$ 625,000
$24,000 Price cut
2655 BAY STREET, Sarasota, FL 34237  
  • 3,432 sqft

2655 BAY STREET, Sarasota, FL 34237  

RARE OPPORTUNITY to own a 5 unit building on a quiet, residential street. Lovingly cared for by the current owners and maintained in great condition. Currently rented as a vacation rental to maximize income, but could be rented monthly or annually. For those looking for a home and income, it's Ideal to live in one unit and have 4 units for rent. There are Two 2 bedroom units, One 1 bedroom unit, and 2 studios. The versatile studios can be combined with a large 2 bedroom unit that can expand to a 3 bedroom 3 bath or for larger parties, a 4 bedroom, 4 bath unit. Excellent reviews from tenants on Home Away and Air B&B. Many repeat visitors. These units are booked for the season, and income and deposits will convey to new owners. Great Income producing property with additional revenue from coin operated washer and dryer for guests . The units are fully furnished with private parking, a woodsy back yard with deck and BBQ grill enhances the peaceful location. This exceptional vacation home is minutes away from Siesta and Lido Beaches, the world renown St. Armands Circle for International Shopping and dining, Museums, and public transportation. The YMCA offers a large pool, exercise room and activities is right down the street, and guests are welcome to pay a small fee daily, weekly or monthly. Present owners will assist for a smooth transition. SUBSTANTIAL OWNER FINANCING IN PLACE.

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  • Listing Type Multi-Family
  • Listing ID G5010045
  • House Size 3,432 sqft
  • Lot Size 72x141
  • Listing Status Active
  • Year Built 1962
  • County Sarasota
  • Subdivision Pine Lawn
  • Units 5
  • School District 1 Alta Vista Elementary
  • School District 2 Brookside Middle
  • School District 3 Sarasota High
  • Zoning RSF3
  • Taxes 5898.0
  • TaxYear 2018
Listing courtesy of LIST NOW REALTY, LLC

Price History

Date Listed at or
1/18/2019 $625,000 $24,000
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Sold Info

Date Sold for * Help Change
02/24/2011 $136,501 -43.1%
12/13/2010 $240,000 -29.4%
08/18/2005 $340,000 +423.1%
05/15/1996 $65,000 N/A
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