2107 PINE TERRACE SARASOTA FL 34231 MLS #S5115938

2107 PINE TERRACE
SARASOTA, FL, 34231
$745,000
4 Beds
3 Baths
2,436 SqFt
0.23 Acres
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Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor

Property Details

Price:
$745,000
MLS #:
S5115938
Status:
Active
Beds:
4
Baths:
3
Address:
2107 PINE TERRACE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HARBOR OAKS
Neighborhood:
34231 – Sarasota/Gulf Gate Branch
City:
SARASOTA
Listed Date:
Nov 21, 2024
State:
FL
Finished Sq Ft:
2,436
Total Sq Ft:
2,436
ZIP:
34231
Lot Size:
10,048 sqft / 0.23 acres (approx)
Year Built:
1959
Units:
2
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High

Interior

Appliances
Cooktop, Dishwasher, Microwave, Range, Tankless Water Heater
Cooling
Central Air, Mini- Split Unit(s)
Flooring
Tile
Heating
Central
Laundry Features
In Kitchen

Exterior

Construction Materials
Stucco
Exterior Features
Fenced, Rain Gutters
Parking Features
Driveway
Roof
Shingle

Financial

Tax Year
2024
Taxes
$4,069

Map

Community

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2107 PINE TERRACE
SARASOTA, FL