Residential Property - Single Family Residence in Sarasota
Listing Price: $315,000
Description of Property
Positioned in a high-demand rental corridor near Ringling College and New College, this property is already functioning as a multi-unit income producer with private, lockable bedrooms and shared common areas. Investors gain a turnkey opportunity with an established rental layout, strong occupancy appeal, and the flexibility to continue the co-living model or convert to a traditional long-term or primary residence setup. The interior presents well with modern flooring, updated finishes, and a bright open living area ideal for shared use. The kitchen features clean white cabinetry, stainless steel appliances, and durable surfaces suited for tenant turnover. Fresh bathrooms and efficient room separation support comfortable private living arrangements for multiple occupants. The covered front porch and fenced backyard add outdoor value and low-maintenance appeal. Mature trees, a gravel seating area, and ample yard space create desirable common outdoor zones for tenants. Location is a key advantage: minutes to Ringling College of Art & Design, New College of Florida, downtown Sarasota, and quick access to Gulf beaches. Consistent demand from students, creative professionals, and seasonal renters makes this an attractive long-term hold with upside flexibility. Whether continuing its current multi-unit format or adapting it to your rental strategy, this property offers a strong blend of income potential, usability, and location-driven demand. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: North Riverside Park
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,221
Sq. Ft. Living Area: 999
Cost per (heated) sqare foot: $315
Year built: 1994
Annual Tax: $3,752
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Window Features: Window Treatments
Flooring: Luxury Vinyl
Schools
Elementary School: Emma E. Booker Elementary
Middle/Junior High School: Brookside Middle
High School: Booker High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Exterior Features: Private Mailbox
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features: Front Porch
Security Features:
Other Structures:
View: Trees/Woods
Fencing:
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Landscaped
Lot Size (acres): 0.12
Lot Size (sq. ft.): 5,250 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2020050072
Zoning: RSF4
Tax Legal Desc.: LOT 9, BLK 7, NORTH RIVERSIDE PARK
Section: 7
Range: 18E
Listing courtesy of KW COASTAL LIVING III. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
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