3509 NORWOOD CT, SARASOTA, FL, 34234
$799,900
Residential Income
Bedrooms
8
Bathrooms
4
Living Area
1,792 Sqft
Lot Size
12,240 Sqft
Rare investment opportunity in Sarasota's highly sought-after Indian Beach neighborhood for under $800K! This vintage mid-century 4-plex features durable concrete block construction, thoughtfully designed as two facing duplexes surrounding a private, complex-only pool. Each of the 4 units offers 2 bedrooms, 1 bathroom, its own dedicated carport, and an individual laundry room for maximum tenant convenience. The back two units highlight recent remodeling upgrades and new appliances. With 2 units currently rented below market value, & 2 still vacant, this property offers immediate upside potential and increased cash flow for investors. Unbeatable location just minutes from Ringling College, Downtown Sarasota, US-41, and local beaches. Don't miss this high-demand, low-turnover income generator!
Property Details
Property Features Property Features
MLS ID: MFRA4701502 Year Built: 1960
Appliances: Dishwasher, Range, Refrigerator Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Sarasota Exterior Features: Courtyard
Foundation Details: Slab Furnished: Unfurnished
Heating: Central, Electric Laundry Features: Inside, Laundry Room
Levels: One Listing Agreement: Exclusive Agency
Listing Terms: Cash, Conventional Parking Features: Covered, Ground Level
Pool Features: In Ground Property Sub Type: Quadruplex
Property Type: Residential Income Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Other
Sewer: Public Sewer Showing Requirements: Appointment Only, Contact Call Center, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity
Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected Water Source: Public
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