2107 PINE TERRACE
Sarasota, FL 34231
2436 sqft | 4 beds | 3 baths | 0.23 acres | #S5112899
Description
Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor
Property Details
- Utility FeaturesCable Connected, Electricity Connected, Sewer Connected, Water Available
- InteriorLiving Room/Dining Room Combo, Walk-In Closet(s)
- Elementary SchoolPhillippi Shores Elementary
- Property SubtypeSingle Family Residence
- Middle SchoolBrookside Middle
- High SchoolRiverview High
- Exterior MaterialsRain Gutters
- Sewer InformationPublic Sewer
- SubdivisionHARBOR OAKS
- Property ConditionCompleted
- Property TypePurchase
- CountySarasota
- Original List Price$735,000
- MLS #S5112899
- MLS #S5112899
- Utility SourcePublic
- Taxes Annual$1,443
- Cost745000
- Acres0.23
- Square Feet2436
- Year Built1959
- FoundationSlab
- Days on Market (Cumulative)88
- Bedrooms4
- Bathrooms3
- Full Baths3
- Stories1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Carolyn Christian
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Laura Ortenzio (#MFR272561227)
Listing Office: DREAMPRENEURS LLC (#MFR272570542)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.