4819 SEA ISLAND AVENUE, SARASOTA, FL 34234

$139,000 · Active

MLS #A4689720

Price

$139,000

Status

Active

Bedrooms

2

Bathrooms

1.5

Living area

915 sq ft

Home type

Mobile Home

Year built

1968

Lot size

0.08 acres

Full bathrooms

1

Half bathrooms

1

Private pool

No

Waterfront

No

New construction

No

HOA

Yes

55+ community

Yes

Levels

One

County

Sarasota

HOA fee

$1,648 · Annually

Annual property taxes

$2,773

Subdivision

TRI-PAR ESTATES

Appliances & Equipment

Dryer · Gas Water Heater · Microwave · Range · Refrigerator · Washer

Bathrooms

2 total bathrooms · 1 full bathroom · 1 half bathroom

Bedrooms

2 total bedrooms

Building

Built in 1968 · Living area: 915 · Living area units: Square Feet · Building faces East · Levels: One · Construction Materials: Metal Siding

Community

Clubhouse · Fitness Center · Pool · Sidewalks

Cooling

Central Air

Exterior Features

Patio/Porch Features: Porch, Screened · Awning(s) · Private Mailbox · Rain Gutters

Floors

Luxury Vinyl · Tile · Vinyl · Wood

Heating

Central · Electric

Home Owner's Association

Association Fee: $1,648 · Fee Frequency: Annually · Fee Includes: Cable TV, Pool, Internet, Management · Amenities: Cable TV, Clubhouse, Fitness Center, Laundry, Maintenance, Pickleball Court(s), Pool, Spa/Hot Tub, Storage

Interior Features

Built-in Features · Ceiling Fans(s) · Thermostat

Laundry

Inside

Lot

0.08 acres

Parking

1 carport space

Pets Policy

Allowed: Yes

Pool

Heated · In Ground · Lighting · Outside Bath Access

Roof

Metal

Sewer

Public Sewer

Utilities

Cable Connected · Electricity Connected · Fiber Optics · Natural Gas Connected · Public · Sewer Connected · Water Source: Public

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About this home

Investor Opportunity in a Sought-After 55+ Community – CAP Rate Over 11% with Yearly Lease Already in Place This is the kind of deal investors look for—immediate income, strong upside, and a property in a desirable over-55 community. This 2-bedroom, 1.5-bath home offers approximately 915 square feet of living space, plus a flexible bonus room that can easily function as a third bedroom, office, or den, increasing both appeal and potential value. Recent improvements, including a new carport and screened-in porch, add value while reducing near-term upgrade needs. The home also features an in-unit washer and dryer and an outdoor shower, adding convenience and livability for occupants. For investors seeking reliable cash flow with room to add value, this property checks all the boxes—leased, income-producing, and positioned for even greater returns. Tri-par Estates is a 55+ community that provides a wealth of amenities: enjoy a heated and cooled large pool for year-round swimming, a brand-new spa, tiki hut, pickleball courts, fitness center, shuffleboard, miniature golf, horseshoes, and various recreation hall rooms equipped with ping-pong, billiards, card tables, a kitchenette, sewing areas, and more. The expansive clubhouse regularly hosts dinners, dances, and other events. Situated only minutes from downtown Sarasota, you’ll have easy access to marinas, shopping, restaurants, museums, the world-renowned Siesta Key and Lido Key beaches, and Sarasota airport. In this special park and recreation district, residents own their land directly, with no separate HOA fees—an annual fee of $1,648 is included in your property taxes. Internet and TV included in the annual fee This is also a golf cart-friendly community with optional RV or boat storage when available. Don’t miss the opportunity to join this lively, well-established neighborhood in paradise.

Courtesy of EXIT KING REALTY 941-497-6060

Contact LPT Realty at (877) 366-2213 to ask about this home.