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3504 Estrada Street, SARASOTA, FL 34239
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3504 Estrada Street
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Priced at Only: $999,000
For more Information Call:
Address: 3504 Estrada Street, SARASOTA, FL 34239
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  • MLS#: A4642764 ( Residential Income )
  • Street Address: 3504 Estrada Street
  • Viewed: 15
  • Price: $999,000
  • Price sqft: $378
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 2643
  • Bedrooms: 5
  • Total Baths: 4
  • Days On Market: 21
Description
Turnkey 4 unit income property in high demand pinecraft 8%+ cap rate & $100k+ gross income potential! Attention investors & airbnb hosts! This rare, fully permitted 4 unit property in the heart of sarasota is a proven cash flow machine, delivering a projected annual gross income of nearly $100k and an 8%+ cap rate. Situated in the high demand pinecraft neighborhood, this turnkey investment is fully furnished and rental ready, offering immediate income with bookings already in place. Property highlights: four income producing units a main home with a separate loft plus two standalone cottages, maximizing rental potential. Offered fully furnished with $40,000+ worth of included furniture, tvs, kitchenware, and dcor, allowing seamless ownership. Meticulously renovated with high end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring. Impact windows (all but two) & 9 year old roof, ensuring long term durability and energy efficiency. Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests. Spacious covered front porch adding charm and curb appeal to the main home. Dedicated on site parking a premium feature that enhances guest convenience. Separate laundry room, an essential amenity for short term and long term renters alike. Prime location & endless investment potential: proven short term rental success with strong occupancy rates and room to increase revenue. Perfectly positioned near yoders deli, der dutchman restaurant, and pinecraft park, offering guests easy access to local favorites. Portfolio expansion opportunity with additional units available for purchase. This property is an investor's dream, a rare find in sarasotas booming rental market. Whether youre looking to scale your short term rental portfolio or secure a high yield, hands off investment, this is an opportunity you dont want to miss. Schedule your private showing today!
Description
Turnkey 4 unit income property in high demand pinecraft 8%+ cap rate & $100k+ gross income potential! Attention investors & airbnb hosts! This rare, fully permitted 4 unit property in the heart of sarasota is a proven cash flow machine, delivering a projected annual gross income of nearly $100k and an 8%+ cap rate. Situated in the high demand pinecraft neighborhood, this turnkey investment is fully furnished and rental ready, offering immediate income with bookings already in place. Property highlights: four income producing units a main home with a separate loft plus two standalone cottages, maximizing rental potential. Offered fully furnished with $40,000+ worth of included furniture, tvs, kitchenware, and dcor, allowing seamless ownership. Meticulously renovated with high end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring. Impact windows (all but two) & 9 year old roof, ensuring long term durability and energy efficiency. Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests. Spacious covered front porch adding charm and curb appeal to the main home. Dedicated on site parking a premium feature that enhances guest convenience. Separate laundry room, an essential amenity for short term and long term renters alike. Prime location & endless investment potential: proven short term rental success with strong occupancy rates and room to increase revenue. Perfectly positioned near yoders deli, der dutchman restaurant, and pinecraft park, offering guests easy access to local favorites. Portfolio expansion opportunity with additional units available for purchase. This property is an investor's dream, a rare find in sarasotas booming rental market. Whether youre looking to scale your short term rental portfolio or secure a high yield, hands off investment, this is an opportunity you dont want to miss. Schedule your private showing today!
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Outbuilding(s), French Doors, Private Mailbox, Rain Gutters
  • Living Area: 2201.00
  • Roof: Shingle
School Information
  • High School: Sarasota High
  • Middle School: Brookside Middle
  • School Elementary: Southside Elementary
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s), Zoned
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Country: US
  • Furnished: Turnkey
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Other, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Legal Description: LOT 2, BLK H, LESS SLY 30 FT THEREOF, HOMECROFT
  • Levels: Two
  • Area Major: 34239 - Sarasota/Pinecraft
  • Occupant Type: Tenant
  • Parcel Number: 0055010063
  • Views: 15
  • Zoning Code: RSF4
Nearby Subdivisions
Homecroft   Long Meadow   South Gate  

Contact Info

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Headshot for Associate Samantha Archer
  1. Samantha Archer, Broker
  2. Tropic Shores Realty
  3. Mobile: 727.534.9276
  4. samanthaarcherbroker@gmail.com