Sarasota County Real Estate Search

Sarasota County Income Driven Properties for Sale

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Newest Sarasota County Income Driven Properties for Sale

$3,500,000
Siesta Beach House SubDv. 34242 Zip Code
Investors, Developers, Vacation Rental Operators, Event Venue Owners, Family Compound Seekers… unlock the potential of this rarely available beachside opportunity on world-renowned Siesta Key! With significant high-end development in progress on Windsong Lane, we welcome you to what is well on its way to becoming one of the most coveted streets on Siesta. Existing quadplex with private gated & deeded beach access, currently a short term rental, has generated over $350K gross revenue in the past 12 months. Surrounded by luxury new builds (pictured in photos), current RMF-3 zoning has no rental minimums and allows for construction of 3 new units... OR utilize/ improve the existing 4 units for multigenerational living, a family compound, wedding venue, corporate retreat, event space – so many possibilities. Currently sleeps 30 people. Beautifully landscaped lot with heated + cooled pool, abundant pavered parking, outdoor meeting space, al fresco dining areas, multiple patios and balconies. Priced below recent appraisal, as first floor is currently demo’d and ready for renovation. Located on a secluded street with trolley stop convenience, offering easy access to both ends of the key. With redevelopment potential and luxurious living, embrace the opportunity to own a piece of paradise and make your mark on this exceptional property. Please call owner directly for more info and your private showing.

1135 Windsong Lane, Sarasota

$10,950,000
Acreage & Unrec SubDv. 34275 Zip Code
Escape Resort and Marina is a rare opportunity to purchase a profitable boutique resort that exudes a tropical sophistication that is rarely found. This tropical oasis is comprised of seven buildings with enormous suites that have very recently been thoughtfully reconstructed. This Casey Key resort is located on over one acre of lushly landscaped waterfront paradise that is only steps from the pristine sand and welcoming waves of the Gulf of Mexico and located near delicious waterfront restaurants and world class shopping. The lushly landscaped paver walkways lead to 14 expansive rooms each open onto the outdoor patios & balconies with many rooms having a waterfront view. All recently reconstructed rooms have been extensively renovated with features that include all new roofs, electrical and plumbing, HVAC and mechanical systems, new drywall with wall to ceiling finishes, new flooring throughout, new category 4 windows and doors and light fixtures. Each room offers new full-sized kitchens with high quality cabinetry, countertops and stainless-steel appliances, flat top stoves, microwaves, and dishwashers. Rooms range from 2 bedroom with den/3 baths to large one-bedroom suites. Onsite, guests enjoy a large pool and sundeck, hip, fun common areas including a beautiful waterfront clubhouse with full kitchen, a waterfront amphitheater with firepit, BBQ grilling areas, bicycle and kayak rentals, and workout facilities. The enormous modern rooms are styled to perfection and adorned with flat-screen TV’s, free Wi-Fi, and high-end furnishings. The attention to detail is awe inspiring as represented by the high guest review ratings and return clientele. This is a very profitable resort that has consistently experienced year after year increases in occupancy/ADR with very strong projections for 2024. The recently reconstructed 15 dock marina provides an additional generous steady stream of income. The marina is located on sailboat water and can accommodate boats up to 50 feet, contains up to 50-amp electric, water, nine 20-foot finger pipers as well as one covered boat slip with lift. Escape Resort is truly a premier year-round waterfront resort and marina. The demand for waterfront island Vacation Rentals is extraordinary and this resort stays consistently full. Escape Resort and Marina is located on coveted Casey Key Island nestled just south of world-renowned Siesta Key and quaint Venice Island and is a short drive into Sarasota, the cultural capital of the south. This island has very little accommodation competition and rooms can be rented nightly, weekly, or monthly. This Florida island beach lifestyle includes awe-inspiring sunsets and guests enjoy this amazing experience. With all of the upgrades recently completed, this is a turn-key investment for any entrepreneur or experienced hotelier that will bring tremendous cash flow while enjoying a true Island beach experience. Please DO NOT walk the property without permission and DO NOT disturb Seller or Employees.

212 Casey Key Road, Nokomis

$489,000
Nokomis SubDv. 34275 Zip Code
Completely remolded duplex for sale in just blocks from the water in the boating and fishing community of beautiful Nokomis, Florida. This stunning property offers a rare opportunity for both homeowners and investors to take advantage of the tremendous tourism in this amazing city situated on the Gulf of Mexico. Just minutes away from the Nation’s most desired beaches, world class dining, shopping, many first rate medical facilities, an abundance of outdoor activity and some of the top schools in Florida. The complete remodel included high quality wood simulated vinyl flooring, granite counter tops, can lighting, new downstairs air conditioner (upstairs air conditioner is less than 5 years old), new rain gutters, stainless steal appliances, complete kitchen and bathroom remodel, fresh paint on the interior and exterior, new patio deck (upstairs), impact windows in both the downstairs and upstairs units and much more. An amazing open floor plan was created in both units to allow for excellent entertaining opportunities or relaxing with family. New hurricane proof windows throughout the property allow an abundance of natural light. Each unit within this duplex offers spacious and inviting living areas. With two (2) bedrooms and one (1) bathroom in each unit, there’s plenty space for both living and parking. The property accommodates 5 vehicles and has space for an RV as well. This is an excellent opportunity for long-term and short-term vacation rentals as well as an amazing property for seasonal vacationing for your entire family. Outdoor living is one of the highlights of this duplex. Both the front and backyard of this property provide the perfect setting for activities such as family BBQs, outdoor entertainment or just relaxing with family and friends. There are two (2) separate outdoor laundry rooms for each unit with complete hook-up for a full sized washer and dryer. The laundry rooms also provide room for plenty of storage. Whether you're looking to invest or to reside in one unit while renting out the other, this duplex presents a fantastic opportunity. Don't miss out on the chance to own this incredible property in one of Florida's desirable real estate market. It should also be noted that there is space to add on another studio apartment if this property is being considered for additional income potential.

240 Colonia Lane E, Nokomis

$1,050,000
4 Beds South Highland SubDv. 34231 Zip Code
Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income. We proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary. Radiating exclusivity, this income-producing gem is strategically positioned just steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club, and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment. This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations, or community development districts, this property offers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees. Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation. Each unit features two bedrooms, two full baths, and a private outdoor retreat on each side surrounded by lush foliage—a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring, and custom plantation shutters blend style with functionality. Outside, residents, guests, and renters enjoy a coastal paradise with swaying palm trees, sandy expanses, and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews. Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle—an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking, and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers, and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished. Seize this chance to own a rare cash flow property in one of Sarasota's most desirable neighborhoods. The blend of upscale living, prime location, and lucrative rental potential makes this duplex a standout investment in the thriving Sarasota real estate market. Don't miss out on this rarely available duplex for sale—an exceptional opportunity for discerning investors and homeowners alike.

1805 Ivanhoe Street, Sarasota

$4,800,000
Bay Point Rep SubDv. 34275 Zip Code
Located in the heart of Nokomis, Florida, 499-501-505 South Tamiami Trail offers an exceptional commercial property that combines a prime location with ample space, making it a perfect investment for a variety of businesses. This property is ideally positioned on a bustling thoroughfare, ensuring maximum visibility and easy access for clients and customers. The property spans on an impressive area of 1.5 acres on 3 separate lots, providing 2 buildings, one with over 2,600 square feet and office space and the second building with over 3,000 square feet of versatile space suitable for various commercial uses. Zoned CG per county Zoning code. Whether you are looking to establish a retail store, office space, restaurant, marina or a combination of uses, this property offers the flexibility to meet your business needs. The layout is designed to accommodate high traffic, the 500 feet of waterfront with over 150 feet of dockage and one lift make it a very unique and ideal commercial investment. One of the standout features of 499-501-505 South Tamiami Trail is its strategic location. The property can be accessed by water or road. Positioned on a major artery of Nokomis, it benefits from high daily traffic counts, ensuring your business will receive the exposure it needs to thrive. The surrounding area is a vibrant mix of residential neighborhoods and commercial establishments, creating a dynamic environment that attracts both locals and visitors. The property boasts ample parking, a critical asset for any business operation. Easy access to the parking area ensures convenience for customers, enhancing their overall experience. In summary, 499-501-505 South Tamiami Trail in Nokomis, Florida, represents a unique commercial real estate opportunity. With its prime location, waterfront property, and versatile space, it is an ideal choice for entrepreneurs and established businesses looking to expand. Don’t miss the chance to secure a prime spot in one of Florida’s thriving commercial corridors.

501-505-499 S Tamiami Trail S, Nokomis

$625,000
5 Beds Warm Mineral Springs SubDv. 34287 Zip Code
RARE!LOCATION! LOCATION!NO HOA OR CDD! LOW TAXES! FULLY RENTED (left one unit for showings)!NOT FLOOD ZONE! Welcome to a great opportunity to own an executive style QUAD-MULTIFAMILY home in the desirable city of North Port.Situated in a vibrant and thriving community minutes away from Warm Mineral Springs, this property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm. This home benefits from its prime location, offering easy access to an array of amenities and attractions. These are just a few of the upgrades and meticulous upkeep of this spectacular home. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. Fishing enthusiasts will delight in the world-class fishing opportunities, while golf aficionados can indulge in a variety of renowned golf courses. North Port is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Myakka River State Park is another nearby gem, enchanting visitors with its stunning landscapes and diverse flora and fauna. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. North Port also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Do not miss out on this exceptional opportunity to craft your dream home or invest in a prime location. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property! MORE PICTURESARE COMING!

12210 Genoa Drive, North Port

$649,000
Palmyra SubDv. 34234 Zip Code
Excellent income potential! Located just north of downtown Sarasota, this newly constructed steel building is designed for ultimate durability and energy efficiency while featuring a smartly designed floor plan that maximizes space. Key features include multi-family zoning, ideal for income-producing investments or as a spacious single-family home with five bedrooms and three full baths, and flexible floor plans, where you can choose from several layouts, including options to rent out units separately. The larger unit offers three bedrooms, two full baths, a full kitchen, and a large open living space. The smaller unit includes two bedrooms, one full bath, a kitchenette, and a dining area. With durability in mind, the building was built to withstand winds up to 180 mph with impact windows and doors, ensuring safety and security during storms. Energy-efficient design minimizes maintenance, with a metal roof, HVAC system, and new appliances under warranty. LED lighting and luxury vinyl plank flooring throughout. With spacious and bright interiors, the sunlit rooms offer an expansive feel and seamless flow from one area to the next. The open-concept kitchen in the larger unit rivals high-end custom homes, featuring all-wood cabinets with soft-close drawers, a large kitchen sink, neutral tile backsplash, rolling center island, stainless steel appliances, and quartz countertops. Upstairs, two generously sized bedrooms with vaulted ceilings provide an urban loft ambiance. The standout feature of this property is the three-car garage with roll-up doors and a 21-foot ceiling. Some other extras include: High efficiency spray foam insulation low energy bills low consumption efficiency toilets touchless sensor kitchen faucet custom spice sliders and cabinet features private entrances for in-laws or renters dining room is dual purpose flex room with divider blackout curtain; builder offers permanent wall/door install option for additional bedroom. Location near 301 quick access downtown and to 41 beaches St. Armond, Ana Marie Island, Etc... This versatile space is perfect for a home-based business and can be customized, including the potential to build an upstairs loft. With no HOA, you can enjoy the freedom to park boats and RVs with additional parking areas available. Why choose this barndominium? This property combines modern urban living with the practicality of creating passive rental income or expanding a home-based business. Discover why the barndominium trend is on the rise with this energy-efficient, low-maintenance home. Visit this brand-new construction by a Green Certified and locally based barndominium builder. Come see for yourself what makes this unique property a rare find in Sarasota. There is a house sitter currently staying in the rear bedroom of the rear unit.

2395 19th Street, Sarasota

$695,000
4 Beds Newtown Heights SubDv. 34234 Zip Code
One or more photo(s) has been virtually staged. This property is ready for an investor that just wants to purchase and lease the next day. Nothing needs to be done. This ground up renovation has left no stone unturned. New plumbing, electrical service, roof, AC, windows, appliances including washer and dryer, fencing, sod and window coverings means close escrow and put out the For Rent sign. The quality of this renovation is seen at every turn. Step into the larger unit, 2728 and find a cute and conveniently designed kitchen/living area combination. Notice the extensive light from the hurricane rated windows and the strategic use of LED lighting. The functional kitchen features granite countertops, stainless steel appliances and access to a stackable washer dryer combination. The guest bath is tastefully designed and convenient to the large guest bedroom across the hall. This bedroom features more natural light from the windows and two closets. This room is larger than some primary bedrooms. The actual primary bedroom is located in the rear of the home and is an amazing 15 x 21 feet. There is a well-designed en-suite bath and a private entrance to the backyard. This bedroom area can be closed from the rest of the house. The smaller unit, 2736, offers the same design with slightly smaller bedrooms. Both residences feature brand new split AC systems in each room for energy efficiency, wonderful fenced backyards with new sod, wood-like blinds covering all windows, and electrical service capable of expanding with the times. Property shows as flood zone. House is located in Zone X. The rest of the property is located in AE. There should be no flood insurance requirement from a mortgage company. This duplex is minutes from Ringling School of Art and Design, a short hop to downtown Sarasota and minutes from SRQ airport. Booker High School and Robert L. Taylor Community Complex are a few blocks away.

2728 Goodrich Avenue, Sarasota

$5,495,000
Lido Beach SubDv. 34236 Zip Code
Constructed in 2022 and nestled in the heart of Lido Beach. Income producing property, turnkey home with modern furnishings, this property offers the perfect blend of comfort, style, and convenience. Experience luxury beach living at its finest in this stunning custom-built home. Spanning over 4100 sq ft home with nine bedrooms and eight full bathrooms, and a powder room, this expansive home provides ample space for relaxation and entertainment. The open layout, complemented by high ceilings and floor-to-ceiling windows, floods the interior with natural light and creates a seamless flow between the living areas. A lavish owner's suite, providing a private retreat with all the comforts of home is located on the first floor. Additionally, six well-appointed ensuite bedrooms ensure privacy and comfort for guests, with only two bedrooms sharing a convenient Jack and Jill bathroom. For added convenience, this property includes a two-car garage, balconies, entertainment room, open seating area in the upper level with a balcony. Outdoor shower, Gazebo, outdoor gas fire pit, fenced backyard and so much more. Ascend to the private rooftop terrace, where panoramic views of Lido Beach and glimpses of the Gulf of Mexico and bay await. Whether you're hosting gatherings or simply enjoying a quiet moment, this rooftop retreat offers the ultimate vantage point for soaking in the beauty of the surroundings. Don't miss the opportunity to own this exceptional property, offering the epitome of beachside luxury living. Schedule your private tour today and experience the unparalleled elegance and sophistication of this Lido Beach gem. Projected income $400,000 yearly

149 Mckinley Drive, Sarasota

$2,690,000
4 Beds Sabal Palms SubDv. 34242 Zip Code
Experience the best of Siesta Key with this vibrant two-unit beach duplex property featuring a heated saltwater pool, hot tub on one side and the other side with private pool and hot tub. This is a truly enviable location that offers both privacy and easy access to the beach, restaurants, and shops. This massive income producing duplex is tucked away on a peaceful cul-de-sac, this property is divided into two separate units: a 3-bedroom, 2-bathroom unit and a 1-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, built-ins, and wood-burning fireplace. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, and a heated saltwater pool. Located just steps away from Crescent/Siesta Key Beach and a variety of restaurants, bars, grocery stores, and shops, this property also provides easy access to rental shops for boating, kayaking, jet skiing, and other water sports. Publix is only a five-minute drive from the property. Entire in-house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home did $286,000 gross in last 12 months. Gross cap rap is at 10%. This is unheard of on such a great property that will continue to grow in value. Now with the newly renovated and added 2 hot tubs, 2 arcades and an additional pool. This will increase the rental amount next year by at least 20% giving the 1br it's own private hot tub and pool. The 3br side now has their own heated saltwater pool and hot tub as well as being able to rent the entire house for larger groups.

6550 Sabal Drive, Sarasota

$3,395,000
4 Beds Sarasota Beach SubDv. 34242 Zip Code
Presenting an exclusive opportunity on Siesta Key Beach – an exceptional duplex for your consideration. This is situated directly on Beach Road, boasting a consistent income stream. It can be retained as a lucrative investment or transformed into a grand three-story duplex with the potential for even greater returns. This property is divided into two separate units: a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit. With its rare zoning approval for short-term and nightly rentals, this property is perfect for use as a primary home, vacation home, or income-generating investment. This home's revenue is sure to exceed your expectations. All aspects of the rental, including cleaners, management, and handyman services, are already in place, ensuring a seamless and hassle-free transition. This property has earned a 4.9-star rating as a VRBO 'Premier Host and is recognized as an Airbnb 'SuperHost'. Included is an already preapproved plan with permits paid and engineered drawings approved to enclose the bottom garage area, adding an additional 2,000 square foot of space. Custom murals throughout the house making it one of the most sought after and unique homes on Siesta Key. Both units have undergone recent upgrades, including new floors, fresh paint, new bathrooms, and stylish new furnishings. Local artist-created custom murals provide pops of color to the traditional shiplap walls, and built-ins. The kitchens feature granite countertops and stainless-steel appliances, and the exteriors offer new fencing, a stone-paved patio with two grills, 2 private hot tubs, 2 tiki huts and a large heated pool. Entire in-house property management, cleaners, handyman, etc to stay with the sale making it turnkey and easy to operate. The management fee cost is about 3.5%, not the standard 20% as in most cases. The home brought in over $386,000 gross in last 12 months. Gross cap rap is at 11%. This is unheard of on such a great property that will continue to grow in value.

527 Beach Road, Sarasota

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