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941 Virginia Drive, SARASOTA, FL 34234
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  • MLS#: A4652219 ( Residential Income )
  • Street Address: 941 Virginia Drive
  • Viewed: 4
  • Price: $1,750,000
  • Price sqft: $475
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 3687
  • Bedrooms: 6
  • Total Baths: 4
  • Days On Market: 11
  • Additional Information
  • Geolocation: 27.3609 / -82.552
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34234
  • Subdivision: Bay Haven
  • Provided by: THE MULTIFAMILY FIRM LLC
  • Contact: Phil Ginexi
  • 941-444-6160
  • mfrmls
  • DMCA Notice
  • 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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Storage
  • Living Area: 3493.00
  • Other Structures: Shed(s)
  • Roof: Shingle
Land Information
  • Lot Features: Corner Lot
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Off Street
Eco-Communities
  • Pool Features: Heated, In Ground, Lighting, Other, Salt Water, Screen Enclosure
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Ductless
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Other
  • Legal Description: LOTS 236 237 & 238 BAY HAVEN
  • Area Major: 34234 - Sarasota
  • Parcel Number: 2005150048
  • Possession: Close Of Escrow
  • Zoning Code: RSF3
Headshot for Associate Marian Casteel
  1. Marian Casteel, BrkrAssc,REALTOR ®
  2. Tropic Shores Realty
  3. CLIENT FOCUSED! RESULTS DRIVEN! SERVICE YOU CAN COUNT ON!
  4. Mobile: 352.601.6367
  5. Mobile: 352.601.6367
  6. 352.601.6367
  7. mariancasteel@yahoo.com