2047 & 2051 FIESTA DRIVE, Sarasota, Florida, 34231

Listed by KW COASTAL LIVING III, Toni Zarghami, 941-248-2147, Toni@ZarghamiGroup.com
$1,000,000
3,172 Sqft
0.34 Acres
8 bd
8 ba
#A4701436
Virtually Staged. Cash flow in paradise! This is a great Sarasota investment opportunity featuring two side-by-side duplexes with four rentable units sold together as one package, tucked on a quiet street just minutes from the sugar sand of Siesta Key and across the way from the newly updated Landings Plaza with its new shops and restaurants. Whether you are growing a portfolio or making your first multifamily move, the expensive work is already done here, leaving a true turnkey asset of solid one-story block construction with tastefully renovated units and updated major systems throughout. Both buildings received brand new roofs in 2024, fully permitted, complete with sealed roof decks and third-nail wind mitigation retrofits, and current wind mitigation reports are in hand that may help qualify for insurance premium reductions. Upgrades since 2023 also include new electrical panels in all four units, full attic ductwork replacement, a new A/C in one unit, cast-iron drain line remediation, and kitchen and bath remodels in select units. Each unit offers 2 bedrooms, a full bath, and a convenient half bath located in the primary bedroom, along with a private entrance, in-unit washer and dryer, wood-look luxury vinyl plank flooring, ceiling fans, generous storage, and its own yard space with off-street parking beneath mature mango and shade trees. With the Landings Plaza at the doorstep, the Gulf Gate corridor, the Legacy Trail, and the beaches all minutes away, year-round rental demand takes care of itself. The duplexes sit on two separate tax parcels but are offered together as a package only and will not be sold individually. Capital improvements summary, wind mitigation reports, and closed roof permits available. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**

PROPERTY FEATURES

  • Utilities : BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
  • Water Access : 0
  • Sewer : Public Sewer
  • Exterior Features : Lighting
  • Road Surface Type : Paved
  • Roof : Shingle
  • Zoning : RSF3
  • Heating : Central, Electric
  • Cooling : Central Air
  • Construction Materials : Block, Stucco
  • Interior Features : Ceiling Fans(s), Window Treatments
  • Laundry Features : Inside, Laundry Closet
  • Appliances : Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Window Features : Window Treatments
  • Flooring : Carpet, Luxury Vinyl
PROPERTY DETAILS
ID: A4701436
Status: Active
Price: $1,000,000
Acres: 0.34 Acres
Price Per Acre: $2,941,176
Type: Other
Address: 2047 & 2051 FIESTA DRIVE
City, State: Sarasota, Florida
County: Sarasota
Zip Code: 34231
Lat/Long: 27.286748, -82.528842
Presented By: Toni Zarghami
Phone: 941-248-2147
Email: Click to Contact
Agent
Toni Zarghami