I just brought a great new opportunity to the market in Sarasota, and I’m excited to share it.
1885 Vamo Way is one of those properties that checks multiple boxes depending on what you’re looking for. Whether you’re a buyer wanting a place near Siesta Key, an investor looking for income potential, or someone thinking long-term about building new, this one is worth a look.
This is a 2-bedroom, 1-bathroom cottage-style home with a lot of character. It was rebuilt in 2001 and has been well-maintained with updated appliances, including a newer refrigerator, range, microwave, and A/C. It’s comfortable, functional, and move-in ready, but also leaves room for someone to make it their own.
What really stands out here is the lot and outdoor space. The yard is fully fenced, giving you privacy and flexibility. There’s a covered gazebo deck with a sink that sets up perfectly for entertaining or just enjoying the Florida lifestyle. You also have a separate RV electric hookup and a shed that can be used as a workshop, storage, or hobby space.
The location is a big part of the value. You’re just minutes from Siesta Key Beach and only about a minute from Vamo Drive Park, which has kayak launch access. It’s a great spot for anyone who enjoys being on the water or outdoors.
From an investment standpoint, this property has already proven itself. It generated approximately $30,000 to $50,000 in rental income in 2023. That makes it a strong option for someone looking to continue using it as a rental or even explore short-term rental opportunities, depending on their strategy.
There’s also long-term upside here. The lot is large enough to build a new home with a pool, which could significantly increase the overall value, given how desirable this area is.
Properties like this don’t come up often in this part of Sarasota, especially with this combination of location, flexibility, and income potential.
If you want more details or are thinking about taking a look, reach out.
