Grove Park Homes with Stucco Exterior Construction

Grove Park Homes with Stucco Exterior Construction

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Newest Grove Park Homes with Stucco Exterior Construction

$1,450,000
10 Beds 5 Baths Grove Park SubDv. 34231 Zip Code
LOCATION LOCATION LOCATION! Sarasota's hottest zip code is Presenting a strong multifamily investment opportunity just minutes from Siesta Key, this 5-unit hotel/ motel property offers current income, flexible rental options, and long-term upside in one of Sarasota’s most desirable rental markets. Located in a non-flood zone approximately 4 miles from Siesta Key Beach, the property is well positioned for long-term tenants, seasonal rentals, or potential short-term rental strategies. The building includes five 2-bedroom, 1-bath units, each offering broad tenant appeal and turnkey convenience. Long-term tenants are currently in place, while the property has the availability to hold a motel/hotel license, creating additional flexibility for future ownership and rental operations. Investor-friendly features include individually metered utilities, public water and sewer, paved parking, no required flood insurance, and reported general liability insurance of approximately $460. Recent improvements include exterior paint in 2024, remodeled kitchens in Units 2, 3, and 4 in 2024, updated bathrooms, major plumbing replacement completed in 2009 and 2010, roof replacement in 2014, blown-in roof insulation. The property also offers private amenities that help set it apart from typical multifamily options, including a heated and cooled swimming pool, screened patio room, and tropical outdoor space designed to enhance tenant or guest enjoyment. With current income, multiple rental strategy options, turnkey units, and a prime Sarasota location near Siesta Key, this property is a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation potential. Schedule your private showing today.

4001 Groveland Avenue, Sarasota

$135,000
2 Beds 1 Baths Grove Park SubDv. 34652 Zip Code
* * WONDERFUL HOME ON LARGE LOT * * Come see this 2-bedroom, 1-bath home situated on a generously sized lot in the highly convenient location of New Port Richey! This home features a functional layout with ample natural light and a spacious yard—perfect for outdoor entertaining! The interior provides a solid foundation to create something truly special with large open rooms, a centralized kitchen, and seamless layout. * * CONVENIENTLY LOCATED * * Situated in a convenient New Port Richey location, this property is surrounded by a variety of parks, recreation, and everyday amenities. Residents enjoy close proximity to scenic outdoor destinations including Sims Park and the Cotee River Park, offering riverfront walking paths, playgrounds, community events, and waterfront views. The nearby James E. Grey Preserve provides nature trails and wildlife viewing, while multiple neighborhood parks feature playgrounds, dog parks, and picnic areas for everyday enjoyment. * * PLENTY OF ACTIVITIES * * Outdoor enthusiasts will appreciate the abundance of nearby recreation, including access to kayaking, biking trails, and nature preserves, with larger destinations like Jay B. Starkey Wilderness Park just a short drive away for hiking and outdoor activities. The area offers easy access to shopping, dining, and major roadways, making commuting throughout Pasco County and the greater Tampa Bay region convenient. Local schools, libraries, and community facilities are all within a short drive, contributing to the neighborhood’s everyday practicality and appeal. * * PLEASE NOTE * * It is buyer’s responsibility to verify all information. Information posted in MLS, or any marketing information is not guaranteed.

4040 Flamingo Drive, New Port Richey

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