1220 34th StreetSarasota, FL 34234Price: $275,000

Under contract-accepting backup offers. An investment opportunity is already in place here, with this property operating as a multi-unit income producer in one of Sarasota's most consistently rented corridors near Ringling College and New College. Private, lockable bedrooms paired with shared common spaces give investors a turnkey setup, complete with an established rental configuration, proven occupancy appeal, and the option to keep the co-living format running or transition to a traditional long-term rental or primary residence. Inside, the home shows nicely with modern flooring, refreshed finishes, and an open, light-filled living area well suited to shared living. The kitchen offers crisp white cabinetry, stainless steel appliances, and hardwearing surfaces built to handle tenant turnover with ease. Updated bathrooms and smart room separation allow multiple occupants to live comfortably and privately under one roof. Freshly pressure washed and boasting updated landscaping, the exterior makes a clean first impression, while a covered front porch, fully fenced backyard, mature shade trees, a gravel seating area, and plenty of open yard give tenants inviting shared outdoor zones without adding upkeep. The location does much of the heavy lifting, sitting just minutes from Ringling College of Art & Design, New College of Florida, and downtown Sarasota, with Gulf beaches an easy drive away. Steady demand from students, creative professionals, and seasonal renters positions this property as a compelling long-term hold with built-in flexibility. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS.**