Poinsettia Park Duplex
DREZNIN PAPPAS COMMERCIAL REAL ESTATE LLC
2618 24th St Sarasota FL 34234
$450,000
List Price
4.40 %
Cap Rate
2
Number of Units
2,023
Building SF
Investment Summary
  • The Poinsettia Park Duplex is a Concrete Block constructed property situated in the center of Sarasota County. With a highly desired unit mix; One unit is a 3/1 and the other unit is a 2/1. The potential value-add on this property is approx $250-$400 per unit This property can also be purchased with two additional duplexes being offered individually or as a portfolio.
  • Other notable highlights of the Poinsettia Park Duplex include; Carports Backyard space Each unit has its own private patio out back Central A/C
  • The Takeover return will provide cash flow, but the real upside on this investment is in the near future with an enhanced vision and achieving rents more in line with the market. This representation can be found in this OM after the rent and sales comparable properties.
Location Highlights
  • Poinsettia Park Duplex is centrally located in Sarasota County. The location offers tenants close proximity to amenities, jobs and shopping including; 1.3 miles to Cal Ripken Baseball Fields 1.3 miles to Ed Smith Stadium (Home of the Baltimore Orioles Spring Training) 1.4 miles to Tuttle Elementary School 2.2 miles to Downtown Sarasota 2.4 miles to US-41 2.7 miles to Publix Grocery 3.3 miles to Marina Jack's / City Island / Bayfront Park 3.5 miles to Bayfront / Golden Gate Point 3.6 miles to Sarasota Memorial Hospital 3.8 miles to SRQ International Airport 4.0 miles to Ringling Museum 5.6 miles to I-75 5.8 miles to St. Armands / Lido Beach 6.0 miles to Siesta Key 7.0 miles to UTC Mall & Shops 7.5 miles to Bradenton 7.8 miles to Gulf Gate (South Sarasota County)
FOR MORE DETAILS CONTACT
Sean Dreznin
DREZNIN PAPPAS CRE LLC
(941) 961-8199
tritoncre@gmail.com