4 Beds
4 Baths
1,566 SqFt
4 Beds
4 Baths
1,566 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,566 sqft
Price per Sqft $280
Subdivision Venice Gardens
MLS Listing ID A4660433
Bedrooms 4
HOA Y/N No
Year Built 1973
Annual Tax Amount $4,159
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 79x110
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Put your money to work—skip the volatility of the stock market and invest in a stable, cash-flowing duplex in a high-demand location. 552 Briarwood Rd offers a strong 9.3% cap rate, no rental restrictions, and long-term tenants already in place, making it a prime opportunity for both investors and owner-occupants.
This property features two 2-bedroom, 1.5 bathroom units. One side has been completely gut renovated, while the other has been thoughtfully modernized with new paint, lighting, fixtures, and luxury vinyl flooring—a perfect blend of turnkey income and long-term durability. Each unit is individually metered for water and electric.
Generating $40,200 in annual gross income, this property nets $38,580 after minimal annual expenses of just $1,620. Block construction, central utilities, and a prime location close to beaches, shopping, and schools round out the offering.
There are very few income properties like this that become available—especially ones this clean, updated, and already producing.
Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road.
Don't miss your chance to lock in reliable rental income from day one.
Location
State FL
County Sarasota
Community Venice Gardens
Area 34293 - Venice
Zoning RMF1
Interior
Interior Features Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Fireplace false
Appliance Microwave, Range, Refrigerator
Laundry Corridor Access, Inside
Exterior
Exterior Feature Private Mailbox
Utilities Available BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Rear Porch, Screened
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Garden Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4660433
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