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1700 1704 Redwood Street

SARASOTA, FL 34231

12 beds
12 baths
7,211 sqft
15,280 sqft lot
$263 per sqft
2002 build
– on site

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The "Siesta Gateway Estates" is a rare 2002 masonry construction apartment complex, with 5 garages, positioned just before the South Bridge access to Siesta Key. The property is located within minutes of public beach access connected to Siesta Beach, only 450 feet from the 24-acre “Siesta Promenade” development, and "West of the Trail" (West of Route 41/Tamiami Trl). Each floor in each building contains 1,484 SF of living area and a total of 3 Bedrooms & 3 Bathrooms. However, the property was uniquely built with connecting doors on each floor, providing the rare flexibility to transform the floorplan with opening & closing the adjoining door. Closed, it becomes 2 units, consisting of a large 2 Bedroom / 2 Bathroom unit and a 1 Bedroom / 1 Bathroom unit. Opened, the floorplan converts into a huge 3 Bedroom / 3 Bathroom Unit! The property currently operates with the connecting doors closed, equating to 2 units per floor or 4 units per building, for a total of 8 units. The S.C. property appraiser site currently exhibits 2 units per building, for a total of 4 units, however, all existing tenants have month to month lease terms! View property "Offering Memorandum" for full details!

Listing courtesy of STELLAR_MLS / THE MULTIFAMILY FIRM LLC

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# A4597802 —

The Building

Year Built:

2002
New Construction:

false
Construction Materials:

Block
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Enclosed
# of Buildings:

2
Building Area Total:

7709
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Fireplace:

false

Room Dimensions

Living Area:

7211
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Enter the property address into Google maps and press start!
Latitude:

27.257658
Longitude:

-82.527538
Coordinates:

-82.527538, 27.257658

The Property

Parcel Number:

0104120028
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.35
Lot Size Area:

15280
Lot Size SqFt:

15280
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RMF4
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

true
Additional Parcels Description:

0104120020
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

1
Tax Legal Description:

SELY 76 FT OF SWLY 100 FT OF FOLLOWING DESC PROP, COM FROM PT ON S LINE OF SEC 17-37-18, BEING 65.6 FT ELY OF SW COR OF SEC 17, BEING INTRS OF S LINE & NWLY LINE OF STICKNEY PT RD TH NELY ALG NWLY BDRY OF STICKNEY PT RD 1332.3 FT TH NWLY 154.1 FT FOR POB TH NWLY 152.8 FT TH NELY 200 FT TH SELY 155.6 FT TH SWLY 200 FT TO POB, BEING SELY 76 FT OF SWLY 100 FT OF TRACT B BLK 6 PINE SHORES ESTATES 1ST ADD SWLY 100 FT OF FOLLOWING DESC PROP, COM FROM PT ON S LINE OF SEC 17-37-18, BEING 65.6 FT ELY OF SW COR OF SEC 17, BEING INTRS OF S LINE & NWLY LINE OF STICKNEY PT RD TH NELY ALG NWLY BDRY OF STICKNEY PT RD 1332.3 FT TH NWLY 154.1 FT FOR POB TH NWLY 152.8 FT TH NELY 200 FT TH SELY 155.6 FT TH SWLY 200 FT TO POB, LESS SELY 76 FT THEREOF, BEING NWLY 76.8 FT OF SWLY 100 FT OF TRACT B, BLK 6 PINE SHORES ESTATES 1ST ADD
Tax Annual Amount:

14597

Beds

Bedrooms Total:

12

Baths

Total Baths:

12

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Inside

The Community

Subdivision Name:

0000 - NOT PART OF A SUBDIVISION
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

true
Pool Dimensions:

10x30
Pool Features:

Deck
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

5
Carport:

false
Covered Spaces:

5
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/29/24 Mar 29, 2024	Sold	STELLAR_MLS	$1,900,000	-22.4%
2/16/24 Feb 16, 2024	Pending	STELLAR_MLS	$2,450,000
1/30/24 Jan 30, 2024	Listed / Active	STELLAR_MLS	$2,450,000

Multifamily Sold on 3/29/2024

$1,900,000

Listing provided by broker:

Kyle Keelan

THE MULTIFAMILY FIRM LLC

Newest listings in 34231

Similar sold homes

Listing Courtesy of: STELLAR_MLS and THE MULTIFAMILY FIRM LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

1700 1704 Redwood Street

SARASOTA, FL 34231