Sarasota is a city in Sarasota County with a population of 54,842. The area is renowned for its cultural and environmental amenities, beaches, resorts and the Sarasota School of Architecture. U.S. News listed Sarasota as #1 in Best Places to Retire in 2021-2022.
Sarasota has a variety of attractions for everyone’s enjoyment from natural science aquariums, art museums and farmer’s markets to shopping, fishing and relaxing on the beach. For those who want to be physically active, Sarasota is a golf, tennis and pickleball goldmine.
With 35 miles of beachfront, tourism contributes significantly to its economy. Companies based in Sarasota include the Boar’s Head Provision Company. Major employers include Sarasota Memorial Hospital, Doctors Hospital of Sarasota, APAC Customer Services and The Zenith. Through powerful economic development programs and an expanding workforce, Sarasota County continues to be a great place for some of the nation’s fastest-growing industries.
In October 2021, home prices were up 11.0% compared to last year, selling for a median price of $385K. Median rent is $3,800.
Owning a rental property in Sarasota, Florida is a great way to diversify your assets and your income. You can also get several tax benefits and deductions (including our management fee).
Whether you need help with tenant placement, a bad tenant or full-service management of your property or you’re thinking about acquiring additional ones, you can count on our professional team here at InvestPro Properties to help you achieve your goals.
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