1060 Indian Beach Dr | Sarasota, FL 34234
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1060 Indian Beach Dr
Sarasota, FL 34234
Ringling at Indian Beach · Multifamily Property For Sale · 26 Units
Investment Highlights
- Record-Breaking Sale Comp within 2-Minute Walk; Sold for $496,809/Unit, $480/SF (47-Units Newly Built)
- 88% of AC Systems Replaced in Last 2-3 Years & Roofing Covering 77% of Units Replaced in Last 3-6 Years
- Exceptional Unit Mix of 69% Two-Bedroom Units and a Three-Bedroom / Three-Bathroom Single-Family Home On-Site
- Renovated w/ New Flooring, Stainless-Steel Appliances, Granite Countertops, Modern Light Fixtures, Baseboards, Vanities, Framed Mirror & More
- Superior Location Providing the Opportunity to Substantially Boost Income by Renting Seasonally / Short-Term as Vacation Rentals
- Perfectly Positioned Near the Bayfront & NOT in a Special Hazard Flood Zone Drastically Lowering Insurance Expenses
PROPERTY FACTS
| No. Units | 26 | Building Size | 23,201 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2021 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 2.01 AC |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.01 AC |
| Building Size | 23,201 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2021 |
| Parking Ratio | 2.16/1,000 SF |
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Dining Room
- Framed Mirrors
- Patio
- Porch
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Picnic Area
- Pet Play Area
- Trash Pickup - Curbside
- Vintage Building
- Storage Space
PROPERTY TAXES
| Parcel Number | 2006-01-0021 | Improvements Assessment | $1,325,800 |
| Land Assessment | $560,300 | Total Assessment | $1,886,100 |
PROPERTY TAXES
Parcel Number
2006-01-0021
Land Assessment
$560,300
Improvements Assessment
$1,325,800
Total Assessment
$1,886,100
zoning
| Zoning Code | RMF-4, County (Multifamily) |
| RMF-4, County (Multifamily) |
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