Incredible cash flow opportunity! Own a 4-unit investment property with historical charm just a half block to beautiful Lido Beach. Island Dreams Vacation Rentals has been in operation since 2012, with many satisfied repeat guests and season 2020 bookings solidly in place. The new owner can enjoy guaranteed income while establishing themselves in the vacation rental market, by simply taking over the infrastructure already in place - with an opportunity to increase rental returns. Seller will offer buyer support, including providing prior guest info, operational guidance, support staff, and referral of future inquiries. The trade name Island Dreams Vacation Rentals and valuable reviews from a 3rd party listing site can transfer to the new owner. This is a no brainer for immediate cash flow on highly desirable Lido Key! Excellent location right in the heart of Lido Key (the closest island to downtown Sarasota!) - steps to the beach and easy walking distance to both St. Armand’s Circle and south Lido park (with its popular kayaking and SUP operators). This property offers 4 rental units in 2 buildings: (1) 2-BR Suite, as well as (3) unique one-BR apartments. The rear building is one of the first structures built on the island (1937), with charming pecky cypress ceilings, pine floors, and stone fireplace – own a slice of Sarasota history! Sale includes all furnishings, décor, kitchen supplies, linens, beach supplies. Laundry on-site with plenty of parking for your guests (each unit can park 2 cars tandem).
Cable Available, Cable Connected, Electricity Connected
Community Boat Ramp, Fishing Pier, Park, Pool, Water Access
Common, Guest, Off Street, Open, Tandem
Flood Zone, In City Limits, Near Public Transit, Street Paved
Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Downstairs, Stone Counters, Window Treatments
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Central, Electric, Wall Units / Window Unit, Baseboard
Central Air, Wall/Window Unit(s)
Balcony/Sun Deck, Fenced, French Doors, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Storage
Coldwell Banker Res R E.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on November 18th, 2019 at 9:30pm EST.