50 CENTRAL AVE #14B (MLS: A4670232) For Sale

50 CENTRAL AVE #14B, (Sarasota), Sarasota Florida 34236

Currently Rented at $12,000.00 / month

Area: 2009

Property Info

  • MLS A4670232
  • Unit No 14B
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 2009
  • Living Area (sqft) 1671
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $5,262.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$1,550,000.00

Rental Price

$
$12,000.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 9.3%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $12,000.00

Cash Flow

Cap Rate4.2 Gross Yield9.3% Annual Rent$144,000.00 Property Taxes$15,286.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $144,000.00 $12,000.00 / mo $720,000.00 $12,000.00 / mo $1,440,000.00 $12,000.00 / mo
Estimated Expenses $15,286.00 $76,430.00 $152,860.00
Net Cash Flow $128,714.00 $643,570.00 $1,287,140.00
HOA Fees $63,144.00 $315,720.00 $631,440.00