1842-1911 Debbie Street

Sarasota, FL 34231

$2,640,000
Price
24
Beds
8,160 Sq. Ft.
$324 / Sq. Ft.
8,160
Sq. Ft.
$324
per Sq. Ft.

Description

Investor alert. Rare opportunity to purchase multiple duplexes on the same street in one of Sarasota’s most desirable locations. This amazing property features 6 duplexes, each with its own parcel ID with potential to be sold separately for more in the near future. Each unit has 2 bedrooms and 1 bathroom, with a total of 12 units and 24 bedrooms. Tenants pay utilities. The property is well-maintained, is at 100% occupancy and has a low vacancy rate due to it being ideal workforce housing in Sarasota’s...Investor alert. Rare opportunity to purchase multiple duplexes on the same street in one of Sarasota’s most desirable locations. This amazing property features 6 duplexes, each with its own parcel ID with potential to be sold separately for more in the near future. Each unit has 2 bedrooms and 1 bathroom, with a total of 12 units and 24 bedrooms. Tenants pay utilities. The property is well-maintained, is at 100% occupancy and has a low vacancy rate due to it being ideal workforce housing in Sarasota’s ever-expanding suburbs. Room to improve and update the units even further as well as bring up rents lots of upside. The tenants enjoy the convenience of being close to the popular Gulf Gate neighborhood as well as downtown Sarasota, where they can find plenty of shopping, dining, entertainment, and cultural attractions. The property also has easy access to the nearby and famous Siesta Key Beach, which is rated as one of the best beaches in the world. Whether you want to enjoy the sun, sand, and surf, or explore the art galleries, museums, and theaters, you will never run out of things to do in this vibrant area. Don't miss this chance to own a piece of paradise in Sarasota, FL. Contact us today to schedule a showing or for additional operational documentation. Serious inquiries only pof required for showings.
  1. Listed by Desiree Doggett • NEXTHOME EXCELLENCE

Property Details for 1842-1911 Debbie Street

Subdivision Name
NORTH VAMO SUB 2
Waterfront
No

Location

Listing Courtesy of NEXTHOME EXCELLENCE, Desiree Doggett
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LISTING UPDATED: 05/02/2024 09:12 AM

Property Details for 1842-1911 Debbie Street

StatusActive
MLS #A4598806
Days on Market76
Taxes$20,583 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1975
Lot Size1.03 AC / 45,000 SF
CountySarasota County

Location

Listing Courtesy of NEXTHOME EXCELLENCE, Desiree Doggett
Add your commute

Building Information for 1842-1911 Debbie Street

Stories-Residences12Year Built1975Building Size-Lot Size1.03 AC / 45,000 SF

Payment Calculator

$16,123 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,408

Property Taxes

$1,715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1842-1911 Debbie Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 8160.0
  • Building Area Units: Square Feet
  • Directions: Take Beneva Rd South of Tamiami Trail turn left at Debbie St. properties with be on your right and lefthand sides.
  • Elementary School: Gulf Gate Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Riverview High
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: North Vamo
  • Unit Number: No
  • Street Number: 1842-1911
  • Street Name: DEBBIE
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Legal Description: LOT 20, 21, 22,23, 25 and 27 BLK D NORTH VAMO PLAT 2
  • Tax Lot: 20-27
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 124130038, 124130057, 124130058, 124130059 & 124130060
  • Additional Parcels: Yes
  • Parcel Number: 124130039
  • Total Acreage: 2 to less than 5
  • Total Num Buildings: 6
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF1
  • Living Area: 8160
Property and Assessments
  • Year Built Numeric: 1975
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 6
  • Dock YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Private Mailbox
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 24
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Washer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $156,000.00
  • Gross Income: $220,020
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: 2/1 with garage
  • Unit Type Garage Attached 1: Yes
  • Unit Type Garage Spaces 1: 1
  • Unit Type Heated Sq Ft 1: 840
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 1850
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Description 2: 2/1 with driveway
  • Unit Type Garage Attached 2: No
  • Unit Type Garage Spaces 2: 0
  • Unit Type Heated Sq Ft 2: 600
  • Unit Type Number Of Units Occupied 2: 8
  • Unit Type Pro Forma 2: 1650
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 8
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: 2/1 larger
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 0
  • Unit Type Heated Sq Ft 3: 840
  • Unit Type Number Of Units Occupied 3: 2
  • Unit Type Pro Forma 3: 1750
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 2
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Cats OK, Dogs OK

Property History for 1842-1911 Debbie Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1842-1911 Debbie Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Charter - PK to 8
Rating
School
Distance
Gulf Gate Elementary School
PublicPK to 5

Riverview High School
PublicPK to 12

Brookside Middle School
Public6 to 8

Imagine School At Palmer Ranch
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1842-1911 Debbie Street is a multi-family home for sale in Sarasota, FL 34231. This property was listed for sale on February 7, 2024 by NEXTHOME EXCELLENCE, it's currently listed at $2,640,000. This listing's school district is Sarasota. Nearby schools include Gulf Gate Elementary School, Riverview High School and Brookside Middle School. 1842-1911 Debbie Street is a 24-bed, 0-bath, 8,160 sqft multi-family home built in 1975.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NEXTHOME EXCELLENCE, Desiree Doggett

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