Duplex with Private
2125 Montclair Drive Sarasota, FL 34231
2125 Montclair Drive, Sarasota, FL, 34231
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For Sale
Contact for pricing
Two masonry, two-story 3BR/2.5BA units, each with screened patio, private yard, and separately metered utilities.
Property Size5,682 SF
Price / SF$174.23
Days on Market43
Property Features for 2125 Montclair Drive
General Information
- Standard status
- Active
- Size
- 5,682 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2007
Listing agency
The Multifamily Firm
(941) 444-6160
Listed by
Phil Ginexi · License #FL SL3266689
Source
Crexi
Added: Jun 9 Updated: Jul 21 at 3:09AM Checked: Jul 21 at 3:09AM
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 The Multifamily Firm
Investment Insights
Based on property information with market context.
Montclair Villas is a 2007 masonry duplex featuring two spacious, two-story residences, each offering three bedrooms and two and a half bathrooms. Each unit includes an open living area with tile flooring, sliding glass doors, recessed lighting, and decorative tray ceilings with crown molding. Outdoor space is a major highlight, with a private swimming pool, a screened patio, and a private yard. Both residences also have a two-car garage.
Operationally, the property is set up for efficiency, with all utilities separately metered and paid directly by tenants. In addition, each unit and the common area have separate parcel IDs, which may support future flexibility for an individual condo sell-off strategy.
Located at 2125 Montclair Drive in the Coquina Island area, the property is described as being just minutes from Siesta Key, making it well-suited for buyers evaluating both long-term residency and potential vacation rental use.
Operationally, the property is set up for efficiency, with all utilities separately metered and paid directly by tenants. In addition, each unit and the common area have separate parcel IDs, which may support future flexibility for an individual condo sell-off strategy.
Located at 2125 Montclair Drive in the Coquina Island area, the property is described as being just minutes from Siesta Key, making it well-suited for buyers evaluating both long-term residency and potential vacation rental use.
Key Highlights
- 2007 masonry duplex in the Coquina Island area, just minutes from Siesta Key
- Two two‑story units, each with 3 bedrooms and 2.5 bathrooms
- Each residence features tile flooring, sliding glass doors, recessed lighting, and tray ceilings with crown molding
Local 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 | $112.5k | $19.80 |
| − Vacancy | −$5.9k | −$1.03 |
| EGI | $106.6k | $18.77 |
| − OpEx | −$32.0k | −$5.63 |
| NOI | $74.6k | $13.14 |
5,682 SF · lease $19.80/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$933.0K – $1.24M
NOI $74,642 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$982.2K
$859.4K – $1.15M
NOI $68,751 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,963 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cavalier Brands
Consultant
Yoz Consulting
Business Management Consultant
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FAQs
What type of property is this?
Duplex - Two masonry, two-story 3BR/2.5BA units, each with screened patio, private yard, and separately metered utilities.
Where is this duplex located?
The property is located at 2125 Montclair Drive Sarasota, FL.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 2007 masonry duplex in the Coquina Island area, just minutes from Siesta Key; Two two‑story units, each with 3 bedrooms and 2.5 bathrooms; Each residence features tile flooring, sliding glass doors, recessed lighting, and tray ceilings with crown molding
