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1504 Suponic Ave, Sarasota, FL 34243

$584,500 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 0.24 Acres
  • Updated 13 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!!! New Roof and Electrical Updates ( 2/2017). Great ROI & Cap Rate 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: $584,500
  • Taxes: $1,826 (2015)
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: A4169958
  • Updated: 3/13/2017
  • Added: 120 day(s) ago

Property History

  • 1504 Suponic Ave, Sarasota, FL
  • Reduced to $584,500 on 2/21/17
  • 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.: $223.43
  • 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 $584,500 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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