2047 & 2051 Fiesta Drive, Sarasota, FL 34231
- $1,075,000
- 8
- BD
- 8
- BA
- 3,172
- SqFt
- List Price
- $1,075,000
- Status
- Active
- Days on Market
- 0
- MLS#
- A4701436
- Property Style
- Duplex
- Year Built
- 1974
- Bedrooms
- 8
- Bathrooms
- 8
- Living Area
- 3,172
- Lot Size
- 14,500
- Acres
- 0.34
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Orange Crest Park
- Community Name
- Orange Crest Park
- MLS Area Major
- Sarasota/Gulf Gate Branch
Property Description
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.**
Additional Information
- Taxes
- $10021
- Minimum Lease
- 1 Month
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RSF3
- Interior Layout
- Ceiling Fans(s), Window Treatments
- Interior Features
- Ceiling Fans(s), Window Treatments
- Floor
- Carpet, Luxury Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Public, Sewer Available, Water Available
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Lighting
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Assigned
- Elementary School
- Phillippi Shores Elementary
- Middle School
- Sarasota Middle
- High School
- Riverview High
- Flood Zone Code
- X
- Parcel ID
- 0075120037
- Legal Description
- S 1/2 OF LOTS 23 & 24 BLK B ORANGE CREST PARK, S 1/2 OF LOTS 23 & 24 BLK B ORANGE CREST PARK
Listing courtesy of KW COASTAL LIVING III. murraycoleman@kw.com
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