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4062 Lake Forest Dr
Sarasota, FL 34233
Compass Commons Apartment Homes · Multifamily Property For Sale
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10 Units
Investment Highlights
- Zoned for an Additional 47 to 94-Units, Utilizing Section 124-72(5)C of the Sarasota County UDC (See OM for Details)
- 1 Parcel Totaling 6.43 Acres w/ Highly Favorable Multifamily RMF-2 Zoning | Hidden GEM Community, Set Back Over 300 ft off Bee Ridge Rd
- Private Gated Community; All Units Renovated w/ Condo Grade Finishes Within Last 3 Years | Masonry Construction w/ New Staircases & Railings
- Renovated 10-Unit Apartment Building, Renovated Clubhouse & New 25-Yard Lap Pool with New Pavers, Pergola & Fresh Landscaping Throughout
- Exceptionally Well-Located; Within 5-15 Minutes of Nearly Every Major Attraction in Sarasota | 10 Mins from Siesta Key & Downtown Sarasota
- 100% Large 2 Bed / 2 Bath Units w/ Screened Lanai’s, Washer/Dryer Hookups & Cathedral Ceilings in 6 Units
Property Facts
| No. Units | 10 | Building Size | 14,316 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1986/2020 |
| Building Class | B | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 6.43 AC | ||
| Zoning | RMF-2 - Multifamily | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 6.43 AC |
| Building Size | 14,316 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1986/2020 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | RMF-2 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Dining Room
- Family Room
- Linen Closet
- Patio
- Porch
Site Amenities
- Clubhouse
- Courtyard
- Fenced Lot
- Picnic Area
- Pool
- Cabana
- Pet Play Area
- Storage Space
- Bicycle Storage
- Lake Access
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 10 | $2,250 | - |
Property Taxes
| Parcel Number | 0070-03-0005 | Improvements Assessment | $1,739,600 |
| Land Assessment | $1,367,800 | Total Assessment | $3,107,400 |
Property Taxes
Parcel Number
0070-03-0005
Land Assessment
$1,367,800
Improvements Assessment
$1,739,600
Total Assessment
$3,107,400
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