$1,750,000 for Sale
941 virginia drive , sarasota, FL 34234
| Beds 6 | Baths 4 | 3,493 Sqft | 0.37 Acres |
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Property Description
Rare opportunity to acquire a turn-key, vacation rental multifamily property with substantial upside potential in a highly sought-after location near Downtown Sarasota. This fully furnished, income-producing asset features 4-Units with a desirable mix of Two, 2-Bedroom and Two, 1-Bedroom floorplans. Two units include private, screened-in pool areas with heated saltwater pools, waterfalls, hot tubs, and outdoor showers. The property showcases high-quality furnishings, curated interior finishes, and lush tropical landscaping that enhances overall curb appeal and guest experience. Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views. Located within minutes of Downtown Sarasota, St. Armand's Circle, and Lido Key Beach, this property offers convenient access to the area's dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!
General Information
Sale Price: $1,750,000
Price/SqFt: $501
Status: Active
MLS#: A4652219
City: sarasota
Post Office: sarasota
County: Sarasota
Subdivision: bay haven
Acres: 0.37
Lot Dimensions: 150 x 110
Bedrooms:6
Bathrooms:4
House Size: 3,493 sq.ft.
Acreage: 0.37 est.
Year Built: 1945
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Concrete
Garage: No
Construction: Block
Exterior Misc: Fenced, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Storage
Pool: Yes
Pool Description: Heated, In Ground, Lighting, Other, Salt Water, Screen Enclosure
Fireplaces: Yes
Fireplace Description: Family Room, Living Room
Basement: No
Foundation : Slab
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $6,586
Legal Description: LOTS 236 237 & 238 BAY HAVEN
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Phil Ginexi of THE MULTIFAMILY FIRM LLC, Phone: 941-444-6160
