4001 Groveland Avenue
SARASOTA, FL 34231
10
Bed
5
Bath
4,291Sqft
0.59Acre(Lot)
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. Invest
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 10Bathroom Information
Total Baths: 5Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s) Roof: Shingle Appliances: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer Laundry Features: Inside, Laundry ClosetRoofing Information
Shingle -
Flooring Information
Flooring: Ceramic Tile Construction Materials: Stucco -
Heating & Cooling
Heating: Central, Electric Cooling: Central Air WaterSource: Public
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Building Information
Year Built: 1974 -
Exterior Features
Lighting, Rain Gutters, Sidewalk Construction Materials: Stucco Foundation Details: Slab -
Pool Features
Private Pool: 1 Heated, In Ground
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Lot Information
Lot Description: In County, Paved Lot Square Feet: 25830 Lot Acres: 0.59 Lot Size (SqMt): 2400Property Information
Property Type: Residential Income Sub Type: Quadruplex
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Listing Price Information
Original List Price:$1500000
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Tax Information
Tax Block: A Tax Book Number: 1-109 Tax Lot: 31 Tax Legal Description: TH N 1/2 OF LOT 31 ALL OF LOTS 32 & 33 & TH S 1/2 OF LOT 34 BLK A GROVE PARK SUB Annual Tax: $13013.97 Tax Year: 2025 Parcel Number: 0072030032
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Virtual Tour
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School Information
Elementary School: Wilkinson Elementary Junior High School: Brookside Middle Senior High School: Riverview High -
Utility Information
BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: GROVE PARK City: SARASOTA Direction: From I-75 take exit 207 heading west on Bee Ridge Rd, then turn left onto Groveland Ave. The Units will be on the left.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1856 Marbeth Street, Sarasota, FL, 34231 | $412,500 | 8 | 4 | 1,199 | 1,199 SqFt |
| 1860 Southpointe Drive, Sarasota, FL, 34231 | $849,000 | -- | -- | 1,993 | 1,993 SqFt |
| 2932 Lexington Street, Sarasota, FL, 34231 | $1,000,000 | -- | 6 | 4,005 | 4,005 SqFt |
| 2551 Wilkinson Road, Sarasota, FL, 34231 | $399,900 | 3 | 3 | 1,469 | 1,469 SqFt |
| 2214 Michele Drive, Sarasota, FL, 34231 | $724,900 | 4 | 4 | 1,840 | 1,840 SqFt |
| 2119 & 2125 Montclair D.., Sarasota, FL, 34231 | $990,000 | 6 | 6 | 4,972 | 4,972 SqFt |
| 2110 Palm Terrace, Sarasota, FL, 34231 | $469,777 | 4 | 2 | 1,680 | 1,680 SqFt |
| 2051 Roselawn Street, Sarasota, FL, 34231 | $1,800,000 | 6 | 5 | 3,195 | 3,195 SqFt |
| 2027 Florinda Street, Sarasota, FL, 34231 | $450,000 | 4 | 2 | 1,441 | 1,441 SqFt |
| 1802 Robinhood Street, Sarasota, FL, 34231 | $650,000 | 4 | 2 | 1,440 | 1,440 SqFt |
Similar Multifamily To 4001 Groveland Avenue
Nearby For Sale
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ByOwner last updated this listing 06/22/2026 @ 06:20
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