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About this home
3006 N Oriente Ave is a 1955-built home in Acreage & Unrec, Sarasota. Inside you'll find 4 bedrooms, 1 bathrooms, and 1,167 square feet of living space. Listed at $400,000 (about $343/sqft), 3 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
SARASOTA INCOME PROPERTY | 0.57 ACRES | TENANT-OCCUPIED INVESTMENT An opportunity to acquire an income-producing Sarasota rental property situated on an expansive 24,960-square-foot parcel (approximately 0.57 acres) in the Kensington Park area. 3006 N Oriente Avenue combines existing rental income, generous land area and long-term investment potential in an established Sarasota location. Conveniently situated near Lockwood Ridge Road, University Parkway, University Town Center (UTC), downtown Sarasota, shopping, dining and the Gulf Coast beaches. CURRENT RENTAL INCOME: Tenant-occupied with seller-reported gross rental income of $2,850 per month ($34,200 annually). An attractive opportunity for investors seeking an established rental property with income already in place. The oversized parcel offers substantial outdoor space and potential flexibility for future improvements, subject to applicable zoning, permitting and governmental approvals. INVESTMENT HIGHLIGHTS: 0.57-acre parcel | 24,960 SF lot | $2,850 monthly seller-reported gross rental income | Tenant occupied | Established Sarasota location | Convenient access to UTC and downtown Sarasota. Whether seeking a Sarasota investment property, income-producing residential real estate or a long-term rental holding, this offering warrants consideration. Property is offered subject to existing tenancy. Buyer to independently verify rental income, leases, property configuration, permitted uses, zoning, development potential and applicable requirements with Sarasota County and relevant authorities.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$400,000
$343 per sq ft
Beds and baths
4 beds, 1 baths
Size
1,167 sq ft
Time on market
3 days
Year built
1955
Monthly payment
About $2,603/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,808 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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