145 Cleveland Drive Sarasota, FL 34236
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Babette Paige

  145 Cleveland Drive Sarasota, FL 34236

Sold (28 Days)
$950,000

Description

Incredible cash flow opportunity! Own a 4-unit investment property with historical charm just a half block to beautiful Lido Beach. Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2021 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. Seller will offer buyer support, including providing prior guest info, operational guidance, support staff, and referral of future inquiries. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armands Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace own a slice of Sarasota history! Sale includes all furnishings, dcor, kitchen supplies, linens, beach supplies, and seller is offering a 1-year home warranty. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars tandem).

MLS #:
A4476136
Taxes
$10,960(2019)
Lot Size
6,000 SQFT
Type
Multifamily
Year Built
1968
County
Sarasota County

Listed By

Babette Paige, Coldwell Banker Realty
Bought with
Joe Harris, Keller Williams On The Water
Source
STELLAR
Last checked Dec 23 2024 at 5:11 AM GMT+0000
Bathroom Details
Interior Features
  • Stone Counters
  • Living Room/Dining Room Combo
  • Master Bedroom Downstairs
  • Window Treatments
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Ceiling Fans(s)
  • Appliances: Disposal
  • Appliances: Microwave
  • Appliances: Range
  • Cathedral Ceiling(s)
  • Appliances: Dryer
  • Appliances: Exhaust Fan
  • Turnkey (Furnished)
Subdivision
  • Lido Beach Div B
Property Features
  • Fireplace: Wood Burning
  • Foundation: Slab
  • Foundation: Crawlspace
Heating and Cooling
  • Central
  • Wall Units / Window Unit
  • Central Air
Flooring
  • Wood
  • Tile
Exterior Features
  • Block
  • Stucco
  • Wood Frame
  • Roof: Shingle
  • Roof: Metal
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
  • Fuel: Central, Wall Units / Window Unit
School Information
  • Elementary School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Booker High
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 12/22/24 21:11