3006 N Oriente Avenue, Sarasota, FL 34235

$400,000
4
BD
1
BA
1,167
SqFt

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List Price
$400,000
Status
Active
Days on Market
0
MLS#
A4709575
Property Style
Single Family
Year Built
1955
Bedrooms
4
Bathrooms
1
Living Area
1,167
Lot Size
24,960
Acres
0.57
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Acreage & Unrec
MLS Area Major
Sarasota

Property Description

SARASOTA INCOME PROPERTY | 0.57 ACRES | TENANT-OCCUPIED INVESTMENT An opportunity to acquire an income-producing Sarasota rental property situated on an expansive 24,960-square-foot parcel (approximately 0.57 acres) in the Kensington Park area. 3006 N Oriente Avenue combines existing rental income, generous land area and long-term investment potential in an established Sarasota location. Conveniently situated near Lockwood Ridge Road, University Parkway, University Town Center (UTC), downtown Sarasota, shopping, dining and the Gulf Coast beaches. CURRENT RENTAL INCOME: Tenant-occupied with seller-reported gross rental income of $2,850 per month ($34,200 annually). An attractive opportunity for investors seeking an established rental property with income already in place. The oversized parcel offers substantial outdoor space and potential flexibility for future improvements, subject to applicable zoning, permitting and governmental approvals. INVESTMENT HIGHLIGHTS: 0.57-acre parcel | 24,960 SF lot | $2,850 monthly seller-reported gross rental income | Tenant occupied | Established Sarasota location | Convenient access to UTC and downtown Sarasota. Whether seeking a Sarasota investment property, income-producing residential real estate or a long-term rental holding, this offering warrants consideration. Property is offered subject to existing tenancy. Buyer to independently verify rental income, leases, property configuration, permitted uses, zoning, development potential and applicable requirements with Sarasota County and relevant authorities.

Additional Information

Taxes
$3808
Minimum Lease
1 Month
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RE2
Interior Layout
Other
Interior Features
Other
Floor
Ceramic Tile, Wood
Appliances
Other
Utilities
Cable Available, Electricity Connected
Heating
Other
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Frame
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Elementary School
Gocio Elementary
Middle School
Booker Middle
High School
Booker High
Flood Zone Code
X
Parcel ID
0032120006
Legal Description
BEG AT NW COR OF SW 1/4 OF SW 1/4 OF SEC 10-36-18 TH S ALONG W LINEOF SEC 336.35 FT FOR POB TH S-89-04-E 208 FT TH S 120 FT TH N-89-04-W E 208 FT TH N 120 FT TO POB, BEING LOTS 6 & 7 AS SHOWN ON

Listing courtesy of DOUGLAS ELLIMAN. 941-867-6199

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