750 N Tamiami Trl UNIT 1116, Sarasota, FL, 34236 | $252/mo Cash Flow

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750 N Tamiami Trl UNIT 1116, Sarasota, FL, 34236 | $252/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Sarasota at 750 N Tamiami Trl UNIT 1116, Sarasota, FL, 34236 earns $252/mo cash flow from $3,902/mo rent with a $2,692/mo payment. Total monthly income totals $3,902/mo, and annual cash flow totals $3,025/yr on $180,950 capital. ROI tracks 21.73% on current figures, and rental yield reads 8.51% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 113.2% and total cumulative return in cash sums $204,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,902/mo property income instead of your personal income.

Condo

Built in 2001

2.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Renaissance, where city sophistication meets relaxed coastal living. Perched on the 11th floor of one of Sarasotas most sought-after addresses, this 2-bedroom, 2-bath condo offers beautiful city views, a thoughtfully laid-out open floor plan, and balcony space perfect for morning coffee or a sunset cocktail. Inside, the home features a classic kitchen with light wood cabinetry, tiled flooring, and an updated backsplash, all of which are maintained in pristine condition. The adjacent dining and living areas are bathed in natural light, highlighted by neutral tones and elegant crown molding that add to the inviting ambiance. The primary suite features a spacious en-suite bath and ample closet space, with a split-bedroom layout that provides privacy for guests. An in-unit laundry room adds convenience to everyday living. Renaissance offers exceptional resort-style amenities including 24/7 security, two guest suites, a heated pool and spa, fitness and aerobics centers, hot rock saunas, massage rooms, a club room with fireplace and TV, a business center, media room, library, conference space, outdoor grilling area, and Wi-Fi throughout the lobby. HOA fees cover cable, internet, water, sewer, and trash. Just outside, The Bay Park, currently featuring free yoga, live music, and community events, sits across the street, along with Van Wezel Performing Arts Center, Publix, Whole Foods, downtown shopping, dining, theaters, and more. The beach is just a short 10-minute drive away. Whether you're seeking a full-time residence, seasonal getaway, or investment opportunity in Sarasotas vibrant downtown core, this beautifully maintained condo delivers the perfect blend of comfort, convenience, and location.