Marsha Eve Winegarden
REALTOR®
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Description
The Hollingsworth presents a unique income-producing investment opportunity in central Sarasota featuring three separately accessed furnished-rental spaces and favorable seller financing. The property has a strong historical furnished-rental operating record, averaging approximately $102,000 in annual revenue during 2024-2025, with current underwriting reflecting a projected 7.60% Year 1 cap rate and approximately 14% Year 1 cash-on-cash return based on modeled seller-financing assumptions. Complementing its strong rental performance, the property has an established historical Airbnb operating record with a strong guest review track record. The interiors have been extensively updated with renovated kitchens and bathrooms, updated flooring, HVAC improvements, new entry doors, recessed lighting and additional upgrades. The property also offers dedicated on-site parking and an inviting fenced rear common area with outdoor seating, mature shade trees and string lighting. Its central Sarasota location provides convenient access to Siesta Key, area beaches, dining, shopping and other major Sarasota demand drivers. Favorable seller financing available; see Offering Memorandum for financial details and modeled terms.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Other
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,837
Year Built: 1981
General Information
Bedrooms: 1
Sqft: 1,696
County: Sarasota
Subdivision: SUNSET
Listed By:
Phil Ginexi
THE MULTIFAMILY FIRM LLC
941-444-6160
MLS ID: A4709326
Amenities
Ceiling Fans(s)
Thermostat
Wet Bar
Balcony
Courtyard
Fence
Private Yard
Storage
Property Features
Additional Rooms: Interior In-Law Suite w/Private Entry, Storage Rooms
Annual Net Income: 49787.00
Days on Site: 2
Directions: From I-75, take Exit 205 (Clark Road/SR 72) and head west toward Sarasota. Turn right onto Swift Road, then left onto Wilkinson Road. Turn left onto Hollingsworth Avenue. Property is located at 4711 Hollingsworth Avenue, Sarasota, FL 34233.
Exterior: Block, Concrete, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Owner Financing
Lot Dimensions: 0.13
Other Equipment: Private Yard
Ownership: Fee Simple
Parking: Guest, Off Street
Parking Notes: Guest, Off Street
Patio/Porch: Covered, Rear Porch
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, Listing Agent Must Accompany, See Remarks, Text List Agent
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF3
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4711 Hollingsworth Avenue , Sarasota, FL 34233.
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Estimated Payment
$ 2,720.00 per month $2,209.21 Principal & Interest $319.75 Property Tax $191.04 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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