Address
1718 LAUREL STREET, Sarasota, FL
Price
$ 3,500,000
Property Attributes
  • MLS#A4567843
  • TypeCommercial
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota
  • NeighborhoodBURNS REALTY
  • Zip34236
  • StyleMulti-Family
  • Year Built1930
  • Taxes$ 28859
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11420
  • Lot Size0.81 Acres
Data Source:
Stellar MLS
Property Description

The Key West Apartments boasts pride in ownership with perfectly maintained grounds, ample parking and a strong unit breakdown with 6 one-bedroom apartments, 8 two-bedroom apartments, and 2 efficiency apartments. The seven building 16-unit garden style apartment community is across from Laurel Park and close to Downtown Sarasota. The property is Historically designated according to the City of Sarasota. The City offers incentives to update existing units and FEMA requirements are waived according to the City Planning Department. . Sarasota is known as Florida's Cultural Coast and is home to a professional symphony, ballet and opera. In addition, more than 10 theaters and 30 art galleries are located in Sarasota. Main Street in Downtown Sarasota boasts dozens of shops, restaurants and nightclubs. There are many special events throughout the year in Downtown Sarasota including live music, art festivals, motorcycle shows and parades. Call for more details or to schedule your private showing.

Price History
4/19/2023 Listed $4,500,000
5/3/2023 13% - $3,950,000
7/7/2023 12% - $3,500,000

General Features

Additional Parcels Y/N No
Building Area Units Square Feet
City SARASOTA
Construction Materials Wood Frame
Cooling Wall/Window Unit(s)
County Sarasota
Days on Market 91
Directions S. OrangeAve. to Laurel St Located in Historic Laurel Park
Lot Size Square Feet 35386
MLS Area 34236 - Sarasota
New Construction No
Percent Ownership Corporation
Property SubType Multi-Family
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name LAUREL
Subdivision Name BURNS REALTY
Tax Annual Amount 28859.17
Tax Lot 19
Tax Year 2022
Total Number of Buildings 7
Township 36S
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4567843
Water Access YN No
Waterfront Y/N No
Year Built 1930
Zoning RSM9

Interior Features

Flood Zone Code Zone AE
Living Area Units Square Feet
Street Suffix STREET
Total Stories 2

Exterior Features

Buyer Agent Compensation 2.5%-$295
Living Area 11420
Building Area Total 13610
Foundation Details Slab
Lot Size Acres 0.81
Road Frontage Type City Street
Road Surface Type Asphalt
Water Extras YN No
Water View YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34236

Price
AVG $2.45M
$3.5M
Taxes
AVG $8,410
$28,859
Visits
AVG 144
245
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1930
Walkscore
AVG 84
87
Data Provided by Walkscore® not using MLS data