Prime Investment Opportunity in Laurel Park – Historic 4-Plex with Exceptional Income Potential! Discover your next smart investment in the heart of Laurel Park, one of Sarasota’s most desirable and historic neighborhoods. Just three blocks from vibrant Main Street and minutes from the city’s renowned Gulf Coast beaches, this charming 4-unit multifamily property offers a rare chance to own premium real estate in a high-demand location. The property consists of two separate buildings, each featuring an upper and lower 1-bedroom, 1-bath apartment, with ample off-street parking for tenants. All units are currently leased to reliable annual tenants, ensuring immediate income. For investors seeking to maximize returns, this property offers significant upside as a short-term rental, with the potential to generate substantially higher income through weekly bookings in a vacation-friendly market.
Financial Considerations
Price:
$1,299,000
HOA Fee:
N/A
Tax Amount:
$13509.7
Price per SqFt:
$391.27
Tax Legal Description:
LOT 1 LESS W 10 FT & W 31 FT OF LOT 3 OF SUB OF LOT 13 BLK G SUB OF BLKS G & H PLAT OF SARASOTA