Master on Main
Address
145 CLEVELAND DRIVE Sarasota, FL
Price
$ 1,045,000
Property Attributes
  • MLS#A4476136
  • TypeIncome
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota
  • NeighborhoodLido Beach Div B
  • Zip34236
  • StyleQuadruplex
  • Year Built1968
  • Taxes10959
  • Price$ 1,045,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2515
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
COLDWELL BANKER REALTY
Property Description

Incredible cash flow opportunity! Own a 4-unit investment property with historical charm just a half block to beautiful Lido Beach. Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2021 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. Seller will offer buyer support, including providing prior guest info, operational guidance, support staff, and referral of future inquiries. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armand’s Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace – own a slice of Sarasota history! Sale includes all furnishings, décor, kitchen supplies, linens, beach supplies, and seller is offering a 1-year home warranty. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars tandem).

Elementary School Middle School High School
Southside Elementary Booker Middle Booker High
Price History
8/24/2020 Listed $1,045,000

General Features

Appliances Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Construction Materials Block, Stucco, Wood Frame
Cooling Central Air
Elementary School Southside Elementary
Exterior Features Balcony, Fenced, French Doors, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
Flooring Tile, Wood
Heating Central, Wall Units / Window Unit
High School Booker High
Interior Features Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Downstairs, Stone Counters, Window Treatments
Levels Two
MLS Area 34236 - Sarasota
Middle/Junior School Booker Middle
Minimum Lease Period 1 Week
Patio/Porch Features Rear Porch, Screened, Side Porch
Property SubType Quadruplex
Property Type Residential Income
Roof Metal, Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdiv Community Name Lido Beach
Subdivision Name LIDO BEACH DIV B
Terms Cash, Conventional
Total Num Buildings 2
Total Units 4
Township 36S
Water Access Type Beach - Public
Water Access Y/N Yes
Year Built 1968
Zoning RMF2

Interior Features

Fireplace Features Wood Burning
Fireplace Y/N Yes
Furnished Y/N Turnkey
Laundry Features Laundry Closet
Living Area 2515.00
Unit Count 2
Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Exterior Features

Building Area Total 2749.00
Foundation Details Crawlspace, Slab
Lot Size Acres 0.14
Lot Size Square Feet 6000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34236

Price
AVG $1.77M
$1.05M
Taxes
AVG $5,839
$10,959
Visits
AVG 503
74
Year Built
AVG 1955
1968

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