3504 Estrada Street

Sarasota, FL 34239

$949,000
Price
5
Beds
4
Baths
2,551 Sq. Ft.
$372 / Sq. Ft.
2,551
Sq. Ft.
$372
per Sq. Ft.

Description

Attention Investors! Four income-producing units are situated on a corner lot in the heart of Sarasota. This unique property offers a home with a separate loft and two additional free-standing cottages. All units are being offered TURNKEY, with short-term rental bookings in place, ensuring an immediate income-producing investment. Each unit has its own outdoor seating area, and the home boasts a lovely covered front porch. Another standout feature is on-site parking with dedicated spaces right at...Attention Investors! Four income-producing units are situated on a corner lot in the heart of Sarasota. This unique property offers a home with a separate loft and two additional free-standing cottages. All units are being offered TURNKEY, with short-term rental bookings in place, ensuring an immediate income-producing investment. Each unit has its own outdoor seating area, and the home boasts a lovely covered front porch. Another standout feature is on-site parking with dedicated spaces right at your doorstep. All units have been refreshed and offer modern appeal while maintaining a quintessential cottage feel. There's also a portfolio opportunity available with additional units. Conveniently located near Yoders Deli, Der Dutchman Restaurant, and Pinecraft Park, your guests will have access to an array of amenities and attractions.
  1. Listed by Carolyn Gardewine • Florida Complete Realty

Property Details for 3504 Estrada Street

Development
SARASOTA RANCH ESTATES
Building Design
Quadraplex
Community Type
Non-Gated
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other

Location

Listing Courtesy of Florida Complete Realty, Carolyn Gardewine
Add your commute
LISTING UPDATED: 12/17/2023 08:05 PM

Property Details for 3504 Estrada Street

StatusActive
MLS #223093003
Days on Market134
Taxes$8,458 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.14 AC / 6,054 SF
CountySarasota County

Location

Listing Courtesy of Florida Complete Realty, Carolyn Gardewine
Add your commute

Building Information for 3504 Estrada Street

Stories2Residences4Year Built1945Building Size-Lot Size0.14 AC / 6,054 SF

Payment Calculator

$5,884 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,179

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3504 Estrada Street

Summary
Location and General Information
  • City: SARASOTA
  • Directions: GPS
  • Human Modified: Yes
  • Latitude: 27.32
  • Longitude: -82.50
  • MLS Area Major: OA01 - Out of Area
  • Pets: No Approval Needed
  • Postal Code: 34239
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Name: Estrada
  • Street Number: 3504
  • Street Suffix: ST
  • Block: H
  • Full Address: 3504 Estrada ST
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • HOA Fee: $.00
  • Tax Annual Amount: $8,458.24
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: SARASOTA RANCH ESTATES
  • Number Of Buildings: 3
  • Parcel Number: 0055-01-0063
  • Property Type: Residential Income
  • Section: 28
  • Lot Unit: 2
  • Source of Measure Lot Dimensions: Appraiser
  • Lot Desc: Corner Lot
  • Acres: 0.139
  • Lot Size Area: 0.139
  • Lot Size Dimensions: 66 x 92 x 66 x 92
  • Source of Measurements: Appraiser
  • Lot Size Units: Acres
  • Legal Desc: LOT 2, BLK H, LESS SLY 30 FT THEREOF, HOMECROFT
Property and Assessments
  • Total Area: 2551.0
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • Property Condition: Resale
  • Property Sub Type: Quadruplex
  • Township: 36
  • Range: 18
  • Special Assessment: 0.00
  • Sub Condo Name: SARASOTA RANCH ESTATES
  • Year Built Numeric: 1945
  • Property Sub Type Additional: Quadruplex
  • Zoning Code: RF4
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $109,800.00
  • Annual Net Operating Income: $37,402.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 4
  • Annual Expenses: $72,450.00
  • Other Fee: $.00
  • Stories: 2.0
  • Units in Building: 4
Unit 1 Information
  • Monthly Gross Income: $2,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry Common,Open Lanai/Porch,Microwave,Refrigerator,Window Covering
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 2300
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 350.0
Unit 2 Information
  • Monthly Gross Income: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry Common,Open Lanai/Porch,Microwave,Refrigerator,Window Covering
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1550
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 483.0
Unit 3 Information
  • Monthly Gross Income: $1,550.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Laundry Common,Open Lanai/Porch,Cooktop,Microwave,Refrigerator,Window Covering
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 1550
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 558.0
Unit 4 Information
  • Monthly Gross Income: $2,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Open Lanai/Porch,Dryer,Freezer,Microwave,Range,Refrigerator,Washer,Window Covering
  • Furnished: Furnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 2600
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 1160.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Coach Carriage, Garden Home, Two Story
  • Association Amenities: None
  • Canal Width: None
  • Community Features: Non Gated
  • Construction: Wood Frame
  • Exterior Features: None
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Quadruplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Baths Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4.0
  • Beds Total: 5
  • Cooling: Central Air, Ceiling Fans, Electric, Wall Units, Window Units
  • Cooling: Yes
  • Elevator Text Details: None
  • Flooring: Laminate, Tile, Wood
  • Heating: Central, Electric, Window Unit, Wall Furnace
  • Heating: Yes
  • Interior Features: Other
  • Levels: Two
  • Window Features: Double Hung, Impact Glass, Other
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 3504 Estrada Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3504 Estrada Street

Taxable ValueLand$204,400Additions$412,900Total$617,300
Tax Record2023$8,458 ($705 / month)
Home Facts
Baths4Total Finished SqFt728 SqFtAbove Grade Finished SqFt728 SqFtStories2Lot Size6,072 SqFtStyleDuplexYear Built1945Year Renovated2015ZoningRSF4CountySARASOTAAPN0055-01-0063

Schools near 3504 Estrada Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alta Vista Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Sarasota High School
Public9 to 12

Sarasota County Acceleration Academies
Public9 to 12

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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3504 Estrada Street is a multi-family home for sale in Sarasota, FL 34239. This property was listed for sale on December 15, 2023 by Florida Complete Realty, it's currently listed at $949,000. It has been on the market for a total of 134 days and was last sold on April 2, 2021. This listing's school district is Sarasota. Nearby schools include Alta Vista Elementary School, Brookside Middle School and Sarasota High School. 3504 Estrada Street is a 5-bed, 4-bath, 2,551 sqft multi-family home built in 1945.

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 Florida Complete Realty, Carolyn Gardewine

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