3713 TWILIGHT PLACE, SARASOTA, FL
$ Click for current price
2 BEDROOMS | 1 (1 full ) BATHROOMS | 1122 SQUARE FEET
PRIME INVESTMENT OPPORTUNITY! This income producing property currently consists of 5 single family residences netting approximately $42,000 per year in income. Currently being offered at a 7 cap investment return, this is a great place to park some investment capital or 1031 Exchange Income. Current zoning allows for an additional 3 homes or townhomes to be built upon the property for a total of 8 units. Centrally located off of the busy Beed Ridge corridor, this is a great opportunity to realize income while looking towards the future for additional development where your returns can measure into the double digits.