Commercial Real Estate LLC
Listed By:
Sean Dreznin · License #FL SL3233805
Source:
Crexi
Added: Apr 1
Changed: Jul 22
Last Checked: Jul 23 at 6:42AM
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 Dreznin Pappas Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This offering includes four separate parcels with four duplex buildings. Each duplex consists of two units, with every unit configured as a 2-bedroom, 2-bath layout and featuring washer and dryer hookups. The average unit size is approximately 935 square feet, and the combined property size is listed at 8,472 square feet.
Interior renovations have been completed throughout, including quartz countertops, flooring updates, and kitchen and bathroom updates. Tenants are responsible for electric, water, and sewer costs.
A key structure-to-finance feature of this portfolio is that each duplex is on its own parcel, which can provide flexibility for individual sales in the future should the owner choose to pursue that structure.
Interior renovations have been completed throughout, including quartz countertops, flooring updates, and kitchen and bathroom updates. Tenants are responsible for electric, water, and sewer costs.
A key structure-to-finance feature of this portfolio is that each duplex is on its own parcel, which can provide flexibility for individual sales in the future should the owner choose to pursue that structure.
Key Highlights
- Year built 2000; 4 separate parcels with 4 duplex buildings, each with separate ownership by parcel
- Each unit is a 2 bed/2 bath duplex configuration with washer & dryer hookups
- Average unit size is 935 SF
Financial Insights For Multifamily LT 5
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 | $167.7k | $19.80 |
| − Vacancy | −$8.8k | −$1.03 |
| EGI | $159.0k | $18.77 |
| − OpEx | −$47.7k | −$5.63 |
| NOI | $111.3k | $13.14 |
8,472 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,292 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.46M
$1.28M – $1.71M
NOI $102,509 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,394 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Four duplex buildings on separate parcels feature 2 bed/2 bath units with in-unit washer and dryer hookups.
Where is this duplex located?
The property is located at 1910 Debbie St Sarasota, FL.
What is the asking price?
The asking price for this property is $2,397,000.
What are key features of this property?
This property features: Year built 2000; 4 separate parcels with 4 duplex buildings, each with separate ownership by parcel; Each unit is a 2 bed/2 bath duplex configuration with washer & dryer hookups; Average unit size is 935 SF
