tomo logo

$1,850,000

Beds
5
Baths
5.0
sq ft
3,177

2069 Bougainvillea St, Sarasota, FL 34239

2069 Bougainvillea St

SARASOTA, FL 34239

  • 19 days on market
RARE OPPORTUNITY to own a highly profitable FULLY FURNISHED vacation rental in Sarasota, complete with an in-law suite, a pool house, and a private courtyard with a pool—all set on an oversized lot just minutes from world-famous Siesta Key Beach. This fully updated property is a turnkey investment or a perfect second home. Step inside the updated main house with an open concept floor plan and set up for entertaining your friends and family. The separate in-law suite provides flexibility—ideal for guests, extended family, or additional rental income. The versatile pool house creates even more possibilities, whether you need a private escape, a game room, or an entertainment hub. In the center of this oversized property is a large pool, surrounded by ample outdoor space to host gatherings for family. Every facet of this property has been updated, featuring a new irrigation system, exterior landscape lighting, new water lines to the road, new A/C units, new roof, new electric panels and abundant parking for guests and family. Plus, with its prime Sarasota location—just 1.6 miles to Siesta Key Island and close to top-rated dining, shopping, and attractions—this is a rare investment opportunity you won’t want to miss. Move-in ready and/or ready to rent to start generating income today with over $90,000+ in future bookings for the first half of 2025!

Details

Property type

Single Family Residence

Est. home value

$1,514,905

Lot size

0.41 acres

Price per sq ft

$583

Year built

1957

Annual property taxes

$6,197.49

HOA

No

Price History

02/03/2025
StellarMLS

StellarMLS #A4632678

Listed
$1,850,000
+23.33%
06/16/2023
StellarMLS

StellarMLS #J963399

Sold
$1,500,000
+200%
01/31/2022
StellarMLS

StellarMLS #A4513077

Sold
$500,000
+100%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,010,614
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$691,386
Cash to seller
$1,010,614

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Vast Bank Na

Loan start date

June 2023

Original loan amount

$717,500

Est. remaining balance

$691,386

Interest rate

6.43%

Loan type

New Conventional, 22 year

Seller

Michael Brinkmann and Alida Brinkmann

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 9:10 PM

Listing updated: 02/05/2025 at 1:33 PM

Listed by: Noah Ward, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #A4632678

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