45 8th St | Sarasota, FL 34237
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
45 8th St
Sarasota, FL 34237
Sarasota Pines · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Exceptional Value-Add Opportunity w/ an Average Upside Potential of $209/Month Per Unit, Based on Neighboring Rent Comps
- Unique Opportunity to Establish a Sizable & Centralized Rental Portfolio w/ Potential to Add Scale by Acquiring Additional Units in the Complex
- Within 5-10 Mins of Whole Foods, Publix, Bayfront Park, Burns Court, the Saturday Farmers Market & Access to Interstate 75 via Fruitville Rd
- Consists of 11 Condo Units in an 80-unit Community Located Approximately a Mile from Main Street in Downtown Sarasota, FL
- Lush Tropical Landscape Throughout w/ a Swimming Pool, Sundeck, Poolside Pavilion, Clubhouse & Spacious Common Area
- Astounding Regional Rent Growth: 34.5% Rent Growth Over Past 12 Months in Tampa, FL Region, Leading the State Avg of 27% & National Avg of 15.1%
PROPERTY FACTS
| No. Units | 11 | Lot Size | 8.66 AC |
| Property Type | Multifamily | Building Size | 150,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1974 |
| Zoning | RMF-2 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.66 AC |
| Building Size | 150,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Zoning | RMF-2 |
AMENITIES
SITE AMENITIES
- Clubhouse
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Gated
- Pet Play Area
- Sundeck
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
