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Property Description

Rare opportunity to acquire a turn-key, vacation rental multifamily property with substantial upside potential in a highly sought-after location near Downtown Sarasota. This fully furnished, income-producing asset features 4-Units with a desirable mix of Two, 2-Bedroom and Two, 1-Bedroom floorplans. Two units include private, screened-in pool areas with heated saltwater pools, waterfalls, hot tubs, and outdoor showers. The property showcases high-quality furnishings, curated interior finishes, and lush tropical landscaping that enhances overall curb appeal and guest experience.
Built with vintage masonry construction, the building spans approximately 125 feet in length, offering added privacy between units. The site is situated approximately 17 feet above sea level and lies in a designated non-flood zone, just one block from a public waterfront park with western-facing views.
Located within minutes of Downtown Sarasota, St. Armand’s Circle, and Lido Key Beach, this property offers convenient access to the area’s dining, shopping, and beaches. Ideal for investors seeking strong rental performance with substantial upside potential! View Offering Memorandum for full financial information!

Features
Heated, Other, In Ground, Screen Enclosure, Salt Water, Lighting
Central
Central Air, Mini-split Unit(s)
Patio, Porch, Screened, Rear Porch, Enclosed, Front Porch, Other, Side Porch
Furnished
Fenced, Rain Gutters, Lighting, Other, Outdoor Shower, Storage, Hurricane Shutters, Outdoor Grill, Outdoor Kitchen, Garden
Living Room, Family Room
Eating Space In Kitchen, Other, Ceiling Fan(s)
Inside
Corner Lot
Assigned, Off Street
Shingle
Public Sewer
Heated, Above Ground
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Public, Water Connected, Water - Multiple Meters
Address Map
FL
Sarasota
SARASOTA
34234
941 VIRGINIA DRIVE
0
W83° 26' 52.7''
N27° 21' 39.3''
From the north, take US-41 (Tamiami Trail) south and turn right onto Virginia Dr. The property will be on the left. From the south, take US-41 north and turn left onto Virginia Dr. The property will be on the left. From the east, take I-75 to Exit 210 for Fruitville Rd and head west. Turn right onto US-41 (Tamiami Trail), then turn left onto Virginia Dr. The property will be on the left.
BAY HAVEN
Additional Info
THE MULTIFAMILY FIRM LLC
Phil Ginexi
Block
1
Slab
281522639
281532532
4
Shed(s)
No
$6,586
2024
Public
RSF3
05/12/2025 17:29:44
281532533
$0

    941 VIRGINIA DRIVE, SARASOTA, Florida 34234

    941 VIRGINIA DRIVE, SARASOTA, Florida 34234

    6 Bedrooms
    3,493 Sqft
    $1,750,000
    Listing ID #A4652219
    Basic Details
    Property Type : Residential Income
    Listing Type : For Sale
    Listing ID : A4652219
    Price : $1,750,000
    Bedrooms : 6
    Square Footage : 3,493 Sqft
    Year Built : 1945
    Lot Area : 16,233 Sqft
    Standard Status : Active
    Building Area : 3,687 Sqft
    MLS Status : Active
    Property Type : Quadruplex
    Contact Agent
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