3504 Estrada Street
SARASOTA, FL 34239
- 5 beds
- 4 baths
- 2,201 sqft
- 6,072 sqft lot
- $453 per sqft
- 1945 build
- – on site
TURNKEY 4-UNIT INCOME PROPERTY in HIGH-DEMAND PINECRAFT - 8%+ CAP RATE & $100K+ GROSS INCOME POTENTIAL! Attention Investors & Airbnb Hosts! This rare, fully permitted 4-unit property in the heart of Sarasota is a proven cash-flow machine, delivering a projected annual gross income of nearly $100K and an 8%+ cap rate. Situated in the high-demand Pinecraft neighborhood, this turnkey investment is fully furnished and rental-ready, offering immediate income with bookings already in place. PROPERTY HIGHLIGHTS: -Four income-producing units – a main home with a separate loft plus two standalone cottages, maximizing rental potential. -Offered fully furnished with $40,000+ worth of included furniture, TVs, kitchenware, and décor, allowing seamless ownership. -Meticulously renovated with high-end finishes, modernized kitchens and bathrooms, fresh paint, and upgraded flooring. -Impact windows (all but two) & 9-year-old roof, ensuring long-term durability and energy efficiency. -Private outdoor seating areas for each unit, creating an inviting and comfortable retreat for guests. -Spacious covered front porch adding charm and curb appeal to the main home. -Dedicated on-site parking – a premium feature that enhances guest convenience. -Separate laundry room, an essential amenity for short-term and long-term renters alike. PRIME LOCATION & ENDLESS INVESTMENT POTENTIAL: -Proven short-term rental success with strong occupancy rates and room to increase revenue. -Perfectly positioned near Yoder’s Deli, Der Dutchman Restaurant, and Pinecraft Park, offering guests easy access to local favorites. -Portfolio expansion opportunity with additional units available for purchase. This property is an investor's dream, a rare find in Sarasota’s booming rental market. Whether you’re looking to scale your short-term rental portfolio or secure a high-yield, hands-off investment, this is an opportunity you don’t want to miss. Schedule your private showing today!
Last checked:
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Last updated Mar 3, 2025
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MLS# A4642764 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1945
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New Construction:false
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Construction Materials:Concrete
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Levels:Two
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Roof:Shingle
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Foundation Details:Brick/Mortar
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Patio And Porch Features:Covered
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Security Features:Fire Alarm
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# of Buildings:3
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Building Area Total:2643
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Furnished:Turnkey
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Additional Rooms:Family Room
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Fireplace:false
Room Dimensions
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Living Area:2201
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Heading West on Bahia Vista turn R on Hines. Property is one block south on the left.
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Latitude:27.321817
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Longitude:-82.499413
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Coordinates:-82.499413, 27.321817
The Property
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Parcel Number:0055010063
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size Acres:0.14
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Lot Size Area:6072
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Lot Size SqFt:6072
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:RSF4
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View:false
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Exterior Features:Outbuilding
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:X
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Flood Zone Panel:12115C0153G
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Additional Parcels:false
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Homestead:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 961-8322
- Office phone:
- (855) 450-0442
Taxes
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Tax Year:2024
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Tax Lot:2
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Tax Block:H
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Tax Legal Description:LOT 2, BLK H, LESS SLY 30 FT THEREOF, HOMECROFT
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Tax Book Number:2-29
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Tax Annual Amount:9165
Beds
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Bedrooms Total:5
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/A4642764
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Cooktop
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Laundry Features:Common Area
Schools
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Elementary School:Southside Elementary
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Middle Or Junior School:Brookside Middle
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High School:Sarasota High
The Community
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Subdivision Name:HOMECROFT
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Senior Community:false
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Community Features:Park
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/2/25
Mar 2, 2025
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Listed / Active | STELLAR_MLS | $999,000 | 169.3% (19.5% / YR) |
4/22/24
Apr 22, 2024
|
Listed / Active | STELLAR_MLS | ||
7/1/16
Jul 1, 2016
|
STELLAR_MLS | $371,000 |