4001 Groveland Avenue, Sarasota, FL 34231

Sarasota
Local realty services provided by:ERA American Suncoast
4001 Groveland Avenue,Sarasota, FL 34231
$1,375,000
Virtual Tour
  • 10 Beds
  • 5 Baths
  • 4,291 sq. ft.
  • Multi-family
  • Active
Listed by: rachel tritschler, rick tritschler, jr.
Office: re/max alliance group
MLS#:A4691652
Source:MFRMLS

Price summary

  • Price:$1,375,000
  • Price per sq. ft.:$300.28

About this home

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...

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Home facts

  • Year built:1974
  • Subdivision & Development:GROVE PARK
  • Listing ID #:A4691652
  • Added:193 day(s) ago
  • Updated:November 15, 2026 at 08:42 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Flooring:Ceramic Tile
  • Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
  • Kitchen Description:Dishwasher, Eat-in Kitchen, Kitchen/Family Room Combo, Microwave, Range, Range Hood, Refrigerator, Solid Surface Counters, Solid Wood Cabinets
  • Bedroom Description:Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Living area:4,291 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1974
  • Building area:4,291 sq. ft.
  • Lot area:0.59 Acres
  • Lot Features:Paved
  • Construction Materials:Stucco
  • Exterior Features:Covered Porch/Patio, Lighting, Patio, Porch, Rain Gutters, Screened, Sidewalk
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Riverview High
  • Middle school:Brookside Middle
  • Elementary school:Wilkinson Elementary

Utilities

  • Water:Public, Water Connected
  • Sewer:Public, Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,375,000
  • Price per sq. ft.:$300.28
  • Tax amount:$13,014 (2025)

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Laundry features:Dryer, Inside, Laundry Closet, Washer
  • Amenities:BB/HS Internet Available, Cable Available, 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)
  • Pool features:Heated, In Ground, Private Pool
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. ERA American Suncoast is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA American Suncoast, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Christopher "CJ" Dixon c.j.dixon@usa.net

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