5825 Nutmeg Ave., Sarasota, FL 34231

5825 Nutmeg Ave., Sarasota, FL 34231
Photo 1 of 1
$460,000
Sold on 1/26/12
Beds Baths Sq. Ft. Taxes Built
2 2.00 4,752 $7,606 1966
On the market: 185 days
View full details, photos, school info, and price history
This property has been cared for with pride of ownership. Property has 3 Duplexes and to be sold together.The big plus here, you are buying the WHOLE BLOCK.The rental history well documented and will support a bank loan.The Cap Rate is 9.85% at $500,000.Why work when you could just care for your job. Secure your retirement and earn 9.85% income on your money. Then to factor in the appreciation.The property is conveniently located close to bus lines,5 min to Siesta Key,grocery stores and the malls are allwith in walking distance. Main street may be a center of Sarasota but Stickney Point is the Main street of Sarasota county. This whole block will be worth great deal of money in a near future. Secure you Future...
Listing courtesy of John Sas, ACTION REALTY OF SARASOTA LLC