*****DUPLEX*****Rare Income Opportunity in a Newly Expanded Duplex in Sarasota
This newly expanded duplex in Sarasota offers an exceptional income opportunity for investors or homeowners looking for income on the side! Located on a plush landscaped lot within the city, both sides of the duplex can be rented on a weekly basis. In the hot neighborhood of Alta Vista near Sarasota High School and the newest extension of the Legacy Trail just down the road you truly are in the heart of it all. 4.8 Miles to Lido Beach, 6 miles to Siesta Key Beach, 1.8 Miles to Marina Jacks and 5.5 Miles to Sarasota/Bradenton International Airport.
The duplex has undergone major upgrades, transforming from a 1/1 on each side to a newly reconfigured split floor plan with two bedrooms and two bathrooms. Each unit features a new primary bedroom with an ensuite, walk-in closet, and impact windows. The bedrooms are spacious, with king-size beds, dressers, side tables, and TVs.
The kitchens have a new pass-through window to the great room, creating a more open feel. Both units have their own washer and dryer and come fully furnished. Other updates completed in the past year include a connection to city sewer double macerator pumps, new central HVAC, and new water heaters.
The rental income potential is outstanding, estimating approximately $81.5k with an 85% occupancy rate when doing weekly rentals – and that’s without any seasonal bump. The property was listed on VRBO in mid-December of 2022, and both sides were booked solid through April. The bookings stopped only for the seller to use one side and to let the new owner decide how they want to use it.
Similar properties in the area with two bedrooms and one bathroom are renting for $2,500/month per unit on an annual basis. The duplex includes attachments detailing all upgrades, and the seller is available to answer any questions or provide virtual walk-throughs. Don’t miss this rare opportunity to invest in prime Sarasota real estate. 2275BrowningDr.com