1825 Robinhood Street Sarasota, FL 34231
Sold
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: Lois Seropian, Coldwell Banker Realty

  1825 Robinhood Street Sarasota, FL 34231

Sold on 05/31/2017
$350,000 (USD)

Description

Investors Alert -- 3 fully rented units with a cap rate of 7.5%. Very low maintenance needed on this centrally located West of the Trail Sarasota Triplex. Front duplex offers 2 bedroom and 1 bath on one side and then 1 bedroom, 1 bath on other side. Back Cottage has one bedroom, 1 bath, just remodeled. All 3 units have annual leases in place. Long term tenants, 8-9 years, 2-3 years. Gross income $32,700 less $3,000 for taxes and monthly expenses for water and sewer, owner is netting $28,000 -- 7.5% cap. Owners have installed new roofs on both buildings 2017. Cottage was just remodeled. Entire property is fenced and has maintenance free stones. Laundry shed is available for all 3 units. Property will be shown via 3D Virtual Tour on the units out of respect for tenants. All buyers will need to provide proof of funds and tenants will need 24-48 hour notice. Property is walking distance to Trader Joe's, a mile and a half to Sarasota Memorial Hospital and the Siesta Key North Bridge, 3 miles to down town Sarasota and #1 rated by Trip Adviser Beach Siesta Key.

Sold Date:
05/31/2017
Taxes
$2,972(2016)
Lot Size
7,050 SQFT
Type
Multifamily
Year Built
1950
Style
Custom
County
Sarasota Co.

Listed By

Lois Seropian, Coldwell Banker Realty
Bought with
Non Mfr Realtor, Non-Mfrmls Office
Source
STELLAR
Last checked Jul 22 2026 at 5:07 AM GMT+0000
Bathroom Details
Interior Features
  • Interior In-Law Apt
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Appliances: Washer
  • Appliances: Microwave
  • Appliances: Range
  • Appliances: Dryer
Subdivision
  • South Highland Amd Of
Lot Information
  • Street Paved
  • Sidewalk
  • In County
  • Near Public Transit
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Wood Frame
  • Roof: Shingle
Utility Information
  • Utilities: Public
  • Sewer: Public Sewer
  • Fuel: Central
School Information
  • Elementary School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
Parking
  • None
  • Open
  • Driveway

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 17, 2017
Listed
$375,000
-
-
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/21/26 22:07
Based on information submitted to the MLS GRID as of 7/22/2026 05:07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.