$925,000
$380K PRICE INCREASE

Estimated payment $5,888/month

Total Views 287
5 Beds
4 Baths
2,643 Sq Ft
$350 Price per Sq Ft

Highlights

  • Loft
  • Stone Countertops
  • Family Room Off Kitchen
  • Brookside Middle School Rated A-
  • No HOA
  • In-Law or Guest Suite

About This Home

Discover a lucrative investment opportunity with this turnkey 4-unit property at 3504 Estrada Street in the heart of Sarasota's Pinecraft neighborhood. This fully permitted income property promises a projected annual gross income nearing $100K, making it a prime prospect for savvy investors.

The property features five bedrooms and four bathrooms across 2,201 square feet of beautifully renovated space, complemented by high-end finishes, updated kitchens and bathrooms, and upgraded flooring. The 6,072 square foot lot includes dedicated on-site parking, ensuring convenience for residents.

Each unit is offered fully furnished with a $40K inventory of furniture, TVs, kitchenware, and decor, ensuring a seamless transition for new owners. Tenants will enjoy amenities such as air conditioning, central heating, common laundry facilities, and private outdoor spaces. The property also boasts a spacious porch and access to a playground, providing a welcoming environment for residents.

Located close to local favorites like Yoder's, Der Dutchman, and Pinecraft Park, and just a short drive to Siesta Key Beach and Legacy Trail, this property offers guests a wealth of dining, shopping, and entertainment options. With proven rental success and room to boost revenue, this is a compelling opportunity for those seeking a hands-off, high-yield investment in a vibrant community.

Listing Agent

Beth Harris

COMPASS FLORIDA LLC License #3335139 Listed on: 07/15/2025

COMPASS FLORIDA LLC

Co-Listing Agent

Dawn Merrill

COMPASS FLORIDA LLC License #3045670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,165

Year Built

  • Built in 1945

Lot Details

  • 6,072 Sq Ft Lot

Home Design

  • Quadruplex
  • Turnkey
  • Brick Foundation
  • Slab Foundation
  • Steel Frame
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,643 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Loft
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 4 Units
  • Homecroft Community
  • Homecroft Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,165

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete, Metal Frame, Stucco, Vinyl Siding, Wood Siding
  • Fireplace: No
  • Living Area: 2643
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1945
  • Lot Size Sq Ft: 6072
  • Directions to Property: From Downtown Sarasota head South on US 41 (Tamiami Trail) and turn left at Bahia Vista. Head East on Bahia Vista as as soon as you pass Yoder's Restaurant on your right, turn right onto Hines Avenue. Turn left on Estrada Street. Property is on the right side. Realtor Remarks:
  • Status: Active
  • Co List Office Mls Id: MFR274501900
  • Co List Office Phone: 941-279-3630
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • RATIO Current Price By Calculate: 349.98
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Other, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Brick/Mortar, Crawlspace, Slab
  • Total Bedrooms: 5
  • Street Number Modifier: 3504
  • Additional Rooms: Family Room,Interior In-Law Suite w/Private Entry,Loft
  • Living Area Meters: 245.54

Exterior Features

  • Exterior Features: Outbuildings, French Doors, Private Mailbox, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air, Ductless, Wall/Window Unit(s), Zoned
  • Heating: Central, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF4
  • Parcel Number: 0055010063
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 564

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 4
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 9165.3
  • Tax Block: H
  • Tax Book Number: 2-29
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,458 $672,500 $220,500 $452,000
2023 $8,458 $617,300 $204,400 $412,900
2022 $8,159 $588,400 $175,800 $412,600
2021 $5,683 $371,900 $144,500 $227,400
2020 $5,359 $344,000 $105,900 $238,100
2019 $4,757 $298,900 $125,900 $173,000
2018 $4,690 $299,400 $107,600 $191,800
2017 $4,293 $278,700 $92,800 $185,900
2016 $3,420 $202,600 $81,500 $121,100
2015 $2,968 $163,400 $110,300 $53,100
2014 $2,181 $137,702 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $925,000 +69.7% $350 / Sq Ft
07/15/2025 07/15/25 For Sale $545,000 -19.3% $206 / Sq Ft
04/02/2021 04/02/21 Sold $675,000 -2.0% $255 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/15/2021 02/15/21 Price Changed $689,000 -1.4% $261 / Sq Ft
02/01/2021 02/01/21 For Sale $699,000 -- $264 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $675,000 Attorney
Warranty Deed $371,000 Bonita Title Inc
Warranty Deed $170,000 Attorney
Warranty Deed -- --
Warranty Deed $150,000 Professional Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $506,250 New Conventional
Previous Owner $202,500 New Conventional
Previous Owner $224,000 Commercial
Previous Owner $131,700 Commercial
Previous Owner $32,400 Commercial
Previous Owner $150,000 Credit Line Revolving
Previous Owner $148,000 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: A4658671

Stellar MLS

APN: 0055-01-0063