SARASOTA INCOME PROPERTY | 0.57 ACRES | TENANT-OCCUPIED INVESTMENTAn 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.
Listed By
Agency Name: DOUGLAS ELLIMAN
Agency Contact: 941-867-6199
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimated Payment
$ 1,324.23 per month $890.23 Principal & Interest $317.33 Property Tax $116.67 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3006 N Oriente Avenue | MLS# A4709575
This single family home located at 3006 N Oriente Avenue , Sarasota, FL 34235 is currently listed for sale with an asking price of $400,000. This property was built in 1955 and has 4 bedrooms and 1 full baths with 1167 sq. ft. N Oriente Avenue is located in the ACREAGE & UNREC subdivision. Search ACREAGE & UNREC real estate on www.floridaexecutiverealty.com today.