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 $6,617.33

Interior Features

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

Buy Price

$
$1,295,000.00

Rental Price

$
$7,100.00
  • Cap Rate
  • -0.8%
  • Gross Yield
  • 6.6%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $7,100.00

Cash Flow

Cap Rate-0.8 Gross Yield6.6% Annual Rent$85,200.00 Property Taxes$16,600.00 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 $16,600.00 $83,000.00 $166,000.00
Net Cash Flow $68,600.00 $343,000.00 $686,000.00
HOA Fees $79,407.96 $397,039.80 $794,079.60