Exceptional 3/3 Income-Producing Property with Positive Cash Flow | Steps from Sarasota Bay
This rare opportunity offers immediate income with exceptional long-term upside. The property features a 2-bedroom, 2-bath main residence plus a fully equipped studio apartment, creating the perfect setup for investors, house hackers, or multi-generational living.
Located just feet from… Read More Sarasota Bay, the home is fully furnished and completely turnkey, allowing for seamless short-term or long-term rental operations from day one. With no HOA, a deeded boat ramp, ample boat and guest parking, and zoning that allows for duplex use, this property stands out as both a lifestyle asset and a powerful investment.
Recent major upgrades include a metal roof tankless water heater, and HVAC system (approx. 5–6 years old), providing peace of mind and long-term efficiency.
The oversized lot provides significant space for the addition of a tall rear structure, offering even more income potential or expanded living options. Whether you’re looking to grow your portfolio, offset your mortgage with rental income, or create a flexible living environment, this property delivers on every front.
Water access, cash flow, flexibility, and future expansion — opportunities like this are exceptionally rare. Read Less
Built in 1956, Living area: 1075, Living area units: Square Feet, Building faces East, 1 storey, Levels: One, Construction Materials: Concrete, Stucco
Cooling
Central Air
Exterior Features
Patio/Porch Features: Porch, Rain Gutters
Floors
Tile
Foundation
Slab
Garage
1 space
Heating
Central, Heat Pump
Interior Features
Ceiling Fans(s)
Laundry
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Lot
0.22 acres, Oversized Lot, Unincorporated
Pets Policy
Allowed: Yes
Property
Water
Roof
Metal
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 7587900007, Public Survey Range: 16E, Public Survey Section: 11, Annual Amount: $3,030.55, Tax Book Number: 10-78, Legal Description: BEG AT THE NW COR OF LOT 62 OF AMENDED PLAT OF CORTEZ ADD TO CORTEZ, AS PER PLAT THEREOF REC IN PB 2 P 59, SD PT BEING A CON MON; THENCE RUN SLY ALG THE W LN OF SD LOT 62 A DIST OF 1050 FT TO THE POB; THENCE RUN ELY PARALLEL WITH THE N LN OF SD LOT 6 2 A DIST OF 130.0 FT TO A PT; THENCE RUN SLY PARALLEL WITH THE W LN OF SD LOT 62, A DIST OF 75.0 FT TO "THE POB", Lot: 62, Year: 2024, Zoning: RDD6/CH
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected, Water Source: Public
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