111 S PINEAPPLE AVE #816 (MLS: A4672019) For Sale

111 S PINEAPPLE AVE #816, (Sarasota), Sarasota Florida 34236

Currently Rented at $7,100.00 / month

Area: 1734

Property Info

  • MLS A4672019
  • Unit No 816
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1734
  • Living Area (sqft) 1585
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $4,965.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$1,199,000.00

Rental Price

$
$7,100.00
  • Cap Rate
  • 0.8%
  • Gross Yield
  • 7.1%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $7,100.00

Cash Flow

Cap Rate0.8 Gross Yield7.1% Annual Rent$85,200.00 Property Taxes$16,605.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $85,200.00 $7,100.00 / mo $426,000.00 $7,100.00 / mo $852,000.00 $7,100.00 / mo
Estimated Expenses $16,605.00 $83,025.00 $166,050.00
Net Cash Flow $68,595.00 $342,975.00 $685,950.00
HOA Fees $59,580.00 $297,900.00 $595,800.00