GLOBAL ASSET SEARCH / RESIDENTIAL INCOME27.3413° N / 82.5307° W
TARGET ACQUIRED431 N EAST AVENUESARASOTA / FLORIDA / 34237
Sarasota, FL
Three-unit income property / Sarasota, Florida27.3413° N / 82.5307° W
$999K · 3 UNITS · $7,200/MO IN PLACE · 8.65% GROSS · 6.77% CAP
431NEASTAVENUE
$86,400 annual gross, in place.
Three separately rentable units.
431N EASTAVENUE
Building the model
Drag to orbit · click a door
ASSETTRIPLEX
UNITS03
BEDS / BATHS6 / 4
LIVING AREA2,210 SF
PARCEL0.29 AC
ANNUAL GROSS$86.4K
/// PRIVATE OFFERING
Income in place.
Sarasota ground beneath it.
ASSETTRIPLEX
UNITS03
BEDS / BATHS6 / 4
LIVING AREA2,210 SF
PARCEL0.29 AC
ANNUAL GROSS$86.4K
See it before
you underwrite it.
Start at the front door and move through the whole asset. Then take the 26-frame gallery at your own pace.
CINEMATIC WALKTHROUGH
INVESTMENT SNAPSHOT / IN-PLACE FIGURESThe basis.
The basis.
At a glance.
Price, revenue, and the two return numbers that matter — before you open the model.
GROSS YIELD8.65%Annual gross revenue ÷ asking price
−VACANCY ALLOWANCE5%Applied to annual gross revenue
−DETAILED EXPENSES17.6%Tax, insurance, reserves, and other costs
=ILLUSTRATIVE CAP RATE6.77%Modeled NOI ÷ asking price
01THE INVESTMENT THESIS
One parcel / three income streams / four blocks from Main Street
Not a
listing.A position.
BUY THE INCOME / HOLD THE OPTIONS
Loading the Sarasota map
Three separately rentable units create the current income base. The 0.29-acre parcel sits inside Sarasota’s Park East, four blocks from Main Street.
A rent roll already in motion.
$7,200 a month is already collected. That’s your starting line, not a projection.
Three units. No single-door thesis.
A mix of one-, two-, and three-bedroom units spreads revenue across three distinct households.
Urban ground with time on its side.
Land four blocks from Main Street doesn’t get made again. The cash flow is what you hold while that plays out.
AssetTRIPLEX
Beds / baths6 / 4
Living area2,210 SF
Parking spaces10
Zoning frameworkDTN / MMOD
*Expansion optionality: the 0.2873-acre parcel is publicly listed as DTN in Park East. The City’s Missing Middle Overlay can support density sufficient for a five-unit concept when attainable-housing, design, permitting, and all other development standards are satisfied. No additional units are currently approved; buyers should confirm a specific plan with the City.
02LIVE UNDERWRITING
Your assumptions, not ours
Pressure-test
the opportunity.
Adjust the assumptions in real time. Gross yield measures top-line revenue against price; cap rate measures modeled NOI after vacancy and operating costs.
Annual gross revenue divided by purchase price. It does not deduct vacancy or operating costs.
Illustrative net operating income divided by purchase price after the selected vacancy and operating-cost assumptions.
Pre-tax cash flow divided by invested equity. This changes when financing assumptions are introduced.
Purchase price$999,000
Monthly gross revenue$7,200
Vacancy allowance5%
Annual property tax$7,907.00
Annual insurance$1,611
Reserve per unit$800
Other annual operating costs$2,500
Down payment100%
Interest rate7.000%
Loading the yield model
Annual gross revenue$86,400
Effective gross revenue$82,080
Property tax$7,907.00
Insurance$1,611
Reserves$2,400
Other operating costs$2,500
Illustrative NOI$67,662
Annual debt service$0
Pre-tax cash flow$67,662
Cash-on-cash return6.77%
DSCRN/A — ALL CASH
Break-even occupancy16.7%
5-YEAR HOLDForward assumptions
Annual rent growth3.00%
Exit cap rate6.25%
Illustrative 5-year IRR10.87%
Equity multiple1.59x
Illustrative exit value$1,255,021
Assumes 2% selling costs and the selected financing. No acquisition costs, taxes on sale, or refinance proceeds.SENSITIVITYCash-on-cash at 25% down, 30-year amortization
ACQ CAP ╲ INTEREST
6.0%
7.0%
8.0%
5.25%
-0.6%
-3.0%
-5.4%
5.75%
1.4%
-1.0%
-3.4%
6.25%
3.4%
1.0%
-1.4%
MODEL NOTE
Illustrative only. Annual property tax defaults to the stated $7,907.00 and remains buyer-adjustable; buyers should confirm current taxes and any reassessment effects. Insurance, reserves, and other costs are adjustable assumptions. Financing assumes a 30-year amortization. The model excludes closing costs, taxes on sale, lender fees, and other buyer-specific items. Buyers should verify all inputs. It is not investment, legal, lending, or tax advice. City tax source ↗
03INVESTOR FIT
Four ways to see the same address
Choose your
angle.
01
Investor archetype
Income buyer
Revenue from three households, not one tenant.
Start with existing monthly income, then underwrite the path from gross revenue to durable NOI. Separate units can help diversify vacancy exposure while the corner-lot format keeps the asset legible and manageable.
Focus: durable collections, efficient operations, lease quality
STRATEGYStabilized income
HOLD FRAME5–10 years
PRIMARY OBJECTIVEDurable NOI
CORE ADVANTAGEThree revenue streams
VALUE PATHStabilize and compound
04THE LOCATION
Sarasota / Florida / 34237
Four-tenths of a mile
from downtown.
0.4 MIDOWNTOWN
3.3 MIST. ARMANDS
3.7 MISIESTA KEY
4.0 MISRQ
4.7 MII-75
YEAR BUILT1959
CONSTRUCTIONBLOCK
ROOFSHINGLE
PARKING10 ON-SITE SPACES
05OFFERING ACCESS
Investor materials / release sequence
Built for a buyer’s
next move.
The live financial model, the full film, and the gallery are open right now. No gate, no form.
Adjust price, revenue, vacancy, operating costs, and financing assumptions directly on the page.
Open the model ↗︎26 frames: aerials over the parcel and downtown, the full exterior, and every room inside.
View the gallery ↗︎The full walkthrough in 4K, from the street to the back bedroom.
Watch the film ↗︎OCCUPANCY & DOCUMENT RELEASEAll three units occupied.
Certified rent roll and 12-month collection history available on request; leases and tenant estoppels released at LOI under NDA.
INFORMATION CURRENT AS OF AUGUST 18, 2026OCCUPIED TRIPLEX / STATED IN-PLACE RENTSLISTING CONTACT / JUSTIN BUFFALOE / AMY ROBINSON REAL ESTATE LLC