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Property summary
This five-unit multifamily building is zoned for short-term rental use and contains four one-bedroom units along with one larger two-bedroom unit that includes an additional den area. The property is configured to operate as-is for rental use, with the physical setup allowing for potential future upgrades such as added amenities and/or an elevator depending on the building layout. It is located along the Downtown Sarasota perimeter in an area described as convenient to local attractions, including proximity to downtown restaurants and performing arts venues, as well as Bayside Park and nearby Bayfront Park and Bay County Park. The Sarasota and Manatee County beaches are noted as accessible.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Sarasota market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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