1610 24th St

Sarasota, FL 34234
image0

3 bd, 2 ba | 1,460 sqft | Built in 1946

slider image
slider image
slider image
List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,490

Total Return

$98,512

Annualized Return

15.6%

Cap Rate

6.1%

Gross Yield

8.5%

Cash Flow

$1,161

Appreciation

4.8%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,611

HOA

None

Flood Risk

Not Required

““This elegantly renovated single-family home, ideally situated near Sarasota’s lively Downtown,”. Features 3 bedrooms and 2 baths. This property offers a prime investment opportunity for those seeking a smart and profitable investment. With no HOA fees or deed restrictions, you have the freedom to make this property your own, whether you're looking to bring your pets, boat, RV, or work truck. Recent renovations include a new kitchen with stainless steel appliances, fresh flooring, interior and exterior paint, new doors, and ceiling fans. The property boasts a 7-year-old roof and a brand-new fence. Ample parking is available in the huge front yard. Situated in the desirable central Sarasota area, it offers easy access to Ringling College of Art and Design, SRQ Airport, Sarasota Memorial Hospital, UTC Mall, Sarasota/Bradenton Intl. Airport, minutes to the world-renowned Siesta Key Beach. Shopping, Restaurants and much more. Call now to schedule a private showing!”

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$28,386

Expenses

-$5,053

Property Taxes

-$3,150

Loan Payments

-$19,022

Net Cash Flow

$1,161

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Emil Ramirez
Agent License 3379718
SRQ INTERNATIONAL REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4618355
Last Updated: 07/26/2024 17:07
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.