Sarasota FL Fourplex For Sale

Fourplex For Sale In Sarasota FL

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Fourplex for Sale in Sarasota FL

161 Golden Gate Point, Sarasota
$2,995,000
4 Beds ⋅ 4 Baths ⋅ Golden Gate Point SubDv. ⋅ 34236 Zip Code
One of the Last Remaining Legacy Properties on Golden Gate Point | Rare Trophy Ownership, Redevelopment & Strategic Hold Opportunity A truly rare offering in one of Sarasota’s most exclusive and rapidly evolving luxury enclaves. With no true single-family homes currently remaining on Golden Gate Point and only a small handful of original legacy properties left, 161 Golden Gate Point represents one of the final opportunities to control a meaningful piece of “old Golden Gate” before the peninsula is fully transformed. Positioned in the heart of downtown Sarasota, across from the Ritz-Carlton and adjacent to Marina Jack, the property currently consists of a fully updated Four-unit building featuring newer central A/Cs, five-piece stainless kitchens, quartz countertops, new roof (2025), separate electrical meters, gated courtyards, hot tub, and gazebo — offering immediate usability and meaningful interim income while future plans are explored. Located within the City of Sarasota weekly vacation rental zone, this creates a rare opportunity not commonly found in downtown Sarasota — operate the property similarly to a boutique hotel. For the visionary buyer, this may represent a once-in-a-generation opportunity to create what could become Golden Gate Point’s only true single-family estate — a one-of-one trophy residence in the heart of downtown Sarasota. The property also presents compelling redevelopment potential. Golden Gate Point benefits from alternative development standards intended to support a more urban, pedestrian-friendly environment, including reduced setbacks, increased building coverage allowances, and flexible dimensional standards — enhancing redevelopment possibilities in this highly sought-after peninsula location. Similar RMF-5 sites on Golden Gate Point have supported boutique luxury residential concepts, while the adjacent rear assemblage totaling approximately 21,600 SF is also available, creating a rare opportunity for a larger strategic assemblage in one of Sarasota’s most supply-constrained luxury micro-markets. 161 also represents a compelling long-term hold opportunity. As Golden Gate Point continues its luxury transformation — and remaining legacy properties disappear — the opportunity to control irreplaceable downtown Sarasota land becomes increasingly rare. Just moments to Marina Jack, downtown Sarasota dining, St. Armands Circle, Lido Beach, and Sarasota’s transformative bayfront destination, The Bay. Whether envisioned as: • Rare short-term rental building where you control the entire property • One of Golden Gate Point’s final legacy holdings • A future one-of-one single-family estate • A boutique luxury redevelopment site • A strategic assemblage opportunity • A family office or long-term scarcity hold • Or a rare downtown Sarasota land play with meaningful interim income potential …opportunities of this nature are becoming increasingly difficult to replicate.

161 Golden Gate Point, Sarasota

1236 13th Street, Sarasota
$1,599,000
7 Beds ⋅ 6 Baths ⋅ Valencia Terrace SubDv. ⋅ 34236 Zip Code
TURNKEY 5-UNIT APARTMENT BUILDING | INVESTMENT & VACATION RENTAL OPPORTUNITY Prime Sarasota-area investment opportunity! This well-appointed, two-story 5-unit apartment building offers exceptional flexibility for an investor looking to capitalize on multiple rental strategies, including VRBO, Airbnb, seasonal/vacation rentals, or traditional annual leases. There's two units on the lower level & three units upstairs, along with convenient semi-covered parking, individual storage & shared laundry facility. Each unit is thoughtfully designed, beautifully furnished, offered completely turnkey, allowing a new owner to begin renting with minimal additional investment. FOUR 1-BEDROOM UNITS Four of the five units feature comfortable 1-bedroom, 1-bathroom layouts with full kitchens, living rooms, & dinette areas. Each unit includes: •Spacious bedroom (King-size bed) •2 nightstands •Wall-mounted smart TV •Built-in closet •Ceiling fan and windows providing abundant natural light •Full bathroom (walk-in shower) •Separate vanity/sink area with large mirror & ample lighting •Full kitchen with Quartz countertops & tiled backsplash •Living room with wall-mounted smart TV •Fold-down couch/bed •Coffee table(s) •Dinette area •Storage closets •Separate thermostat (individualized climate control) •Ceramic tile flooring throughout •Ceiling fans (living areas & bedrooms) •Hurricane-impact windows & sliding glass doors •Separate, lockable storage unit SIGNATURE 3-BEDROOM END UNIT The largest unit is an impressive 3-bedroom end unit, offering additional living space & upgraded features. The expansive layout includes a full kitchen with upgraded stainless-steel appliances, breakfast bar with stools, dinette area & separate sunroom/dining room. The unit also features: •3-bedrooms •1 1/2 Bathrooms •Four sets of sliding glass doors •Juliet balconies •Spacious living areas •Breakfast bar •Separate Sunroom/dining room •Upgraded stainless-steel appliances •Marble ceiling beams •Tiled hallway •Ceramic tile flooring •Ceiling fans •Hurricane-impact windows & sliding glass doors •Separate lockable storage COMPLETELY TURNKEY & FURNISHED Every unit is offered fully furnished-turnkey, providing an exceptional opportunity for an investor seeking a property that is ready to operate as a vacation rental or annual rental immediately. Furnishings & household contents include: Furniture,beds & bedding,linens,dishes,utensils,cookware,silverware,appliances,décor,and other essential household items. PARKING, STORAGE & LAUNDRY Each unit has designated parking: 1-covered space plus 2-additional spaces (tandem parking). Separate shared laundry room is equipped with two full-size washers & two full-size dryers, providing ample capacity for residents and/or vacation rental operations. The driveway & shared courtyard are brick-paved, creating an attractive & welcoming exterior setting. LOCATION, LOCATION, LOCATION: Situated in a highly desirable Sarasota-area location, the property places residents & guests within minutes of downtown Sarasota, award-winning Beaches, entertainment, restaurants, shopping, & numerous area attractions. The flexible rental potential, turnkey furnishings, multiple parking spaces, individual storage, & desirable location makes this a compelling opportunity for an investor seeking both versatility & income potential. 5-units. Multiple rental strategies. Fully furnished. Turnkey. Exceptional Sarasota-area location.

1236 13th Street, Sarasota

4001 Groveland Avenue, Sarasota
$1,375,000
10 Beds ⋅ 5 Baths ⋅ Grove Park SubDv. ⋅ 34231 Zip Code
LOCATION LOCATION LOCATION! Sarasota's hottest zip code is Presenting a strong multifamily investment opportunity just minutes from Siesta Key, this 5-unit hotel/ motel property offers current income, flexible rental options, and long-term upside in one of Sarasota’s most desirable rental markets. Located in a non-flood zone approximately 4 miles from Siesta Key Beach, the property is well positioned for long-term tenants, seasonal rentals, or potential short-term rental strategies. The building includes five 2-bedroom, 1-bath units, each offering broad tenant appeal and turnkey convenience. Long-term tenants are currently in place, while the property has the availability to hold a motel/hotel license, creating additional flexibility for future ownership and rental operations. Investor-friendly features include individually metered utilities, public water and sewer, paved parking, no required flood insurance, and reported general liability insurance of approximately $460. Recent improvements include exterior paint in 2024, remodeled kitchens in Units 2, 3, and 4 in 2024, updated bathrooms, major plumbing replacement completed in 2009 and 2010, roof replacement in 2014, blown-in roof insulation. The property also offers private amenities that help set it apart from typical multifamily options, including a heated and cooled swimming pool, screened patio room, and tropical outdoor space designed to enhance tenant or guest enjoyment. With current income, multiple rental strategy options, turnkey units, and a prime Sarasota location near Siesta Key, this property is a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation potential. Schedule your private showing today.

4001 Groveland Avenue, Sarasota

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