145 Cleveland Dr, Sarasota, FL 34236

 -  $1,065,000

MLS® # A4448911

  • 5 Bedrooms
  • 4 Bathrooms
  • 2,515 SQ. Feet
  • 1968 Year Built

Make this 4-unit investment property on Lido Key your home! Live in the 2-bedroom Owner’s Suite while paying your expenses through income generated from the (3) other 1-bedroom units on site. Annual or vacation rentals – all is possible in this desirable location on Lido Beach! Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2020 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armand’s Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace – own a slice of Sarasota history! Sale includes all furnishings, décor, kitchen supplies, linens, beach supplies. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars )

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Price Change History for 145 Cleveland Dr, Sarasota, FL (MLS® #A4448911)

Date Details Change
Price Reduced from $1,095,000 to $1,065,000 $30,000 (2.74%)

Property

Location

  • NeighborhoodLido Beach Div B
  • Address145 Cleveland Dr
  • CitySarasota
  • StateFL

Size And Restrictions

  • Acres0.14
  • Lot DescriptionUp to 10,889 Sq. Ft.

Improvements

  • FenceYes
  • SprinklerNo

Features

  • ViewFlood Zone, In City Limits, Near Public Transit, Street Paved

Utilities

  • UtilitiesCable Available, Cable Connected, Electricity Connected

Market

Interior

Bedrooms And Bathrooms

  • Bedrooms5
  • Bathrooms4.00

Heating And Cooling

  • HeatingCentral, Wall Units / Window Unit
  • Air ConditioningCentral Air, Wall/Window Unit(s)
  • FireplaceYes

Interior Features

  • AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • FeaturesCathedral Ceiling(s), Ceiling Fans(s)

Building

Building Information

  • Year Built1968
  • # Of Stories2
  • RoofMetal, Shingle

Property Features

  • Exterior FeaturesFenced, Lighting

Community

Schools

  • ElementarySouthside
  • MiddleBooker Middle
  • HighBooker

Info

  • OfficeColdwell Banker Res R E

Map & Directions

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on January 21st, 2020 at 5:45pm EST.

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