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$220,000
2 Beds ⋅ 2 Baths ⋅ W7886770 MLS
Virtually Staged. REDUCED PRICE!!! HIGHLY VISIBLE ON SR 54 NEAR US 19!!! Opportunity property on highly traveled SR 54 just east of US 19. With FDOT’s 2025 AADT count showing approximately 26,500 vehicles on a daily average, between US 19/SR 55 and Grand Blvd, this property offers visibility that is difficult to recreate at this price point. Access is convenient, with a direct median break, right-in/right-out access to the side street, and parking on the east side of the building facing Flamingo Drive. The property is classified in public records as a “Store/Office and Residence Combination” and offers a flexible existing layout: a two-bedroom, one-bath residential portion with living room and eat-in kitchen, plus a separate store/office portion with its own bathroom and a solar powered a/c unit.. The property is currently connected with MTS Computer Repair, and the business may be available to include or negotiate separately. This is not a polished property—it needs cleanup, repair, and improvement—but that is exactly where the opportunity may be. This property is for a cash buyer and idealy for an owner-user who is willing to put in the work and at the same time to expose their business to an exponentially greater number of customers than would be otherwise possible. The real upside of this property is the combination of SR 54 traffic exposure, existing mixed-use style configuration, side-street access, and business visibility. Buyer should verify zoning, permitted use, financing options, and intended use directly with Pasco County and appropriate professionals.

4007 Flamingo Drive, New Port Richey

Listing courtesy of SANDPEAK REALTY. 727-232-2192
$1,450,000
10 Beds ⋅ 5 Baths ⋅ A4691652 MLS
LOCATION LOCATION LOCATION! Sarasota's hottest zip code is Presenting a strong multifamily investment opportunity just minutes from Siesta Key, this 5-unit hotel/ motel property offers current income, flexible rental options, and long-term upside in one of Sarasota’s most desirable rental markets. Located in a non-flood zone approximately 4 miles from Siesta Key Beach, the property is well positioned for long-term tenants, seasonal rentals, or potential short-term rental strategies. The building includes five 2-bedroom, 1-bath units, each offering broad tenant appeal and turnkey convenience. Long-term tenants are currently in place, while the property has the availability to hold a motel/hotel license, creating additional flexibility for future ownership and rental operations. Investor-friendly features include individually metered utilities, public water and sewer, paved parking, no required flood insurance, and reported general liability insurance of approximately $460. Recent improvements include exterior paint in 2024, remodeled kitchens in Units 2, 3, and 4 in 2024, updated bathrooms, major plumbing replacement completed in 2009 and 2010, roof replacement in 2014, blown-in roof insulation. The property also offers private amenities that help set it apart from typical multifamily options, including a heated and cooled swimming pool, screened patio room, and tropical outdoor space designed to enhance tenant or guest enjoyment. With current income, multiple rental strategy options, turnkey units, and a prime Sarasota location near Siesta Key, this property is a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation potential. Schedule your private showing today.

4001 Groveland Avenue, South Sarasota

Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454

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