About 941 Virginia Drive
Rare opportunity to acquire a turn-key, vacation rental multifamily property with substantial upside potential in a highly sought-after location near Downtown Sarasota. This fully furnished, income-producing asset features 4-Units with a desirable mix of Two, 2-Bedroom and Two, 1-Bedroom floorplans. Two units include private, screened-in pool areas with heated saltwater pools, waterfalls, hot tubs, and outdoor showers. The property showcases high-quality furnishings, curated interior finishes, and lush tropical landscaping that enhances overall curb appeal and guest experience. Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views. Located within minutes of Downtown Sarasota, St. Armand's Circle, and Lido Key Beach, this property offers convenient access to the area's dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!
Features of 941 Virginia Drive
| MLS® # | A4652219 |
|---|---|
| Price | $1,675,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Square Footage | 3,493 |
| Acres | 0.37 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 941 Virginia Drive |
|---|---|
| Area | Sarasota |
| Subdivision | BAY HAVEN |
| City | SARASOTA |
| County | Sarasota |
| State | FL |
| Zip Code | 34234 |
Amenities
| Parking | Assigned, Off Street |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Interior Features | Ceiling Fans(s), Eat-in Kitchen, Other |
|---|---|
| Heating | Central |
| Cooling | Central Air, Ductless |
| Fireplace | Yes |
| Fireplaces | Family Room, Living Room |
Exterior
| Exterior Features | Fence, Garden, Hurricane Shutters, Lighting, Other, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Storage |
|---|---|
| Lot Description | Corner Lot |
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | May 12th, 2025 |
|---|---|
| Days on Market | 63 |
| Zoning | RSF3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | THE MULTIFAMILY FIRM LLC |
|---|