1236 13TH STREET

Property Details

Description

TURNKEY 5-UNIT APARTMENT BUILDING | INVESTMENT & VACATION RENTAL OPPORTUNITY Prime Sarasota-area investment opportunity! This well-appointed, two-story 5-unit apartment building offers exceptional flexibility for an investor looking to capitalize on multiple rental strategies, including VRBO, Airbnb, seasonal/vacation rentals, or traditional annual leases. There's two units on the lower level & three units upstairs, along with convenient semi-covered parking, individual storage & shared laundry facility. Each unit is thoughtfully designed, beautifully furnished, offered completely turnkey, allowing a new owner to begin renting with minimal additional investment. FOUR 1-BEDROOM UNITS Four of the five units feature comfortable 1-bedroom, 1-bathroom layouts with full kitchens, living rooms, & dinette areas. Each unit includes: •Spacious bedroom (King-size bed) •2 nightstands •Wall-mounted smart TV •Built-in closet •Ceiling fan and windows providing abundant natural light •Full bathroom (walk-in shower) •Separate vanity/sink area with large mirror & ample lighting •Full kitchen with Quartz countertops & tiled backsplash •Living room with wall-mounted smart TV •Fold-down couch/bed •Coffee table(s) •Dinette area •Storage closets •Separate thermostat (individualized climate control) •Ceramic tile flooring throughout •Ceiling fans (living areas & bedrooms) •Hurricane-impact windows & sliding glass doors •Separate, lockable storage unit SIGNATURE 3-BEDROOM END UNIT The largest unit is an impressive 3-bedroom end unit, offering additional living space & upgraded features. The expansive layout includes a full kitchen with upgraded stainless-steel appliances, breakfast bar with stools, dinette area & separate sunroom/dining room. The unit also features: •3-bedrooms •1 1/2 Bathrooms •Four sets of sliding glass doors •Juliet balconies •Spacious living areas •Breakfast bar •Separate Sunroom/dining room •Upgraded stainless-steel appliances •Marble ceiling beams •Tiled hallway •Ceramic tile flooring •Ceiling fans •Hurricane-impact windows & sliding glass doors •Separate lockable storage COMPLETELY TURNKEY & FURNISHED Every unit is offered fully furnished-turnkey, providing an exceptional opportunity for an investor seeking a property that is ready to operate as a vacation rental or annual rental immediately. Furnishings & household contents include: Furniture,beds & bedding,linens,dishes,utensils,cookware,silverware,appliances,décor,and other essential household items. PARKING, STORAGE & LAUNDRY Each unit has designated parking: 1-covered space plus 2-additional spaces (tandem parking). Separate shared laundry room is equipped with two full-size washers & two full-size dryers, providing ample capacity for residents and/or vacation rental operations. The driveway & shared courtyard are brick-paved, creating an attractive & welcoming exterior setting. LOCATION, LOCATION, LOCATION: Situated in a highly desirable Sarasota-area location, the property places residents & guests within minutes of downtown Sarasota, award-winning Beaches, entertainment, restaurants, shopping, & numerous area attractions. The flexible rental potential, turnkey furnishings, multiple parking spaces, individual storage, & desirable location makes this a compelling opportunity for an investor seeking both versatility & income potential. 5-units. Multiple rental strategies. Fully furnished. Turnkey. Exceptional Sarasota-area location.

Facts & Costs

Property type

Quadruplex

Net income

$60,000 / year

Zoning

RMF4

Year built

1961

Lot size

6,180 sq ft

Price per sq ft

$565

Days on market

1

Private pool

No

Waterfront

No

Community

Valencia Terrace

Subdivision

VALENCIA TERRACE REV

County

Sarasota

Flood zone

X

Monthly & yearly costs

Property taxes

$9,023 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating

Electric, Ductless

Flooring

Ceramic Tile

Roof

Shingle

Construction

Cement Siding, Concrete, Frame

Parking

Assigned, Covered, Driveway, Ground Level, Guest, Oversized, Tandem, Basement

Payment Estimate

$8,837 / month

Principal & interest

$8,085

Property taxes

$752

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

• Cooktop
• Dishwasher
• Dryer
• Electric Water Heater
• Microwave
• Range
• Refrigerator
• Washer
• Ceiling Fans(s)
• Living Room/Dining Room Combo
• Open Floorplan
• Other
• Solid Surface Counters
• Thermostat
• Walk-In Closet(s)
• Window Treatments
• Courtyard
• Lighting
• Private Entrance
• Storage