2721 Mall Drive Sarasota, FL 34231

$599,900
0.08
Acres
$599,900
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Great investment opportunity in popular Gulf Gate! This unique property is within a 5 minute walk to 20+ restaurants (including some of Sarasota's best!) and interesting shops and services. Located in a small strip center with front parking, it is just a short drive to the famous Siesta Key beach, and the bus to Siesta Key is only 2 blocks away. The 1st floor retail space includes a showroom, retail counter, large office/conference room, 2 restrooms, photo booth, storage room, and closet. The 2nd floor has a spacious open floor plan with living room, dining room, 3 bedrooms, 2 full baths, separate laundry room, office nook, screened-in Lanai, and it’s own separate entrance with 2 parkingspaces. The 2nd floor, which may also be accessed via interior stairs from the 1st floor if desired, was previously rented 95% of the year on VRBO. MANY POSSIBILITIES: use or lease the 1st floor for a restaurant or store and live upstairs – or lease the separate 2nd floor for extra income – or sell off the 2nd floor unit. (2nd floor furniture has been removed - unit will be delivered empty of furniture)

Great investment opportunity in popular Gulf Gate! This unique property is within a 5 minute walk to 20+ restaurants (including some of Sarasota's best!) and interesting shops and services. Located in a small strip center with front parking, it is just a short drive to the famous Siesta Key beach, and the bus to Siesta Key is only 2 blocks away. The 1st floor retail space includes a showroom, retail counter, large office/conference room, 2 restrooms, photo booth, storage room, and closet. The 2nd floor has a spacious open floor plan with living room, dining room, 3 bedrooms, 2 full baths, separate laundry room, office nook, screened-in Lanai, and it’s own separate entrance with 2 parkingspaces. The 2nd floor, which may also be accessed via interior stairs from the 1st floor if desired, was previously rented 95% of the year on VRBO. MANY POSSIBILITIES: use or lease the 1st floor for a restaurant or store and live upstairs – or lease the separate 2nd floor for extra income – or sell off the 2nd floor unit. (2nd floor furniture has been removed - unit will be delivered empty of furniture)

  • Neighborhood
  • Type
  • County
    Sarasota
  • Area
    34231 - Sarasota/Gulf Gate Branch
  • Tax Amount
    $4,919
  • Status
    Active
  • Listing #
    A4616326
  • Built
    1984
  • Lot Size
    0.08
  • Listed on site
    171 days

Listed by:
Keller Williams On The Water S

Source:
StellarMLS

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Property details

Community Features

  • No HOA

Property Features

  • Has Virtual Tour

Exterior features

  • No Pool
  • Parking

Interior Features

  • Central Air Conditioning
  • Washer Dryer In Unit

Style

  • Multi Level

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Sep 23, 20243 mos agoPrice decreased29,100 (5%)$599,900
Jul 8, 20246 mos agoNew on market$629,000
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