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Located in the Coquina Island area of Sarasota and just minutes from Siesta Key Beach, 2131 Montclair Drive is a duplex investment property offering a desirable unit mix and solid construction features. Built in 1972 with concrete block masonry and situated in a non-flood zone, the property may provide long-term structural durability and potential insurance cost benefits. The duplex includes one 2-bedroom, 2-bathroom unit and one 1-bedroom, 1-bathroom unit. Each unit features an attached garage, a privately fenced yard, and a screened-in lanai, adding to tenant comfort and appeal. A RUBS (Ratio Utility Billing System) is in place for water and sewer expenses, which can help improve operating efficiency by recapturing utility costs. The location provides convenient access to local beaches, shopping, and dining. The property may also be suitable for seasonal or short-term rental use, where allowed by local zoning and municipal regulations. 2131 Montclair may appeal to both investors and owner-occupants seeking to offset housing costs through rental income. For additional property details and financial info, please refer to the Offering Memorandum document, which can be accessed on listing agent's company website. Property can be acquired individually or as a portfolio with the adjacent property to the west (A4655805).
3 months ago | Listing updated with changes from the MLS® | |
3 months ago | Price changed to $637,500 | |
4 months ago | Listing first seen on site |
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