Under contract-accepting backup offers. Embark on a lucrative investment opportunity with this exceptional four-unit income property, just steps from the world-renowned Siesta Key Beach. The property offers a flexible unit configuration, including two 2-bed, 1-bath units, and two 1-bed, 1-bath units, catering to diverse tenant preferences. Designed with your convenience in mind, each unit comes fully turnkey furnished, ensuring a hassle-free experience for both you and your tenants. The flexibility of this investment is unparalleled – with no minimum rental requirements, you have the freedom to capitalize on the thriving tourism scene by renting nightly. Situated on a corner lot, the property stands out with captivating features, complemented by breathtaking sunsets and pristine sands from the beach. Picture Siesta Key Beach as an extension of your doorstep, offering tenants a perpetual summer vibe. Beyond the beach, the area offers vibrant shopping, dining, and entertainment options, creating an ideal balance of relaxation and recreation. Convenience is paramount, featuring covered parking for two vehicles and on-site laundry facilities. Under the building, there's a spot with picnic tables, great for enjoying an outdoor meal. If you're into relaxing, check out the nearby outdoor area with comfy lounge chairs, surrounded by tropical trees and string lights—a perfect place to kick back and make memories. Take advantage of complimentary access to kayaks and water toys, elevating the coastal living experience for your tenants. With effortless beach access just across the street, your investment is strategically poised for success. The Siesta Key Breeze Trolley adds to the convenience, offering free transportation for guests to explore jet ski rentals, bike rentals, and a variety of island activities. Whether you're a seasoned investor or a newcomer seeking a high-yield income property, this four-unit property offers a reliable source of rental income for years to come.
This property is $2.9M more than the Median Sold Price and $701/SqFt more than other homes in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4589101
Listing Office:
Office Name: KELLER WILLIAMS CLASSIC GROUP
Office Phone: (941) 900-4151
Listing Agent: Toni Zarghami
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/2/2024, 1:19:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 08, 2013
May 08, 2013Home Sold
$935,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$11,187
$964,300
2019
$12,300
$860,090
2018
$11,187
$781,900
2017
$11,689
$807,900
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school2.69 miles
Public District Grades PK-5
Middle School
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school3.77 miles
Public District Grades 6-8
High School
4
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school5.40 miles
Public District Grades 9-12
Assigned Schools
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school2.69 miles
Public District Grades PK-5
Nearby Schools
5
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school1.87 miles
Public District Grades PK-5
5
/10
Wilkinson Elementary School
3400 Wilkinson Rd
Distance between this listing and this school3.64 miles
Public District Grades PK-5
Assigned Schools
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school3.77 miles
Public District Grades 6-8
Nearby Schools
7
/10
Imagine School At Palmer Ranch
6220 Mcintosh Rd
Distance between this listing and this school3.39 miles
Public Charter Grades PK-8
8
/10
Sarasota Middle School
4826 Ashton Rd
Distance between this listing and this school4.33 miles
Public District Grades 6-8
Assigned Schools
4
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school5.40 miles
Public District Grades 9-12
Nearby Schools
2
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school2.25 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.63 miles
The neighbors living near this home have an average income of $74,826. The majority of Sarasota, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
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This home is located at 6905 Point Of Rocks Rd in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 3,467 square foot home, which was built in 1993, sits on a 0.17 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $3,495,000.
Over 41 listings were sold over their listed price in April 2024 in Sarasota, FL. In the same period over 462 listings were sold below the listed price and 90 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between March 2024 and April 2024 decreased by 1.8%. In April 2024 median list price was $519,031 and the average listing age was 56 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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