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1825 Robinhood St, Sarasota, FL 34231
$350,000
1825 Robinhood St, Sarasota, FL 34231View this property at 1825 Robinhood St, Sarasota, FL 34231
1825 Robinhood StSarasotaFL34231
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Property Description
Investors Alert -- 3 fully rented units with a cap rate of 7.5%. Very low maintenance needed on this centrally located West of the Trail Sarasota Triplex. Front duplex offers 2 bedroom and 1 bath on one side and then 1 bedroom, 1 bath on other side. Back Cottage has one bedroom, 1 bath, just remodeled. All 3 units have annual leases in place. Long term tenants, 8-9 years, 2-3 years. Gross income $32,700 less $3,000 for taxes and monthly expenses for water and sewer, owner is netting $28,000 -- 7.5% cap. Owners have installed new roofs on both buildings 2017. Cottage was just remodeled. Entire property is fenced and has maintenance free stones. Laundry shed is available for all 3 units.
Property will be shown via 3D Virtual Tour on the units out of respect for tenants. All buyers will need to provide proof of funds and tenants will need 24-48 hour notice. Property is walking distance to Trader Joe's, a mile and a half to Sarasota Memorial Hospital and the Siesta Key North Bridge, 3 miles to down town Sarasota and #1 rated by Trip Adviser Beach Siesta Key.
Full Property Details
Full Property Details for 1825 Robinhood St
General
- Sold For: $350,000
- Taxes: $2,972 (2016)
- Status: Closed
- Type: Multi-Family
- MLS ID: A4183780
- Added to Site: 2, 575 day(s) ago
Interior
- Rooms/Areas: Inlaw / Rental Apartment
- Appliances/Equip: Dryer, Hot Water Electric, Microwave, Range, Refrigerator, Washer
Exterior
- Exterior Features: Detached In-Law Apartment, Fenced, Patio/Porch/Deck Covered, Rental Apartment, Screen/Covered Enclosure, Sidewalk
Parking
- Garage Description: Drive Space, Open Parking
Location
- Area: Sarasota/Gulf Gate Branch
- County: Sarasota
- Township: 37
- Subdivision: SOUTH HIGHLAND AMD OF
- Driving Directions: From Bee Ridge, head south on 41, Robinhood is across from Trader Joe's and 2 streets down from Best Buy
- Location Details: Close to Bus Line, In County, Sidewalk, Street Paved
School Information
- Elementary School: Phillippi Shores Elementary
- Middle School: Brookside Middle
- High School: Riverview High
Community
- Home Owners Assn.: None
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Utilities
- Utility Description: Cable TV Available, County Water, Electric, Public Sewer
Structural Information
- # Buildings: 2
- Architectural Style: Custom
- Description/Design: 1 Level, Attached, Detached, Triplex
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 1,913
- Sq. Ft. Source: Public Records
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,050
- Lot Size Range: Up to 10, 889 Sq. Ft.
- Lot Dimensions: 117 x 60
- Sidewalks: Yes
- Zoning: RSF3
Financial Considerations
- Price Per Sq. Ft.: $196.03
- Tax Amount: $2,972
- Tax Year: 2016
- Terms: Cash, Conventional, FHA, Flood Insurance Required
Disclosures and Reports
- Legal Description: LOT 28 BLK A SOUTH HIGHLAND
- Flood Zone Info: X
- APN: 76090037
- Plat: 2-93
- Section: 6
- Block: A
- Lot Number: 28
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Schools
Schools serving 1825 Robinhood St
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
4747 S Tamiami Trl, Sarasota, FL 34231 | PK-5 | 0.7 mi | |
3636 S Shade Ave, Sarasota, FL 34239 | 6-8 | 0.7 mi | |
1 Ram Way, Sarasota, FL 34231 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1825 Robinhood St
Date
Details
Price
Change
Source
5/31/2017
Sold
$350,000
-6.67%
MLS
4/17/2017
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1825 Robinhood St, Sarasota, FL 34231 (MLS# A4183780) is a Multi-Family property that was sold at $350,000 on May 31, 2017. This property was listed by Lois Seropian from our Siesta Key Office.Want to learn more about 1825 Robinhood St? 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.