SARASOTA, FL 34237 2164 8th STREET
$878,000
Pending
55 more
Presented By: COASTAL CONNECTION REALTY with 941-896-9991. - 941-896-9991
Beds • 8
Baths • 4
SQFT • 2,880
Home Details
Under contract-accepting backup offers. Your chance to own a 4 plex just north of downtown Sarasota! This block 4 plex is in fantastic condition with ACs and water heaters updated in 2019 and electrical panels updated in 2014, plus durable vinyl windows. Roof is 2005. MTM rents are currently approximately $1,300/month—well below the $1,800 median market rent for 2/1 units (per Rentometer), offering immediate income growth potential. Located in the sought-after Missing Middle Overlay district, the property also boasts affordable housing redevelopment opportunities with density increases up to a maximum of 35 units/acre (check with the city for details). Close to top restaurants, shopping, and public transit, this is a rare chance to secure a property with long-term upside. Perfect 1031 exchange candidate. We have access to property managers that can help manage your investment if you want a more hands off property.
Presented By: COASTAL CONNECTION REALTY with 941-896-9991. - 941-896-9991
Interior Features for 2164 8th STREET
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Laundry Featuresother
General for 2164 8th STREET
Additional Parcels Description2028050004
Additional Parcels Y/NYes
Building Area Unitssquare feet
Carport Y/NNo
Citysarasota
Construction Materialsblock
Coolingcentral air
Countysarasota
Directionstake us 41 south. turn left on 8th st. 4 plex is on the right.
Exterior Featuresother
FULLfee simple
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
HOAYes
Heatingelectric
Interior Featuresother
Land Lease Y/NNo
Legal Descriptionlot 16 & 18 blk d frank a walpole sub of lots 2 4 & 6 blk l plat of sarasota
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet13010
Lot Size Unitssquare feet
MLS Area34237 - sarasota
ModificationTimestamp2025-01-19t20:55:08.623z
New ConstructionNo
NumberOfUnitsTotal4
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namewalpole frank a
Tax Annual Amount4426.48
Tax Lot16 18
Tax Year2023
Utilitiescable connected, electricity connected, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1973
Zoningdtn
Exterior for 2164 8th STREET
Building Area Total2880
Foundation Detailsslab
Lot Dimensions50 x 130
Lot Size Acres0.3
Lot Size Area13010
Number of Buildings2
Number of Lots2
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic
Additional Details
Price History
Diana Fahmie
Realtor
