4819 Sea Island Avenue, Sarasota, FL 34234

$139,000
2
BD
2
BA
915
SqFt

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List Price
$139,000
Status
Active
Days on Market
100
Price Change
▲ $20,000 1781319285
MLS#
A4689720
Property Style
Mobile Home
Year Built
1968
Bedrooms
2
Bathrooms
2
Baths Half
1
Living Area
915
Lot Size
3,397
Acres
0.08
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Tri-Par Estates
Community Name
Tri-Par Estates
MLS Area Major
Sarasota

Property Description

Investor Opportunity in a Sought-After 55+ Community – CAP Rate Over 11% with Yearly Lease Already in Place This is the kind of deal investors look for—immediate income, strong upside, and a property in a desirable over-55 community. This 2-bedroom, 1.5-bath home offers approximately 915 square feet of living space, plus a flexible bonus room that can easily function as a third bedroom, office, or den, increasing both appeal and potential value. Recent improvements, including a new carport and screened-in porch, add value while reducing near-term upgrade needs. The home also features an in-unit washer and dryer and an outdoor shower, adding convenience and livability for occupants. For investors seeking reliable cash flow with room to add value, this property checks all the boxes—leased, income-producing, and positioned for even greater returns. Tri-par Estates is a 55+ community that provides a wealth of amenities: enjoy a heated and cooled large pool for year-round swimming, a brand-new spa, tiki hut, pickleball courts, fitness center, shuffleboard, miniature golf, horseshoes, and various recreation hall rooms equipped with ping-pong, billiards, card tables, a kitchenette, sewing areas, and more. The expansive clubhouse regularly hosts dinners, dances, and other events. Situated only minutes from downtown Sarasota, you’ll have easy access to marinas, shopping, restaurants, museums, the world-renowned Siesta Key and Lido Key beaches, and Sarasota airport. In this special park and recreation district, residents own their land directly, with no separate HOA fees—an annual fee of $1,648 is included in your property taxes. Internet and TV included in the annual fee This is also a golf cart-friendly community with optional RV or boat storage when available. Don’t miss the opportunity to join this lively, well-established neighborhood in paradise.

Additional Information

Taxes
$2773
Minimum Lease
1 Month
Hoa Fee
$1,648
HOA Payment Schedule
Annually
Maintenance Includes
Cable TV, Pool, Internet, Management
Community Features
Clubhouse, Fitness Center, Pool, Sidewalks, No Deed Restriction, Maintenance Free
Property Description
One Story
Zoning
RMH
Interior Layout
Built-in Features, Ceiling Fans(s), Thermostat
Interior Features
Built-in Features, Ceiling Fans(s), Thermostat
Floor
Luxury Vinyl, Tile, Vinyl, Wood
Appliances
Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Public, Sewer Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Metal Siding
Exterior Features
Awning(s), Private Mailbox, Rain Gutters
Roof
Metal
Pool
Community
Pool Type
Heated, In Ground, Lighting, Outside Bath Access
Garage Carport
1 Car Carport
Housing for Older Persons
Yes
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0025140085
Legal Description
LOT 243 SUBJ TO RIGHT OF FLIGHT ESMT TO SARASOTA MANATEE AIRPORT AUTHORITY PER ORI 2001046060 TRI-PAR ESTATES UNIT 4

Listing courtesy of EXIT KING REALTY. 941-497-6060

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