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Montclair Villas 2119- 2125 Montclair Dr 2 Unit Apartment Building $990,000 ($495,000/Unit) Sarasota, FL 34231
Investment Highlights
- Spacious Two-Story 3-Bedroom / 2.5-Bathroom Units Featuring Private Swimming Pools, Screened Patios, Private Yards & Two-Car Garages
- Separately Metered Utilities Paid Directly by Tenants, Reducing Owner Expenses
- Potential Short-Term Vacation Rental Upside Due to Proximity to Siesta Key | 2007 Masonry Construction Duplex in Desirable Coquina Island Location
- NON-Flood Zone, Minutes from Siesta Key, Sarasota’s World-Renowned Beach Destination
- Separate Parcel IDs for Each Unit and Common Area, Offering Future Condo Sell-Off Potential
- Minimal Operational Overhead with Strong Lifestyle Appeal and Multiple Paths to Long-Term Investment Upside
Executive Summary
**View Offering Memorandum at MultifamilyFirm.com for Financial Info & Full Details**
The Multifamily Firm is pleased to present the Montclair Villas, a rare 2007 masonry construction duplex, located in the desirable enclave of Coquina Island, minutes from Siesta Key. Situated in a non-flood zone, the property consists of spacious two-story units featuring 3-Bedrooms, 2.5-Bathrooms, private swimming pools, two-car garages, screened patios, and private yards. Additionally, each unit and the common area, have separate parcel ID’s, offering potential future flexibility through an individual condo sell-off strategy. From an operational standpoint, all utilities are separately metered and paid directly by tenants, significantly reducing owner expenses and improving overall cash flow.
Given its proximity to Siesta Key, the property is also well-positioned for potential short-term vacation rental use, presenting multiple paths to maximize returns. With quality construction, minimal overhead, and built-in optionality, the Montclair Villas offer an ideal blend of lifestyle appeal and long-term investment upside.
**View Offering Memorandum at MultifamilyFirm.com for Financial Info & Full Details**
The Multifamily Firm is pleased to present the Montclair Villas, a rare 2007 masonry construction duplex, located in the desirable enclave of Coquina Island, minutes from Siesta Key. Situated in a non-flood zone, the property consists of spacious two-story units featuring 3-Bedrooms, 2.5-Bathrooms, private swimming pools, two-car garages, screened patios, and private yards. Additionally, each unit and the common area, have separate parcel ID’s, offering potential future flexibility through an individual condo sell-off strategy. From an operational standpoint, all utilities are separately metered and paid directly by tenants, significantly reducing owner expenses and improving overall cash flow.
Given its proximity to Siesta Key, the property is also well-positioned for potential short-term vacation rental use, presenting multiple paths to maximize returns. With quality construction, minimal overhead, and built-in optionality, the Montclair Villas offer an ideal blend of lifestyle appeal and long-term investment upside.
**View Offering Memorandum at MultifamilyFirm.com for Financial Info & Full Details**
Property Facts
| Price | $990,000 | Building Class | B |
| Price Per Unit | $495,000 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 5,682 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2007 |
| Apartment Style | Low-Rise | Parking Ratio | 4.39/1,000 SF |
| Zoning | RMF1 - RMF1 Residential Multi-Family | ||
| Price | $990,000 |
| Price Per Unit | $495,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 5,682 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 4.39/1,000 SF |
| Zoning | RMF1 - RMF1 Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Granite Countertops
- Vaulted Ceiling
- Yard
- Patio
- Vinyl Flooring
Site Amenities
- Fenced Lot
- Picnic Area
- Pool
- Pet Play Area
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | - | 2,486 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $720,500 | |
| Land Assessment | $0 | Total Assessment | $720,500 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$720,500
Total Assessment
$720,500
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Montclair Villas | 2119- 2125 Montclair Dr
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