378 Canal Rd., Sarasota, FL 34242

378 Canal Rd., Sarasota, FL 34242
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$1,250,000
Sold on 11/25/14
Beds Baths Sq. Ft. Taxes Built
7 6.00 3,908 $11,452 1948
On the market: 209 days
View full details, 15 photos, school info, and price history
A phenomenal rental property consisting of 4 units across 2 lots. There is one 2 bedroom / 2 bathroom with full kitchen, one 1 bedroom / 1 bathroom with a kitchenette, one efficiency unit with a kitchenette, and one 3 bedroom with full kitchen / kitchenette. All units have access to a pool located on the property. Turnkey furnished. Property also has deeded canal access across the street with a dock currently constructed for guests. Rental income is $160,000+ Annually. Property also has opportunity to be razed, with 2 Single Family Homes permitted to be constructed on the two separate lots. Many opportunities here for a buyer who wants strong cash flow, or looking to build new on Siesta Key. Unbeatable proximity to village & beach with deeded canal access, beneficial for both the current use of property, and potential builder.
Listing courtesy of Robert T Anderson & Curt Ware, RE/MAX ALLIANCE GROUP & RE/MAX ALLIANCE GROUP