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Description
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.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $13,509
Year Built: 1914
General Information
Bedrooms: 4
Sqft: 3,320
County: Sarasota
Subdivision: POS
Listed By:
Timothy Bloch
QUEST PROPERTIES INC
941-504-1111
MLS ID: A4680127
Amenities
Ceiling Fans(s)
High Ceilings
Awning(s)
Balcony
Fence
Storage
Property Features
Annual Net Income: 83340.00
Days on Site: 34
Directions: Three blocks south of Main Street on S. Osprey Ave.
Exterior: Wood Siding
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Call Listing Agent
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Public
Water: Public
Water Access Y/N: No
Zoning: RSM9
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301 S Osprey Avenue, Sarasota, FL 34236.
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Estimated Payment
$ 5,519.48 per month $4,044.03 Principal & Interest $1,125.75 Property Tax $349.71 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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