Updated almost 5 years ago on . Most recent reply
How is the Sarasota Fl single family rental home market
Looking to buy outside of the developments, wondering how the rental market is? If a development rental is a better option I would love the advice. Looking to make contacts. Property management / realtor / financing / legal.
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Hey @Chris Wan
In my opinion the Sarasota rental market is very healthy. I am from Bradenton just a town over and frequent Sarasota often in meetings, business, and even own a rental there myself. Being home to the #1 Beach in the U.S and others along the gulf coast, it is not a bad place to own a few rentals. Landlords seem to fill vacancies pretty quickly, and rents are usually around 1%. Along with the tourism, jobs, and the beaches I already mentioned, Sarasota has great long term appreciation potential. A fantastic place to do some REI as long as you find the right deal!