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Gelfand Realty Miami Properties - Multi Family

145 CLEVELAND, SARASOTA, FL 34236

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Multi Family - LIDO BEACH DIV B

145 CLEVELAND, SARASOTA, FL 34236

Sold Price$950,000 Asking Price$1,045,000

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  • Days on market:

    28 day(s)
  • Original Price:

    $1,045,000
  • Price per sqft:

    $415.51
  • Tax Legal Description:

    LOT 6 BLK 62 LIDO BEACH DIV B SUB OF BLKS 50 57 59 THRU 63 PLAT 3 JOHN RINGLING ESTATES INC
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • Furnished Info:

    Turn Key Furnished
  • Elementary School:

    Southside Elementary
  • Middle School:

    Booker Middle
  • Senior High School:

    Booker High
  • Construction Type:

    StuccoBlockWood Frame
  • Roof:

    ShingleMetal
  • Cooling Description:

    Central Air
  • Heating Description:

    CentralWall Units / Window Unit
  • Floor Description:

    Tile Hardwood
  • Interior Features:

    Ceiling Fan(s) Living Room/Dining Room Combo Stone Counters Window Treatments Primary Bedroom Main FloorCathedral Ceiling(s)
  • Exterior Features:

    Outdoor ShowerLightingBalconyFrench Doors Rain GuttersStorageOutdoor Grill Fenced
  • Equipment/Appliances:

    DishwasherMicrowaveRefrigeratorDisposalDryerWasherElectric Water Heater Range Exhaust Fan
  • Special Listing Conditions:

    None

Description

$1,045,000 • living size area 2515 sqft

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. armand’s 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, décor, 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).

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