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Property profile & analytics
OFF-MARKET
Residential income homes

1663 4Th St Sarasota, FL 34236

1,859 SF 0.13 ac lot Built 1926
Property ID
US18-5327040
Property summary
AI-generated overview

Investor alert! This exceptional opportunity presents a two-unit multifamily property nestled in the heart of Downtown Sarasota's Gillespie Park neighborhood. The property, situated on a 0.132-acre lot, features a main house and a separate studio apartment, both boasting classic charm. The main house, a 2-bedroom, 2-bathroom residence, showcases original hardwood floors, a brick fireplace, and a welcoming front porch. The studio apartment offers a private entrance, adding to the property's versatility. The 1,800 square foot property includes lush landscaping, creating a tropical oasis. Built in 1926, the property received a new metal roof in 2020. Its DTN zoning offers significant potential. Conveniently located near shopping, dining, Bayfront Park, Marina Jack, Main Street, Van Wezel Performing Arts Hall, and the airport, this property presents a compelling investment opportunity. The asking price is $849,000, with a price per square foot of $456.70. Note: This property is part of a larger package including a separate property at 1677 4th St. for an additional $1,125,000.

Property profile
Verified
Property type Residential income homes
Year built 1926
Total area 1,859 SF
Lot 0.13 ac (5,750 SF)
APN 2026-10-0073
UPID US18-5327040
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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