Harbor Oaks Villas

Investment Highlights

• Dreznin Pappas Commercial Real Estate is proud to present the confidential offering of Harbor Oaks VIllas in Sarasota Florida. Harbor Oaks VIllas is a 15-unit complex that consists of three buildings on one parcel of land.
• The property features a rare & outstanding unit mix of One, 3 bedroom / 2 bathroom unit, Nine, 2 bedroom / 2 bathrooms units, One, 2 bedroom / 1 bathroom unit, and Four, 1 bedroom / 1 bathroom units. With 67% percent of the units having two bathrooms, the property offers superior competitive advantage, and provides strong upside to increase rents with a strategic interior/exterior renovation plan.
• With newer roofs (2025 permits), partial interior updates, revamped landscaping and exterior aesthetics, Harbor Oaks VIllas is ready for the future.
• With the location to Sarasota Memorial Hospital and the amount of growth SMH has seen and expressed over the past decade or so, there is some possiblity that this property becomes part of a larger redevelopment scenario. Please keep in mind that this is pure hypothesis and for now, this is best operated as a multifamily complex.

Location Summary

• Harbor Acres Village located in a highly demanded neighborhood of Arlington Park, which is just South of Downtown Sarasota. The property sits just east of Route 41/Tamiami Trail, and just east of the newly renovated 829 bed Sarasota Memorial Hospital; which one of the largest employers in Sarasota County. Also, within walking distance of the property is the trendy “Southside Village”.
• This area located along Hillview Street and Osprey Avenue, “West of the Trail”, is littered with modern café’s, trendy bars, and fine dining destinations. All said, the location offers quick access to a high concentration of employment and enables tenants to reside within 5-minutes of downtown Sarasota, Siesta Key, and St Armands Circle on Long Boat Key.