Property Description

Positioned in a high-demand rental corridor near Ringling College and New College, this property is already functioning as a multi-unit income producer with private, lockable bedrooms and shared common areas. Investors gain a turnkey opportunity with an established rental layout, strong occupancy appeal, and the flexibility to continue the co-living model or convert to a traditional long-term or primary residence setup. The interior presents well with modern flooring, updated finishes, and a bright open living area ideal for shared use. The kitchen features clean white cabinetry, stainless steel appliances, and durable surfaces suited for tenant turnover. Fresh bathrooms and efficient room separation support comfortable private living arrangements for multiple occupants. The covered front porch and fenced backyard add outdoor value and low-maintenance appeal. Mature trees, a gravel seating area, and ample yard space create desirable common outdoor zones for tenants. Location is a key advantage: minutes to Ringling College of Art & Design, New College of Florida, downtown Sarasota, and quick access to Gulf beaches. Consistent demand from students, creative professionals, and seasonal renters makes this an attractive long-term hold with upside flexibility. Whether continuing its current multi-unit format or adapting it to your rental strategy, this property offers a strong blend of income potential, usability, and location-driven demand. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**