• Year Built: 1963
1112 S Gulfstream Ave is amulti-family property for lease in Sarasota, FL.
Sean Dreznin & Ian Black Real Estate are pleased to offer the opportunity to purchase a spectacular Apartment Complex in Sarasota, FL.
THIS PROPERTY IS CONFIDENTIAL * CONFIDENTIALITY AGREEMENT must be signed * Address provided is not specific to this property *
These buildings consist of 12+ units, include gorgeous sunrises and views of downtown and the bayfront.
The property consists of (2) two-story bldg's & (1) one-story bldg which were constructed in 1963 & 1950.
The buildings are garden style apartments that have individual outdoor entrances with concrete block construction & pitched roofs. The property manager is on-site & along with the tenants, are not to be disturbed.
The 7-unit main building has central A/C whereas the 4-unit and the 2-unit building have wall A/C units. Within the past few years, new management has enhanced landscaping for the tenants enjoyment, while reigning in owner spending & tightening up collections.
These improvements have propelled these apartments to be one of the most highly desired locations in the area & the occupancy is strong as there are also very few apartments remaining in the area. Most have been converted to condos.
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