2655 Bay Street
SARASOTA, FL 34237

Description

RARE OPPORTUNITY to own a 5 unit building on a quiet, residential street. Lovingly cared for by the current owners and maintained in great condition. Currently rented as a vacation rental to maximize income, but could be rented monthly or annually. For those looking for a home and income, it's Ideal to live in one unit and have 4 units for rent. There are Two 2 bedroom units, One 1 bedroom unit, and 2 studios. The versatile studios can be combined with a large 2 bedroom unit that can expand to a 3 bedroom 3 bath or for larger parties, a 4 bedroom, 4 bath unit. Excellent reviews from tenants on Home Away and Air B&B. Many repeat visitors. These units are booked for the season, and income and deposits will convey to new owners. Great Income producing property with additional revenue from coin operated washer and dryer for guests . The units are fully furnished with private parking, a woodsy back yard with deck and BBQ grill enhances the peaceful location. This exceptional vacation home is minutes away from Siesta and Lido Beaches, the world renown St. Armands Circle for International Shopping and dining, Museums, and public transportation. The YMCA offers a large pool, exercise room and activities is right down the street, and guests are welcome to pay a small fee daily, weekly or monthly. Present owners will assist for a smooth transition.

Details

MLS#G5010045
Sub-TypeResale
StatusActive
Year1962
Days On Site188

Features

SQ Feet3,432
Units5
Building(s)1
Property ViewYes

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34237
Area34237 - Sarasota
Listing VS Median (in 34237)
Price:
$625,000
low | high
Med:
$179,450
100% of Average
SqFt:
3,432
low | high
Med:
1,208
100% of Average
$ / SqFt:
$182
low | high
Med:
$150
67.403626865672% of Average
On Site:
188
low | high
Med:
48
100% of Average
Listing Updated: 06/24/2019
MLS Number: G5010045
Listing Provided By:
Matt Buttner  of  LIST NOW REALTY LLC

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