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1636 Laurel St
Sarasota, FL 34236
Laurel Place Villas - 1636-1640 Laurel St · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Class A+ Location, Which Commands Some of the Highest Rents Per Square Foot in Sarasota County
  • Exceptional Opportunity to Utilize Favorable Residential Financing & Capitalize on Historically Low Interest Rates
  • Highly Desired Location Providing Significant Redevelopment Opportunities & Multiple Exit Strategies
  • Consists of 2 Parcels, with 1 Building on Each Parcel, Connecting Laurel Street to Cherry Lane Totaling 0.24 Acres
  • Excellent Opportunity to Live in One of the Most Highly Sought-After Areas in Sarasota While Collecting Strong Cash Flow
  • Within Walking Distance from Some of Sarasota’s Best Restaurants on Main Street, Burns Court, Bayfront Park, & the Saturday Farmers Market

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 1,882 SF
Average Occupancy 100%
No. Stories 2
Year Built 1910
Parking Ratio 2.12/1,000 SF
Zoning RSM9 - RESIDENTIAL SINGLE MULTIPLE-9

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Microwave
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Yard
  • Deck
  • Dining Room
  • Family Room
  • Garden
  • Patio
  • Porch

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Vintage Building
  • Zen Garden

Property Taxes

Property Taxes

Parcel Number
2027-10-0037
Land Assessment
$534,300
Improvements Assessment
$32,500
Total Assessment
$566,800
  • Listing ID: 22424749

  • Date on Market: 3/8/2021

  • Last Updated:

  • Address: 1636 Laurel St, Sarasota, FL 34236

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