Morrill Street Multi-Family

$2,595,000

1901 Morrill St 1901,1905, 1909, 1911, Sarasota, FL 34236

For Sale

Multifamily

Active

Last Updated: 11/10/2025

Details:

NOI: $84,302

Building Size: 4,486 sqft

Lot Area: 0.29 acres

Units: 4

Year Built: 1949

Zoning: DTE

Parking Spots: 4

Year Last Renovated: 2022

Baths: 7

Offered by

David Neff

Senior Broker Associate

615-Coldwell Banker Realty - Florida

#BL3224740

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Highlights:

Tax Roll Number: 2027080058
Annual Tax: $ 23708.0
Average Occupancy Rate: 100.0
Gross Income: $ 127200.0
Max Contiguous Area: 4486.0
Min Divisible Area: 4486.0
Body Of Water: Gulf
Cooling: A/C
Fireplace Description: Stone
Special Market: International Properties

Description:

Completely renovated inside and out
4 high-end residential units totaling 4,486 SF
Two-story Residence
Separate Duplex
Guest cottage
Exquisitely restored in 2022
Hardi-Plank siding
Oversized impact windows and sliding doors
Luxury vinyl plank flooring
Crown molding
Prime Sarasota, Siesta Key, Longboat Key location
Fully occupied with premium tenants
Modern amenities and upscale finishes
Historic charm with contemporary elegance

Immerse yourself in the cultured ambiance of the prestigious Sarasota historic district in Laurel Park where this compound is nestled. This prime location comprising 3 residences, distinct and completely renovated inside and out. It offers close proximity to the sophisticated cultural attractions of downtown Sarasota, the opulent beaches of Siesta Key and Longboat Key, and the flourishing business community. The main residence is a two-story masterpiece featuring four bedrooms and 3.5 bathrooms. A Separate Duplex with two kitchens, two living areas, two bedrooms, and two bathrooms and a charming one-bedroom, one-bathroom guest cottage. Discerning investors can capitalize on the area's dynamic economic climate and burgeoning market for upscale office spaces. With a perfect blend of business and leisure opportunities, the area presents an unparalleled investment potential for office building investors seeking a sophisticated and prestigious environment. Explore the allure and exclusivity of this sought-after location to find the perfect opportunity for your next upscale commercial real estate venture, surrounded by a vibrant arts scene and a rich cultural tapestry.