Listing ID: A4536269
Price: $1,150,000
Status: Pending
Address: 6273 Draw Lane
City: Sarasota
State: Florida
Postal Code: 34238
SqFt: 3,880
Acres: 0.490
County: Sarasota
Subdivision: Sunrise Village
Sarasota
FL
34238
Great Return on investment…New Roof.. OWNER FINANCING available. Updated 4plex with garages. All rented. Great location off of Clark Rd near I75. Taxes $7298 Insurance $7300 Gross rents $83100.00 Month to month tenants so rents can be raised. This is not part of an HOA Current rents 1BR-$1175/ 2 BR-$1700/ 2BR$1850/. 3BR-$2200/mo The 2BR/2BA units will go to $2200 per month in September. The 3BR unit will go to $2600 in December. There is a Road maintenance agreement thru Sunrise Village for Draw Lane. See attachment.

Primary Features

County: Sarasota
Price Before Reduction: 1250000
Price Reduction Date: 2022-08-02T13:17:34+00:00
Property Sub Type: Quadruplex
Property Type: Residential Income
Subdivision: Sunrise Village
Year Built: 1987
Zoning: RMF1

Interior

Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Heating Type: Electric
Interior Features: Ceiling Fans(s)
Living Area Meters: 360.46
Living Area Source: Public Records
Living Area Units: Square Feet
Unit Count: 4

Location

Association: no
Country: US
MLS Area Major: 34238 - Sarasota/Sarasota Square
Senior Community: no
SW Subdivision Community Name: Sunrise Village
Township: 37S
Waterfront: no

Additional

CDD: no
Mls Status: Pending
Public Survey Range: 18E
Public Survey Section: 13
SDEO: no

Financial

Annual Expenses: 14598
Annual Net Income: 68142.00
Current Price: 1150000.00
Disclosures: Other Disclosures
Gross Income: 83100
Listing Terms: Conventional, Private Financing Available
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 7298.03
Tax Book Number: 31-21
Tax Lot: 8
Tax Year: 2021
Tenant Pays: Electricity, Sewer, Water

External

Attached Garage: yes
Carport: no
Construction Materials: Block
Exterior Features: Other
Flood Zone Code: X
Foundation Details: Slab
Garage: yes
Garage Spaces: 4
Lot Size SqFt: 21446
Lot Size Square Meters: 1992
New Construction: no
Number Of Units Total: 4
Pool Private: no
Road Surface Type: Asphalt
Roof: Shingle
Sewer: Public Sewer
Total Acreage: 1/4 to less than 1/2
Total Number of Buildings: 1
Utilities: Electricity Connected
Water Access: no
Water Extras: no
Water Source: Public
Water View: no

Zoning Info


Listing information courtesy of West Coast Real Estate.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Wednesday, August 10th, 2022 at 10:38:35 PM.

Contact - Listing ID A4536269

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Jon Smith

100 Beach Dr NE, Suite 101
St Petersburg, FL 33701
Phone: 415-200-8584

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