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Under contract-accepting backup offers. Prime West of the Trail Sarasota four unit income property positioned approximately one half mile from the North Bridge to Siesta Key. Located near Southside Village, Sarasota Memorial Hospital, and downtown Sarasota, this fully occupied multifamily asset offers stable in place income today with future upside potential in one of Sarasota's most desirable coastal adjacent locations. The property includes 2) two bedroom, one bath residences and 2) one bedroom, one bath residences, each with its own lanai. With 2,446 square feet under air and 2,926 total square feet, the building also offers shared laundry, individual storage for each unit, and a generous unassigned, on site parking area. New roof and interior updates to kitchens and baths were completed in 2023. With newer windows, mini splits and located in Flood Zone X, the property offers additional appeal for long term ownership. All four units are currently occupied on annual leases, with scheduled gross rental income of $73,380 once pending renewals are executed. Tenants pay electric and cable. City guidance indicates potential vacation rental flexibility may be available, subject to the seven night minimum stay requirement. This property offers the fundamentals investors look for: location, occupancy, recent improvements, and future flexibility. Well suited for an investor seeking a long term Sarasota hold with stable in place income, recent capital improvements, seller financing potential, and future upside through rent growth, repositioning, or approved vacation rental use. Seller financing may be considered for a qualified buyer with acceptable terms.
| DAYS ON MARKET | 6 | LAST UPDATED | 5/2/2026 |
|---|---|---|---|
| TRACT | BAYVIEW | YEAR BUILT | 1960 |
| COMMUNITY | 34239 - Sarasota/Pinecraft | COUNTY | Sarasota |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Southside Elementary |
|---|
| ADDITIONAL DETAILS | |
| AREA | 34239 - Sarasota/Pinecraft |
|---|---|
| CONSTRUCTION | Block |
| EXTERIOR | Storage |
| HEAT | Electric |
| LOT | 5663 sq ft |
| LOT DIMENSIONS | 50x117 |
| SEWER | Public Sewer |
| SUBDIVISION | BAYVIEW |
| TAXES | 11609.97 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Margot Leonard, COLDWELL BANKER REALTY, 941-487-1492
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/5/26 2:06 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.
