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Investor's Dream - 5-Unit Rental Gem! High ROI potential, zoned for weekly rentals. Welcome to a rare opportunity to own a cash-flowing multifamily building perfectly positioned to capitalize on the booming short-term rental market. 4 of the 5 Units have been renovated with new kitchens. All 5 units have new mini-split AC systems and have large private terraces. One unit is turnkey furnished with proven revenue history in this high-demand area! The other 4 apartments are currently rented to annual tenants, but could easily be converted to short-term rental units. There are also 10 mini garage units that are leased to tenants for storage at an average of $125/month. Location, Location, Location: This Laurel Park location is minutes from downtown, the entertainment venues and restaurants of Burns Court, and other cultural hotspots. This prime income property is ready for a new owner to step in and start earning from day one. Pro-forma statement available upon request.
| DAYS ON MARKET | 3 | LAST UPDATED | 4/23/2025 |
|---|---|---|---|
| TRACT | BURNS REALTY | YEAR BUILT | 1920 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Block, Brick, Frame, Stucco |
| EXTERIOR | Balcony, Courtyard, Lighting, Storage |
| HEAT | Electric |
| INTERIOR | Open Floorplan |
| LOT | 3920 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | BURNS REALTY |
| TAXES | 12863.4 |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Timothy Bloch, QUEST PROPERTIES INC, 941-504-1111
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/25/25 4:36 PM PDT.
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