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$4,299,999

1234 15th Street Sarasota, FL 34236 • Multi Unit - Multiple • Active

  • 1234 15th Street, Sarasota, FL 34236 Main Photo

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Description

Exceptional opportunity to acquire a boutique vacation rental investment in Sarasota. This four-suite property offers a flexible hospitality concept, with accommodations available as four individual suites, two combined suites, or an exclusive full-property buyout. The property's published seasonal nightly rate schedule supports approximately $281,720 in theoretical annual gross rental revenue when operated as four individual suites at full occupancy, before expenses and fees. Illustrative gross rental revenue ranges from approximately $225,000 at 80% occupancy.The ability to accommodate different group sizes offers investors multiple revenue-management strategies and the opportunity to optimize seasonal demand. An attractive opportunity for buyers seeking a boutique hospitality asset with flexible rental configurations.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Heat Pump
Lot Size: 0.14 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $3,688
Year Built: 2025

General Information

Bedrooms: 8
Sqft: 3,198
County: Sarasota
Subdivision: VALENCIA TERRACE REV
Listed By:
Frank Golio Jr., PLLC LEGACY BAY PARTNERS 941-400-3808

Amenities

Carbon Monoxide Detector(s)
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Stone Counters
Window Treatments
Lighting

Property Features

Annual Net Income: 250000.00
Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
Directions: 1. Head North on S Tamiami Trl (US 41 N) toward downtown Sarasota.2. Continue straight as US 41 N transitions into Mound St, then curves right to become Bayfront Dr along the waterfront.3. Keep following the road as it curves right again and becomes N Tam
Exterior: Block
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.14
Other Equipment: Smart Locks
Other Structures: Shed(s), Storage
Ownership: Fee Simple
Parking: Ground Level
Parking Notes: Ground Level
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Water: Public
Water Access Y/N: No
Windows: Carbon Mono/Detector
Zoning: NT
$4,299,999
8beds
3,198sqft
New to the Market Active
BEDS8 BATHS SQUARE FEET3,198 MLS#A4710145
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONVALENCIA TERRACE REV

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1234 15th Street, Sarasota, FL 34236.

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Estimated Payment

$ 16,064.68 per month $14,503.18 Principal & Interest $307.33 Property Tax $1,254.17 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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