2107 Pine Terrace Sarasota, FL 34231

$745,000
4
Beds
3
Baths
0.23
Acres
2,016
SQFT
370
$/SQFT
$745,000
4
Beds
3
Baths
2,016   sf
$370 / sf
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Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor

Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sarasota
  • Area
    34231 - Sarasota/Gulf Gate Branch
  • Tax Amount
    $1,443
  • Status
    Active
  • Listing #
    S5112899
  • Built
    1959
  • Lot Size
    0.23
  • Listed on site
    171 days

Listed by:
Dreampreneurs Llc

Source:
StellarMLS

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School Info

Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Month

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • No Pool
  • Parking
  • Stucco

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Walk-In Closet
  • Laundry Hookup
  • Tile - Floors

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
Nov 18, 20244 mos agoPrice increased57,000 (8%)$745,000
Oct 4, 20245 mos agoPrice decreased27,000 (4%)$688,000
Oct 3, 20245 mos agoPrice decreased20,000 (3%)$715,000
Sep 24, 20246 mos agoNew on market$735,000
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Photo of Katy McBrayer-Lynch
Katy McBrayer-Lynch