The 101 Condominiums - 101 S Gulfstream Ave, Sarasota, FL 34236

The city of Sarasota is a scene of eateries, theaters, shopping boutiques and artist enclaves. Running through the heart of downtown is Main Street, and branching off this main drag are colorfully named streets such as Pineapple, Orange, Lemon and Palm. More shops and colorful bungalows turned into bakeries, galleries, salons and yoga studios surround central downtown and are divided into five districts: Burns Court, Towles Court, Rosemary District, Historic Palm Avenue and Gillespie Park. Even more is waiting to be discovered at Bayfront Park, Southside Village and other nearby locales. Unique opportunity to purchase 3 bayfront condos in the recently renovated The 101 Condominiums. The building has unobstructed views of the Sarasota Bayfront that will never be infringed upon. The 101 Condominiums have gone through a complete interior renovation with a brand new pool recently with plans to modernize the exterior facade. All 3 units have been at least partially renovated. Units are as follows: 6J - 1BR/2BA, 963 SF, Full Bay View 7J - 1BR/2BA, 963 SF, Full Bay View 10A - 2BR/2BA, 1,200 SF, Partial Bay View The special assessment to renovate the exterior has been paid in full. Each unit is held in a single entity LLC which are available in the transaction to circumvent the 2-year holding minimum to lease so your Buyer can lease immediately. Annual rent for all 3 units potentially $90,000. The 101 Condominiums are essentially a brand new building without the new development prices.