The Cove at Siesta Gateway | 1615 Stickney Point Rd
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The Cove at Siesta Gateway 1615 Stickney Point Rd Immeuble residentiel 7 lots 1 146 522 € (163 789 €/Lot) Taux de capitalisation 6,54 % Sarasota, FL 34231
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Favorable Seller Financing w/ Interest-Only Payments & No Flood/Wind Insurance Requirements (See Offering Memorandum Pg. 20)
- All Units Feature Modern Upgrades Including Luxury Vinyl Plank Flooring, Quartz Countertops, White Cabinetry, New Appliances, Fresh Paint, and Updated
- Favorable RMF-4 Zoning Providing Flexibility for Future Re-Development & Prominently Located “West of the Trail” (US-41)
- Extensively Renovated Following Last Year’s Hurricanes, Including Drywall Replacement & Interior Restoration—Resulting in Fully Updated, Move-In Ready
- Recent Capital Improvements Include New Roofs, Upgraded PVC Plumbing, Fresh Exterior Paint, Enhanced Landscaping, and a Newly Shelled Parking Area—Eli
- Just a Half-Mile Walk to Public Beach Access 12 Connected to Siesta Beach—Ranked Florida’s #1, USA’s #2 Beach (TripAdvisor 2024)
RÉSUMÉ ANALYTIQUE
**REVISED LIST PRICE | FAVORABLE SELLER FINANCING (See OM)**
The Multifamily Firm is pleased to present The Cove at Siesta Gateway, a recently renovated 7-unit multifamily asset located just minutes from Siesta Key Beach in Sarasota, FL. This turnkey asset offers a compelling blend of immediate income potential, short-term rental upside, and long-term redevelopment flexibility—all in a premier coastal location just a half-mile walk to Public Beach Access 12 and a short stroll to Benderson’s new 24-acre Siesta Promenade mixed-use development.
The property consists of 7 units across 3 solid masonry buildings on a 0.34-acre parcel and has undergone extensive renovations over the past 5 months, including drywall replacement and full interior restorations. All units now feature luxury vinyl plank flooring, quartz countertops, white cabinetry, stainless appliances, fresh paint, and updated bathrooms. Recent capital improvements also include new roofs, upgraded PVC plumbing, exterior paint, refreshed landscaping, and a newly shelled parking area that eliminates lawn care costs. With favorable RMF-4 zoning, future redevelopment potential adds to the investment appeal, while favorable seller financing is available for qualified buyers. Investors can further enhance returns by operating select units as seasonal vacation rentals, capitalizing on proximity to Florida’s top-rated beach.
The Multifamily Firm is pleased to present The Cove at Siesta Gateway, a recently renovated 7-unit multifamily asset located just minutes from Siesta Key Beach in Sarasota, FL. This turnkey asset offers a compelling blend of immediate income potential, short-term rental upside, and long-term redevelopment flexibility—all in a premier coastal location just a half-mile walk to Public Beach Access 12 and a short stroll to Benderson’s new 24-acre Siesta Promenade mixed-use development.
The property consists of 7 units across 3 solid masonry buildings on a 0.34-acre parcel and has undergone extensive renovations over the past 5 months, including drywall replacement and full interior restorations. All units now feature luxury vinyl plank flooring, quartz countertops, white cabinetry, stainless appliances, fresh paint, and updated bathrooms. Recent capital improvements also include new roofs, upgraded PVC plumbing, exterior paint, refreshed landscaping, and a newly shelled parking area that eliminates lawn care costs. With favorable RMF-4 zoning, future redevelopment potential adds to the investment appeal, while favorable seller financing is available for qualified buyers. Investors can further enhance returns by operating select units as seasonal vacation rentals, capitalizing on proximity to Florida’s top-rated beach.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 146 522 € | Style d’appartement | De faible hauteur |
| Prix par lot | 163 789 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,14 ha |
| Taux de capitalisation | 6,54 % | Surface de l’immeuble | 246 m² |
| Nb de lots | 7 | Nb d’étages | 1 |
| Type de bien | Immeuble residentiel | Année de construction/rénovation | 1955/2025 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,32/1 000 m² |
| Zonage | RMF-4 - Residential Multifamily District (RMF-4) | ||
| Prix | 1 146 522 € |
| Prix par lot | 163 789 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,54 % |
| Nb de lots | 7 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,14 ha |
| Surface de l’immeuble | 246 m² |
| Nb d’étages | 1 |
| Année de construction/rénovation | 1955/2025 |
| Ratio de stationnement | 0,32/1 000 m² |
| Zonage | RMF-4 - Residential Multifamily District (RMF-4) |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Sol en vinyle
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TAXES FONCIÈRES
| Numéro de parcelle | 0104-13-0023 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 363 832 € |
TAXES FONCIÈRES
Numéro de parcelle
0104-13-0023
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
363 832 €
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The Cove at Siesta Gateway | 1615 Stickney Point Rd
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