7014 Willow St
$2,575,000, 1.16 Acres
About This Property
Sarasota's oldest surviving inn, The Villa Serena Inn, has recently completed an extensive 6 year rehabilitation costing over $1,500,000 and is ready for a new operator. Featuring a new pool, exterior paint, roof, driveways, landscaping and more the Inn is ready to accommodate both short term and long term tenants. And to assist in closing a deal the Seller will consider Seller Financing. The 1.16 acres features 12 residential apartments (4 transient suites, 8 non-transient suites) set in beautiful Banyans, Oaks and Palm trees which provide a park-like setting with various fountains and statuary. In addition to the residential units the property also has a roughly 1,000/SF catering hall making the Inn Ideally suited for weddings, private parties and other special functions creating additional income. A step into the foyer leads to the stairwell and ground floor apartments, the building reflects a glorious tradition and past. Today, each of its quaint apartments provide a fully equipped galley kitchen, most with a cozy breakfast nook, well-appointed Sitting Room with traditional oak floors. Italian sheer curtained windows provide an abundance of natural daylight. Villa neighbors include the Sara Bay Country Club, the John and Mable Ringling Museum of Art, New College, the University of South Florida, Ringling School of Art and Design, the Asolo Theater and the SRQ Airport.
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Listing data comes from My Florida Regional MLS.
Listing information last updated on November 14th, 2019 at 10:16am CST.