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Gelfand Realty Miami Properties - Multi Family

217 GARFIELD, SARASOTA, FL 34236

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Multi Family - LIDO BEACH DIV B

217 GARFIELD, SARASOTA, FL 34236

Sold Price$1,695,666 Asking Price$1,685,666

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  • Days on market:

    107 day(s)
  • Original Price:

    $1,685,666
  • Price per sqft:

    $825.9
  • Tax Legal Description:

    LOT 4 BLK 61 LIDO BEACH DIV B SUB OF BLKS 50 57 59 THRU 63 PLAT 3 JOHN RINGLING ESTATES INC
  • Tax Year:

    2020
  • Property Type:

    Multi Family
  • Construction Type:

    Stucco
  • Roof:

    Other
  • Cooling Description:

    Central Air Mini-Split Unit(s)
  • Heating Description:

    ElectricCentral
  • Floor Description:

    Tile
  • Interior Features:

    Split BedroomCeiling Fan(s) Living Room/Dining Room Combo Stone Counters Thermostat Open Floorplan Window Treatments Solid Surface Counters Kitchen/Family Room Combo
  • Exterior Features:

    LightingBalconyOutdoor Grill Fenced
  • Equipment/Appliances:

    DishwasherMicrowaveRefrigeratorDryerWasherElectric Water HeaterCooktop
  • Special Listing Conditions:

    None

Description

$1,685,666 • living size area 2041 sqft

This is a rare opportunity to own this very unique property on lido key. lido beach and the lido pool pavilion are one block away, and a short walk takes you to world famous st. armands’ circle with its fine restaurants and boutiques. it is an unusual set up for the following reasons. there are 2 different options with this property: 1) it can be a single family living with 4 bedrooms and 4 bathroom, all 4 bedrooms and 4 bathrooms are connected to one another with two custom kitchens; 2) use it as two 2-bedrooms 2-bathrooms units with 2 separated entrances. an opportunity to rent one out and live in the other. occasionally, it has been rented out as 4 bedrooms and 4 bathrooms. it is managed by turnkey management and is exceeding revenue expectations. the property went through a major gut renovation lasting for more than a year. it is as good as a brand new. new mini-split a/c, plumbing, new electric panel, new hot water heater, new deck and patio. there are two recreation or game rooms on the ground floor, one for each of the 2 units. ( please see description under the pictures) the attached garage is also separated into two, with one garage for each of the units. custom gourmet kitchens with stainless steel appliances. brand new w/d in both units. enclosed private fenced patio with hot tub, gas grills & beautiful landscaping. security system. have it all with the brand new furnishings. the owner is a lic. real estate agent.

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