- For Sale $655,000
- Property Type Multi-Family
- Property Size 1,696 SF
- Units 3
- Lot Size 0.13 Acre
- Year Built 1981
- Date Updated Oct 21, 2026
Description
The Multifamily Firm is pleased to present The Hollingsworth, an established furnished-rental investment opportunity in Sarasota being offered with favorable seller financing. The property features single-building masonry construction with three separately accessed furnished-rental spaces and a strong operating history, averaging approximately $102,000 in annual furnished-rental revenue during 2024–2025. Based on conservative underwriting, The Hollingsworth offers an attractive 7.60% Year 1 cap rate and approximately 14% Year 1 cash-on-cash return.
The property has been extensively updated with renovated kitchens & bathrooms, updated flooring, HVAC improvements, new entry doors, recessed lighting and additional upgrades. The Hollingsworth also benefits from an established Airbnb operating history and strong guest review track record, dedicated on-site parking, and an inviting fenced rear common area featuring outdoor seating, mature shade trees and string lighting. Centrally located in Sarasota, the property provides convenient access to Siesta Key, area beaches, dining, shopping and major Sarasota demand drivers, creating a compelling combination of proven rental performance, turn-key condition and attractive acquisition economics.
View Offering Memorandum for Financial Details!
Highlights
- Attractive 7.60% Year 1 Cap Rate Based on Conservative Underwriting
- Central Sarasota Location Offering Convenient Access to Siesta Key, Area Beaches, Dining, Shopping & Major Sarasota Demand Drivers
- Dedicated On-Site Parking Plus Inviting Fenced Rear Common Area w/ Outdoor Seating, Mature Shade Trees & String Lighting
- Established Furnished-Rental Offering w/ Strong Airbnb Operating History & Guest Review Track Record
- Extensively Updated Interiors w/ Renovated Kitchens & Bathrooms, Updated Flooring, HVAC Improvements, New Entry Doors, Recessed Lighting & Additional Upgrades
- Favorable Seller Financing with 75% LTV & Below Market Rate, Producing 14% Cash-on-Cash Return Year 1
- Single-Building Masonry Construction w/ Three Separately Accessed Furnished-Rental Spaces
- Strong Historical Furnished-Rental Performance Averaging Approx. $102K in Annual Revenue (20242025)
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Contacts
Phil Ginexi
The Multifamily Firm
Location
Located at 4711 Hollingsworth Ave, Sarasota, FL 34233, this property is part of the Sunset neighborhood and Southwest Florida Coast market.
Contact Listing Broker
Phil Ginexi
The Multifamily Firm