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1504 Suponic Ave, Sarasota, FL 34243

$589,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.24 Acres
  • Updated 2 days ago
1504 Suponic Ave, Sarasota, FL 34243 View this property at 1504 Suponic Ave, Sarasota, FL 34243
1504 Suponic Ave Sarasota FL 34243

Property Description

Investor Alert!!! Great ROI & Cap Rate over 10% on this multi-unit/multi parcel property. There are 3 separate parcels with a total of 10 units: 2 Four-plex buildings consisting of (3) 2bd/1bth and an efficiency. The third building is a duplex that has (2) 2bd/1bth, with washer/dryer hook-ups and carports.. Included is a detached garage that is being used as the maintenance building for the complex. Long term tenants occupy most of the units. A common coin-operated washer & dryer is provided and maintained by an off-site vendor. Each units has assigned parking. One of the Four-plex's buildings has been upgraded within the last several years and has a newer roof. Don't let your investors miss out on this one !!!!!!

Full Property Details for 1504 Suponic Ave

  • Price: $589,500
  • Taxes: $1,826 (2015)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: A4169958
  • Updated: 11/30/2016
  • Added: 5 day(s) ago

Property History

  • 1504 Suponic Ave, Sarasota, FL
  • Increased to $589,500 on 11/30/16
  • Listed at $584,500 on 11/27/16

Exterior

  • Exterior Features: Detached Workshop

Parking

  • Garage Description: None

Location

  • Area: Sarasota
  • County: Manatee
  • Township: 35
  • Subdivision: SHERMAN-STUART SUB
  • Driving Directions: One mile north of the Airport before Whitfield Rd. Suponic is on the East side of the Old 301.
  • Location Details: Close to Bus Line
  • Total Lots Available: 2

Community

  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Utilities

  • Utility Description: County Water, Public Sewer, Sewer

Structural Information

  • # Buildings: 3
  • Description/Design: 1 Level, Four Units
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 2,616
  • Sq. Ft. Source: Public Records
  • Year Built: 1978

Unit Information

  • Studio/Effic Units: 2
  • 2 Bed/1 Bath Units: 8

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,725
  • Lot Size Range: 1/2 Acre to 1 Acre
  • Lot Dimensions: 75 x 143(3)
  • Zoning: LM

Financial Considerations

  • Price Per Sq. Ft.: $225.34
  • Security Deposit: $7,500
  • Tax Amount: $1,826
  • Tax Year: 2015

Disclosures and Reports

  • Multiple Parcels: Yes
  • Legal Description: LOT 3 SHERMAN-STUART SUB PI#19817.0000/6
  • Flood Zone Info: X
  • APN: 1981700006
  • Plat: 8-29
  • Section: 30
  • Lot: 3

Listed by Bright Realty

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Estimate the Cost

1504 Suponic Ave will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

1504 Suponic Ave, Sarasota, FL 34243 (MLS# A4169958) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1504 Suponic Ave is currently listed for $589,500 and was received on November 27, 2016. Want to learn more about 1504 Suponic Ave? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

Listed by Bright Realty

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