Welcome to this Sarasota gem — a beautifully renovated and fully furnished triplex that combines modern amenities with a prime location. This property is an exceptional opportunity for investors or those looking to live in one unit while renting out the others.
The exterior of the triplex has been meticulously updated with new landscaping and stylish pavers, creating an inviting curb appeal. The artificial turf in the backyard ensures low maintenance, while the newly installed fence offers privacy for each unit. A new roof, updated electric meters, and modern sand finish on the exterior walls ensure long-term durability. The property also features new energy-efficient windows and doors, enhancing both security and aesthetics.
Each of the three units has been thoughtfully remodeled from top to bottom and is being offered fully furnished, making them move-in ready. The electrical systems and HVAC units are all newer, providing peace of mind and efficiency. Modern flooring adds a contemporary touch, while the updated kitchens boast new cabinets, sleek appliances, and ample counter space. The bathrooms are equally impressive, with new vanities, toilets, and showers, all designed with style and functionality in mind. Fresh paint throughout each unit ties everything together, creating a bright and welcoming atmosphere.
Located just minutes from Lido Beach and the world-famous St. Armands Circle, this triplex offers the perfect blend of coastal living and city convenience. You’ll also be close to downtown Sarasota, with easy access to shops, restaurants, and cultural attractions.
Whether you’re looking for a prime investment property or a versatile home, this triplex offers the best of both worlds and is the perfect addition to your portfolio.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$815,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $652,000 | $652,000 | $652,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.409% | 6.360% | 6.201% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,014 | $4,014 | $5,502 |
Total Monthly Payment | $4,731 | $4,731 | $6,219 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.