SARASOTA, FL 34233

Property

Furnished: YES
Ownership: Fee Simple
Type: Duplex
Bedrooms: 1 BR
Bathrooms: 3
Area: 1696 sq ft
Lot Size: 0.1 Acres

Financials

Price:$655,000
Annual Taxes:$3,837.56
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of THE MULTIFAMILY FIRM LLC

The Hollingsworth presents a unique income producing investment opportunity in central Sarasota featuring three separately accessed furnished rental spaces and favorable seller financing.

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Description

The Hollingsworth presents a unique income-producing investment opportunity in central Sarasota featuring three separately accessed furnished-rental spaces and favorable seller financing. The property has a strong historical furnished-rental operating record, averaging approximately $102,000 in annual revenue during 2024–2025, with current underwriting reflecting a projected 7.60% Year 1 cap rate and approximately 14% Year 1 cash-on-cash return based on modeled seller-financing assumptions. Complementing its strong rental performance, the property has an established historical Airbnb operating record with a strong guest review track record. The interiors have been extensively updated with renovated kitchens and bathrooms, updated flooring, HVAC improvements, new entry doors, recessed lighting and additional upgrades. The property also offers dedicated on-site parking and an inviting fenced rear common area with outdoor seating, mature shade trees and string lighting. Its central Sarasota location provides convenient access to Siesta Key, area beaches, dining, shopping and other major Sarasota demand drivers. Favorable seller financing available; see Offering Memorandum for financial details and modeled terms.

Amenities

  • Balcony
  • Bb Hs Internet Available
  • Cable Connected
  • Ceiling Fans(S)
  • Courtyard
  • Electricity Connected
  • Fence
  • Private yard
  • Public
  • Sewer Connected
  • Storage
  • Thermostat
  • Water Connected
  • Wet Bar

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.