One or more photo(s) has been virtually staged. Income-Producing Property with Additional Build Potential in South Sarasota!
This is a rare chance to own a beautifully remodeled 4-bedroom home plus an adjoining lot with a solid 30x24 block workshop/garage (720 sq. ft.) that already has blueprints to be converted into a 2-bedroom, 1-bathroom home. With the lot value alone estimated at $200,000, no HOA restrictions, and owner financing available, this property offers multiple avenues for generating income. The main residence has a proven rental history of $2,800/month on annual leases, and at one time the exterior garage was successfully rented to a handyman businessmaking this a unique opportunity for business owners who want to live and work on the same property. Live in the main house while building a rental next door, create a multi-generational setup, or establish a two-home income stream. Need help making your HGTV Story a reality? We can assist with builder plans and contractors!
The main residence is fully updated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, new HVAC, tankless water heater, and a roof replaced in 2020. A private in-law/guest suite with its own entrance, spa-like bathroom, and living room makes the home ideal for Airbnb or rental use, while three additional bedrooms and a stylish second bath provide plenty of space for family or guests.
Outdoors, enjoy multiple entertainment areas including a raised deck with built-in seating, screened lanai, and awning-covered patio, all set among lush mature landscaping with an extra-wide stone driveway. Theres room to add a hot tub or pool, further boosting rental appeal.
Situated off US41 directly across from The Landings, this property provides unmatched convenience to Phillippi Estate Park, Sarasotas shopping and dining districts, and the world-famous beaches of Siesta Key and Turtle Beach.
This combined package delivers a turnkey remodeled home plus a ready-to-dev