2107 Pine Terrace

Sarasota, FL 34231

$745,000
Price
4
Beds
2,016 Sq. Ft.
$370 / Sq. Ft.
2,016
Sq. Ft.
$370
per Sq. Ft.

Description

Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the...Seize an extraordinary investment opportunity with this stunning Mid-century modern residence, fully renovated from top to bottom, featuring two fully separate units that are perfectly positioned just moments from the renowned shores of Siesta Key. This remarkable property offers a spacious 3-bedroom, 2-bath main home alongside a delightful 1-bedroom, 1-bath studio, promising exceptional monthly cash flow for savvy investors. Spanning an impressive 2,016 square feet on a serene quarter-acre in the famous Oyster Bay enclave, the home has been meticulously renovated to blend historical charm with modern luxury, showcasing sleek cabinetry, breathtaking quartz countertops, and open-concept layouts. Indulge in your private bamboo grove and expansive backyard—a canvas poised for your luxurious outdoor haven, complete with a potential pool. With gorgeous design enhancements and prime location near Sarasota’s finest attractions, this is the perfect opportunity to invest in a piece of coastal paradise! CAP RATE 7 perc ent annually, Possible to increase cap rate if efficient unit is rented on a nightly basis short term via Airbnb or Vrbo up. Turn key property for a savvy investor
  1. Listed by Laura Ortenzio • DREAMPRENEURS LLC

Property Details for 2107 Pine Terrace

Subdivision Name
HARBOR OAKS
Township
37S
Waterfront
No
Furnished
Partially
LISTING UPDATED: 11/27/2024 10:11 AM

Property Details for 2107 Pine Terrace

StatusActive
MLS #S5115938
Days on Market34
Taxes$4,069 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1959
Lot Size0.23 AC / 10,048 SF
CountySarasota County

Building Information for 2107 Pine Terrace

Stories-Residences2Year Built1959Building Size-Lot Size0.23 AC / 10,048 SF

Property Information for 2107 Pine Terrace

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2436.0
  • Building Area Units: Square Feet
  • Directions: GPS
  • Elementary School: Phillippi Shores Elementary
  • Middle Or Junior School: Brookside Middle
  • High School: Riverview High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Harbour Oaks
  • Unit Number: No
  • Street Number: 2107
  • Street Name: PINE
  • Street Suffix: TERRACE
  • State: FL
  • City: SARASOTA
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Driveway
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: D
  • Tax Book Number: 2-170
  • Tax Legal Description: E 74 FT OF LOT 9 & W 7 1/2 FT LOT 10, BLK D, SUBJ TO 925 SF UTILITY ESMT TO COUNTY AS DESC IN ORI 2003108705, HARBOR OAKS UNIT 2
  • Tax Lot: 9
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 82x123
  • Parcel Number: 0075050009
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF3
  • Living Area: 2016
  • Lot Dimensions: 82x123
Property and Assessments
  • Year Built Numeric: 1959
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 18E
  • Public Survey Section: 05
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Fenced, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed, Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 4
  • Appliances: Cooktop, Dishwasher, Microwave, Range, Tankless Water Heater
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Living Room/Dining Room Combo, Walk-In Closet(s)
  • Laundry Features: In Kitchen
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Net Income: $53,040.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Garage Spaces 1: 3
  • Unit Type Heated Sq Ft 1: 1516
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 2850
  • Unit Type Type 1: 3 Bed/2 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: efficient unit, totally independent with kitchenette and laundry
  • Unit Type Garage Spaces 2: 2
  • Unit Type Heated Sq Ft 2: 500
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1600
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Rental
Rental Information
  • Total Actual Rent: $4,450

Property History for 2107 Pine Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2107 Pine Terrace

Taxable ValueLand$174,800Additions$124,200Total$299,000
Tax Record2024$4,239 ($353 / month)
Home Facts
Beds2Baths2Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories1Lot Size10,048 SqFtStyleSingle Family ResidenceYear Built1959Year Renovated1994ZoningRSF3CountySARASOTAAPN0075-05-0009Fireplace TypeHas Fireplace

Schools near 2107 Pine Terrace

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Phillippi Shores Elementary School
PublicPK to 5

Brookside Middle School
Public6 to 8

Riverview High School
Public9 to 12

Sarasota Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2107 Pine Terrace is a multi-family home for sale in Sarasota, FL 34231. This property was listed for sale on November 19, 2024 by DREAMPRENEURS LLC, it's currently listed at $745,000. It has been on the market for a total of 34 days and was last sold on October 13, 2023. This listing's school district is Sarasota. Nearby schools include Phillippi Shores Elementary School, Brookside Middle School and Riverview High School. 2107 Pine Terrace is a 4-bed, 0-bath, 2,016 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DREAMPRENEURS LLC, Laura Ortenzio

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.