145 Cleveland Dr., Sarasota, FL 34236

145 Cleveland Dr., Sarasota, FL 34236
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$950,000
Sold on 11/06/20
Beds Baths Sq. Ft. Taxes Built
0.00 2,515 $10,960 1968
On the market: 74 days
View full details, 15 photos, school info, and price history
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).
Listing courtesy of Babette Paige, COLDWELL BANKER REALTY