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1060 Indian Beach Dr
Sarasota, FL 34234

Ringling at Indian Beach · Residential Property For Sale · 26 Units

Investment Highlights

  • Record-Breaking Sale Comp within 2-Minute Walk; Sold for $496,809/Unit, $480/SF (47-Units Newly Built)
  • 88% of AC Systems Replaced in Last 2-3 Years & Roofing Covering 77% of Units Replaced in Last 3-6 Years
  • Exceptional Unit Mix of 69% Two-Bedroom Units and a Three-Bedroom / Three-Bathroom Single-Family Home On-Site
  • Renovated w/ New Flooring, Stainless-Steel Appliances, Granite Countertops, Modern Light Fixtures, Baseboards, Vanities, Framed Mirror & More
  • Superior Location Providing the Opportunity to Substantially Boost Income by Renting Seasonally / Short-Term as Vacation Rentals
  • Perfectly Positioned Near the Bayfront & NOT in a Special Hazard Flood Zone Drastically Lowering Insurance Expenses

PROPERTY FACTS

No. Units 26
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.01 AC
Building Size 23,201 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1971/2021
Parking Ratio 2.16/1,000 SF

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Dining Room
  • Framed Mirrors
  • Patio
  • Porch
  • Vinyl Flooring

Site Amenities

  • Laundry Facilities
  • Picnic Area
  • Pet Play Area
  • Rubbish Collection - Kerbside
  • Vintage Building
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2006-01-0021
Land Assessment
£442,643
Improvements Assessment
£1,047,395
Total Assessment
£1,490,038

zoning

Zoning Code RMF-4, County (Multifamily)
RMF-4, County (Multifamily)
  • Listing ID: 25786843

  • Date on Market: 25/05/2022

  • Last Updated:

  • Address: 1060 Indian Beach Dr, Sarasota, FL 34234

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