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32754868
32754866

2027 Florinda Street, Sarasota, FL 34231

AO
FL SL3631068
$450,000
43 days on market
Updated 43 days ago

2027 Florinda Street

Details
Property Type Multifamily
Square Footage 1,441
Cap Rate 7.16%
NOI $32,200
Occupancy 100%
Pro-Forma Cap Rate 8.16%
Pro-Forma NOI $36,700

Solid block duplex in a desirable Sarasota location

Marketing description

Excellent investment opportunity with this solid block duplex in a desirable Sarasota location, offering strong in-place income and long-term upside. Two units both 2 bedroom 1 bathroom. One unit has been recently updated with a brand-new kitchen, newer tile flooring, and an updated bathroom, currently rented at $1,800/month. The second unit is in good condition with a long-term tenant in place paying $1,425/month, providing stable cash flow from day one. Tenants pay utilities, helping keep operating expenses lower for ownership. Additional improvements include fully stoned driveway, adding additional parking, fresh landscaping, a 2019 roof and newer HVAC systems, making this a strong, low-maintenance long-term investment in a growing Sarasota market. Agent is the owner.

Investment highlights

Two units both 2 bedroom 1 bathroom. One unit has been recently updated with a brand-new kitchen, newer tile flooring, and an updated bathroom, currently rented at $1,800/month.

The second unit is in good condition with a long-term tenant in place paying $1,425/month, providing stable cash flow from day one.

Tenants pay utilities, helping keep operating expenses lower for ownership.

Listing Contacts

AO
FL SL3631068

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$32,200.00
$2,683.33/mo

Valuation Metrics

0
DSCR
7.16%
Cap Rate
7.16%
ROI

Map

Zoning

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RSF-3 ResidentialSingle FamilyResidential Single Family 3
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Austin Oakes
License
SL3631068
Brokerage Phone
(941) 955-1500
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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