Unique opportunity to invest in a multi-building income property featuring a single-family home and two rental apartments. Whether you choose to live in the main house yourself or rent out all three units, the rental income potential is fantastic. This property rests on a corner lot tucked into the McClellan Park neighborhood--a historic Sarasota community located West of Trail within walking, biking, or driving distance to the Southside shopping district, Siesta Key Beach, downtown Sarasota, and so much more. The main house is separated from the two-story rental unit by a shared driveway which allows for ample parking and two access points for vehicle passage as well as a four car garage. Rental unit 90% renovated in 2017, awaiting finishing touches. The home has old-world charm with original hardwood flooring and cypress tongue and groove planking throughout, an updated kitchen, and five-bedrooms. The detached rental has identical units on the first and second floors, each featuring a porch, separate outdoor entry, two-bathrooms and two-bedrooms, plus laundry room. The property also includes a detached garage with two over-sized parking spaces, a utility shed, fenced yard, and a well for irrigation. Tenant currently leasing downstairs unit.
Off market
Zestimate®
$2,783,600
1741 Illehaw Dr, Sarasota, FL 34239
2beds
2baths
4,418sqft
MultiFamily
Built in 2019
-- sqft lot
$2,783,600 Zestimate®
$630/sqft
$2,574 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2.5
Heating
- Other
Features
- Flooring: Other, Hardwood, Laminate
Interior area
- Total interior livable area: 4,418 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 0.42 Acres
Details
- Parcel number: 2038070069
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Slab
- Roof: Other
Condition
- Year built: 2019
Community & neighborhood
Location
- Region: Sarasota
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,783,600