Rare opportunity to acquire a turn-key, vacation rental multifamily property with substantial upside potential in a highly sought-after location near Downtown Sarasota. This fully furnished, income-producing asset features 4-Units with a desirable mix of Two, 2-Bedroom and Two, 1-Bedroom floorplans. Two units include private, screened-in pool areas with heated saltwater pools, waterfalls, hot tubs, and outdoor showers. The property showcases high-quality furnishings, curated interior finishes, and lush tropical landscaping that enhances overall curb appeal and guest experience.
Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views.
Located within minutes of Downtown Sarasota, St. Armand’s Circle, and Lido Key Beach, this property offers convenient access to the area’s dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!
Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views.
Located within minutes of Downtown Sarasota, St. Armand’s Circle, and Lido Key Beach, this property offers convenient access to the area’s dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!
Property Details
Price:
$1,750,000
MLS #:
A4652219
Status:
Active
Beds:
6
Baths:
4
Address:
941 VIRGINIA DRIVE
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BAY HAVEN
Neighborhood:
34234 – Sarasota
City:
SARASOTA
Listed Date:
May 12, 2025
State:
FL
Finished Sq Ft:
3,687
Total Sq Ft:
3,687
ZIP:
34234
Lot Size:
16,233 sqft / 0.37 acres (approx)
Year Built:
1945
Units:
4
Schools
Interior
Cooling
Central Air, Mini- Split Unit(s)
Heating
Central
Laundry Features
Inside
Exterior
Construction Materials
Block
Exterior Features
Fenced, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Storage
Other Structures
Shed(s)
Parking Features
Assigned, Off Street
Roof
Shingle
Financial
Tax Year
2024
Taxes
$6,586
Map
Community
- Address941 VIRGINIA DRIVE SARASOTA FL
- SubdivisionBAY HAVEN
- CitySARASOTA
- CountySarasota
- Zip Code34234
Similar Listings Nearby
- 2069 BOUGAINVILLEA STREET
SARASOTA, FL$1,850,000
3.96 miles away
- 1236 13TH STREET
SARASOTA, FL$1,600,000
0.89 miles away
- 624 GOODRICH AVENUE
SARASOTA, FL$1,600,000
1.65 miles away
- 1705 6TH STREET
SARASOTA, FL$1,600,000
1.66 miles away
- 3502 BAHIA VISTA STREET
SARASOTA, FL$1,590,000
4.18 miles away
Courtesy of THE MULTIFAMILY FIRM LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 941 VIRGINIA DRIVE
SARASOTA, FL
LIGHTBOX-IMAGES