2107 Pine TERRACE, Sarasota, FL 34231

$745,000 Asking Price

4 beds
3 baths
2,016  sqft
Built in 1959

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

Features & Amenities

Interior

General:
Living Room/Dining Room Combo, Walk-In Closet(s)
Appliances:
Cooktop, Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
Laundry:
In Kitchen
Flooring:
Tile
A/C:
true, Central Air, Mini-Split Unit(s)
Heating:
true, Central
Fireplace:
Living Room, Fireplace

Exterior

General:
Rain Gutters
Parking:
Driveway, Open, Oversized

Construction

Roofing:
Shingle
Windows:
Blinds
General:
Stucco, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Sarasota

Lot

Zoning:
RSF3, E 74 FT OF LOT 9 & W 7 1/2 FT LOT 10, BLK D, SUBJ TO 925 SF UTILITY ESMT TO COUNTY AS DESC IN ORI 2003108705, HARBOR OAKS UNIT 2, 0075050009

Utilities

Utilities:
Cable Connected, Electricity Connected, Sewer Connected, Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
DREAMPRENEURS LLC, Laura Ortenzio

About Sarasota, FL

Housing

Number of Units
152,825
Median Home Value
$341,369
Median Rent
$1,292

27.49% of housing units are renter occupied.

18.88% are vacant.

Commute

Car
66.43%
Public Transportation
0.60%
Walk to Work
0.72%
Work from Home
31.09%
Other
0.55%

The median travel time to work is 16 minutes.

People

Population
264,751
Median Age
51.20
Median Household Size
2.39

Education

High School
26.25%
Associate’s Degree
8.64%
Bachelor’s Degree
22.70%
Graduate Degree
17.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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