1. Florida
  2. Sarasota
  3. 941 VIRGINIA DRIVE
$1,750,000

941 VIRGINIA DRIVE, Sarasota, FL 34234

  • 6 beds |
  • 4 baths |
  • 3,493 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $501/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

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!

Listing Status:
Active
Date Added:
May 12, 2025 at 05:00AM
Listing Office:
THE MULTIFAMILY FIRM LLC : 941-444-6160
Listing Agent:
Phil Ginexi : 631-404-6060
MLS ID:
A4652219
  • General: Ceiling Fan(s)Eating Space In KitchenOther
  • Rooms: Garage ApartmentInterior In-Law Suite w/Private Entry
  • Laundry: Inside
  • A/C: Central AirMini-Split Unit(s)
  • Heating: Central
  • Fireplace: Family RoomLiving RoomFireplace

This listing courtesy of Phil Ginexi, THE MULTIFAMILY FIRM LLC

Location

Schools Nearby

B

Bay Haven School of Basics Plus

2901 W Tamiami Cir, Sarasota, FL, 34234

Grades KG-5

0.08 miles away

S

Sarasota School of Arts/Sciences

717 Central Ave, Sarasota, FL, 34236

Grades 6-8

1.39 miles away

B

Booker High School

3201 N Orange Ave, Sarasota, FL, 34234

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.