$719,000
Property details
About this home
NEW PRICE-Well-maintained, income-producing turn-key duplex located at 3710 & 3712 Iroquois Avenue in the established Sapphire Shores submarket of Sarasota. Each unit is configured with 2 bedrooms and 1 bath each 852 square feet, offering functional layouts with updated kitchens, remodeled baths, and efficient living and dining spaces that support consistent tenant demand. Interior renovations were completed in 2017, followed by substantial capital improvements in 2020, including new stucco, roof, windows, flooring, kitchens, and baths—reducing near-term capital exposure. Each unit operates independently with separate utilities and in-unit laundry, supporting operational efficiency and long-term tenancy. One A/C was replaced with new, in 2024. All furnishings convey, allowing for a turnkey transition and uninterrupted rental operations. The property demonstrates consistent occupancy and documented performance of both 2024 and 2025, each north of $70,000 gross, with forward bookings already in place for 2026. No HOA and no CDD provide added flexibility and help contain ongoing ownership costs. Operating expenses are tracked annually and available for review. Sapphire Shores remains a durable rental location due to its proximity to Downtown Sarasota, the Ringling Museum District, bayfront parks, and direct access to US-41, beaches, and major employment corridors. This asset offers a proven rental history, completed capital upgrades, and stable location fundamentals—well-suited for an investor prioritizing durability, efficiency, and long-term hold potential. Complete financials, operating history, available. Showing scheduled on the turnover days schedule, permitting.
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