1236 13TH STREET

Property Details

Description

TURNKEY 5-UNIT APARTMENT BUILDING | SARASOTA AREA INVESTMENT OPPORTUNITY Exceptional opportunity to own a fully furnished, 5-unit, two-story apartment building offering flexibility for VRBO, Airbnb, seasonal, or annual rentals. Ideally located just minutes from downtown Sarasota, award-winning Gulf beaches, restaurants, shopping, entertainment, and area attractions. Live in one unit and reap the income benefits from the others!! The property features four one-bedroom/one-bath units and a spacious three-bedroom end unit with 1.5 baths. The four one-bedroom units presents full kitchens, living rooms, dinette areas, King-size beds, smart TVs, walk-in showers, Quartz countertops, tile backsplashes, ceramic tile flooring, ceiling fans, separate thermostats, hurricane-impact windows and sliding glass doors, and private lockable storage. The larger three-bedroom end unit features upgraded stainless-steel appliances, breakfast bar, dinette, separate sunroom/dining room, four sets of sliding glass doors with Juliet balconies, one full and one-half bath, marble ceiling beams, and tiled hallway. All five units are completely turnkey and fully furnished, including furniture, bedding, linens, dishes, cookware, utensils, appliances, and décor. Additional amenities include designated parking for each unit, including carport and tandem spaces, a separate laundry room with two full-size washers and two full-size dryers, individual storage units, and a brick-paved driveway and shared courtyard. A versatile, income-producing property with exceptional rental flexibility in a highly desirable Sarasota-area location.

Facts & Costs

Property type

Condo - Hotel

Year built

1961

Lot size

6,180 sq ft

Stories

2

Half baths

1

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

Cooling

Wall/Window Unit(s)

Flooring

Ceramic Tile

Roof

Shingle

Construction

Cement Siding, Concrete, Frame

Parking

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

View

City

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
• Microwave
• Range
• Refrigerator
• Washer
• Ceiling Fans(s)
• Eat-in Kitchen
• Living Room/Dining Room Combo
• Open Floorplan
• Solid Surface Counters
• Stone Counters
• Thermostat
• Walk-In Closet(s)
• Window Treatments
• Courtyard
• Lighting
• Private Entrance
• Storage