2119- 2125 Montclair Dr - Apartments FOR SALE


Sarasota, FL 34231- South Sarasota
$990,000 USD
941-444-6160
2119- 2125 Montclair Dr, Sarasota, FL for Sale
$990,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

2119- 2125 Montclair Dr
Sarasota, FL 34231
South Sarasota


HIGHLIGHTS

  • Spacious Two-Story 3-Bedroom / 2.5-Bathroom Units Featuring Private Swimming Pools, Screened Patios, Private Yards & Two-Car Garages
  • NON-Flood Zone, Minutes from Siesta Key, Sarasota’s World-Renowned Beach Destination
  • Separately Metered Utilities Paid Directly by Tenants, Reducing Owner Expenses
  • Separate Parcel IDs for Each Unit and Common Area, Offering Future Condo Sell-Off Potential
  • Potential Short-Term Vacation Rental Upside Due to Proximity to Siesta Key | 2007 Masonry Construction Duplex in Desirable Coquina Island Location
  • Minimal Operational Overhead with Strong Lifestyle Appeal and Multiple Paths to Long-Term Investment Upside

OVERVIEW

**View Offering Memorandum at MultifamilyFirm.com for Financial Info & Full Details** The Multifamily Firm is pleased to present the Montclair Villas, a rare 2007 masonry construction duplex, located in the desirable enclave of Coquina Island, minutes from Siesta Key. Situated in a non-flood zone, the property consists of spacious two-story units featuring 3-Bedrooms, 2.5-Bathrooms, private swimming pools, two-car garages, screened patios, and private yards. Additionally, each unit and the common area, have separate parcel ID’s, offering potential future flexibility through an individual condo sell-off strategy. From an operational standpoint, all utilities are separately metered and paid directly by tenants, significantly reducing owner expenses and improving overall cash flow. Given its proximity to Siesta Key, the property is also well-positioned for potential short-term vacation rental use, presenting multiple paths to maximize returns. With quality construction, minimal overhead, and built-in optionality, the Montclair Villas offer an ideal blend of lifestyle appeal and long-term investment upside. **View Offering Memorandum at MultifamilyFirm.com for Financial Info & Full Details**

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

2

PRICE/UNIT

$495,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Montclair Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RMF1

APN/PARCEL ID

0000-00-8481,0086-12-1001,0086-12-1002

ASK ABOUT THIS PROPERTY

Phil GinexiThe Multifamily Firm, LLCMore Info
941-444-6160

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Phil GinexiThe Multifamily Firm, LLCMore Info
941-444-6160

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.