About 2047 & 2051 Fiesta Drive
Virtually Staged. Cash flow in paradise! This is a great Sarasota investment opportunity featuring two side-by-side duplexes with four rentable units sold together as one package, tucked on a quiet street just minutes from the sugar sand of Siesta Key and across the way from the newly updated Landings Plaza with its new shops and restaurants. Whether you are growing a portfolio or making your first multifamily move, the expensive work is already done here, leaving a true turnkey asset of solid one-story block construction with tastefully renovated units and updated major systems throughout. Both buildings received brand new roofs in 2024, fully permitted, complete with sealed roof decks and third-nail wind mitigation retrofits, and current wind mitigation reports are in hand that may help qualify for insurance premium reductions. Upgrades since 2023 also include new electrical panels in all four units, full attic ductwork replacement, a new A/C in one unit, cast-iron drain line remediation, and kitchen and bath remodels in select units. Each unit offers 2 bedrooms, a full bath, and a convenient half bath located in the primary bedroom, along with a private entrance, in-unit washer and dryer, wood-look luxury vinyl plank flooring, ceiling fans, generous storage, and its own yard space with off-street parking beneath mature mango and shade trees. With the Landings Plaza at the doorstep, the Gulf Gate corridor, the Legacy Trail, and the beaches all minutes away, year-round rental demand takes care of itself. The duplexes sit on two separate tax parcels but are offered together as a package only and will not be sold individually. Capital improvements summary, wind mitigation reports, and closed roof permits available. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**
Features of 2047 & 2051 Fiesta Drive
| MLS® # | A4701436 |
|---|---|
| Price | $1,000,000 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Square Footage | 3,172 |
| Acres | 0.34 |
| Year Built | 1974 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | KW COASTAL LIVING III |
|---|
Listing Map
Neighborhood Information for 2047 & 2051 Fiesta Drive
Stable Population, Moderate Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Phillippi Shores Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
|
Sarasota Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest Middle School |
0 Miles | |
|
|
Ese Special Programs Public - Preschool to 12Th Grade |
0 Miles | |
|
|
Riverview High School Public - 9Th Grade to 12Th Grade - Closest High School |
1 Miles | |
|
Brookside Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
|
Incarnation School Catholic - Preschool to 8Th Grade |
1 Miles | |
|
Southside Elementary School Public - Kindergarten to 5Th Grade |
2 Miles |
School data provided by GreatSchools