Log In/Sign Up
Your email has been sent.
Executive Summary
Adare Cottages is a rare, turnkey two-story, four-unit property located in the heart of Downtown Sarasota. Built in 2025, this boutique building combines modern construction, high-end finishes, and immediate income-producing potential in one of Southwest Florida's most desirable rental markets.
Situated on a 6,174 sq. ft. lot with 3,198 sq. ft. of total living space, the property features four fully furnished units, each separately metered, with one assigned off-street parking space per unit — four parking spots in total. Unit sizes range from 782 to 817 sq. ft., offering comfortable two-bedroom, one-bathroom layouts.
Each residence is designed for turnkey rental operations and includes high-end finishes and features, including hurricane impact windows; Thermador kitchen appliances, quartz countertops, and custom tile backsplashes; solid wood cabinetry with soft-close doors, luxury engineered wood flooring, and porcelain-tiled showers; in-unit LG Wash Tower washer/dryer sets, built-in closets, and desk areas; plantation shutters, high ceilings, and modern designer lighting; and 65" 4K Smart TVs in living rooms with 55" 4K Smart TVs in master bedrooms.
The property also offers separate systems and infrastructure for operational efficiency, including four individual A/C units, five electrical meters, and five water meters; a dedicated wireless router in each unit; an automatic sprinkler system (NFPA 13D); and Ring security cameras, exterior lighting, and a storage shed.
Outdoor amenities include beautifully landscaped grounds, cedar fencing, a permeable paver driveway with four parking spaces, and professionally installed landscape and driveway lighting.
Adare Cottages represents a rare investment opportunity in Downtown Sarasota. Its prime urban location, modern construction, furnished turnkey units, and strong rental market position the property for stable cash flow, seasonal and long-term rental appeal, and long-term value growth in a high-demand coastal market.
Situated on a 6,174 sq. ft. lot with 3,198 sq. ft. of total living space, the property features four fully furnished units, each separately metered, with one assigned off-street parking space per unit — four parking spots in total. Unit sizes range from 782 to 817 sq. ft., offering comfortable two-bedroom, one-bathroom layouts.
Each residence is designed for turnkey rental operations and includes high-end finishes and features, including hurricane impact windows; Thermador kitchen appliances, quartz countertops, and custom tile backsplashes; solid wood cabinetry with soft-close doors, luxury engineered wood flooring, and porcelain-tiled showers; in-unit LG Wash Tower washer/dryer sets, built-in closets, and desk areas; plantation shutters, high ceilings, and modern designer lighting; and 65" 4K Smart TVs in living rooms with 55" 4K Smart TVs in master bedrooms.
The property also offers separate systems and infrastructure for operational efficiency, including four individual A/C units, five electrical meters, and five water meters; a dedicated wireless router in each unit; an automatic sprinkler system (NFPA 13D); and Ring security cameras, exterior lighting, and a storage shed.
Outdoor amenities include beautifully landscaped grounds, cedar fencing, a permeable paver driveway with four parking spaces, and professionally installed landscape and driveway lighting.
Adare Cottages represents a rare investment opportunity in Downtown Sarasota. Its prime urban location, modern construction, furnished turnkey units, and strong rental market position the property for stable cash flow, seasonal and long-term rental appeal, and long-term value growth in a high-demand coastal market.
Property Facts
| Price | $6,043,065 CAD | Building Class | B |
| Price Per Unit | $1,510,766 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 3,198 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | NT | ||
| Price | $6,043,065 CAD |
| Price Per Unit | $1,510,766 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 3,198 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | NT |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2025-04-0054 | Improvements Assessment | $0 CAD |
| Land Assessment | $345,700 CAD | Total Assessment | $345,700 CAD |
Property Taxes
Parcel Number
2025-04-0054
Land Assessment
$345,700 CAD
Improvements Assessment
$0 CAD
Total Assessment
$345,700 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1234 15th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.



