Chad Wix
REALTOR®
BEDS8
BATHS
SQUARE FEET3,198
MLS#A4710145
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONVALENCIA TERRACE REV
Property 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 Features
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
Amenities
Carbon Monoxide Detector(s)
Ceiling Fans(s)
Living Room/Dining Room Combo
Open Floorplan
Stone Counters
Window Treatments
Lighting
Feature Descriptions
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
Listed By / Shown By
Listed By
Agency Name: LEGACY BAY PARTNERS
Agency Contact: 941-702-3635
Shown By
Agent Name: Chad Wix
Agent Phone:
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 11,131.44 per month $9,569.94 Principal & Interest $307.33 Property Tax $1,254.17 Homeowner's InsuranceChange Payment Information
Chad Wix
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1234 15th Street | MLS# A4710145
This multi-family property located at 1234 15th Street, Sarasota, FL 34236 is currently listed for sale with an asking price of $4,299,999. Search Sarasota real estate on chadwix.floridaexecutiverealty.com today.