tomo logo

$999,000

Beds
6
Baths
4.0
sq ft
2,643

3504 Estrada St, Sarasota, FL 34239

3504 Estrada St

SARASOTA, FL 34239

  • <1 day on market
TURNKEY 4-UNIT PROPERTY in HIGH-DEMAND PINECRAFT - INCOME-PRODUCING INVESTMENT or MULTI-GENERATIONAL FAMILY COMPOUND! A Rare Opportunity for Investors & Multi-Family Buyers! This fully permitted and meticulously renovated 4-unit property in the heart of Sarasota offers incredible flexibility—whether you’re looking for a high-yield income property (projected $100K+ annual gross income) or a multi-generational family compound, this home delivers. Endless Possibilities for Investors & Families Alike: Four separate units – a main home with a separate loft plus two standalone cottages, perfect for short-term rentals or extended family living. Live in one unit & rent the others – offset your mortgage with rental income while keeping your family close. Private outdoor seating areas for each unit, are ideal for both guests and family gatherings. Spacious covered front porch offering a charming outdoor retreat. Separate laundry room, adding convenience for both residents and renters. Dedicated on-site parking, a premium feature in this prime location. Move-In Ready & Completely Updated: Offered fully furnished with $40,000+ worth of furniture, TVs, kitchenware, and décor included. High-end finishes throughout, featuring modernized kitchens and bathrooms, fresh paint, and new flooring. Impact windows (all but two) & a 6-year-old roof, ensuring long-term durability and energy efficiency. Perfect Location – Whether You’re Investing or Putting Down Roots: Located in Sarasota’s sought-after Pinecraft area, near Yoder’s Deli, Der Dutchman Restaurant, and Pinecraft Park—a charming and welcoming community. Proven rental success with a strong occupancy rate, but also an ideal setup for a multi-family homestead with separate living spaces. Additional portfolio opportunity available with nearby properties. A rare gem in Sarasota’s thriving real estate market! Whether you’re an investor looking for a turnkey, high-yield rental or a family seeking a private multi-generational compound, this property is the perfect fit. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$787,629

Lot size

6,072 sq ft

Price per sq ft

$378

Year built

1945

Annual property taxes

$9,165.3

HOA

No

Price History

03/02/2025
StellarMLS

StellarMLS #A4640715

Listed
$999,000
+5.27%
07/01/2024
NABOR

NABOR #223093003

Removed
$949,000
12/15/2023
NABOR

NABOR #223093003

Listed
$949,000
+40.59%

Schools & Community

Elementary school: 

Southside Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

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

$457,899
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$461,181
Cash to seller
$457,899

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

March 2021

Original loan amount

$506,250

Est. remaining balance

$461,181

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

William Bohn and Emily Bohn

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?

Status: Active

Tomo last checked: 03/03/2025 at 4:20 AM

Listing updated: 03/02/2025 at 5:30 PM

Listed by: Austin Hampson, PLLC, REAL BROKER, LLC Phone #: (855) 450-0442

MLS: StellarMLS #A4640715

StellarMLS logo

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