NOT LISTED FOR SALE

1810 Morrill St Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $614,000 - $837,000

3 Beds
3 Baths
1,518 Sq Ft
$487/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $830,000 $547 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,446/month

40 Days on Market

Highlights

  • No HOA
  • Balcony
  • Solid Wood Cabinet
  • Southside Elementary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Laurel Park

About This Home

As of April 2024

Innvest in this exceptional ACTIVE Airbnb downtown MULTIFAMILY property situated in the Historic District of Laurel Park. The property is only a mere 3 blocks away from the bay and just 2 blocks from Main Street, Sarasota. This charming and profitable TURNKEY FURNISHED TRIPLEX features 3 apartments that are sure to meet your investment needs. The entire 2nd-floor apartment, which is a 2-bedroom, is flooded with natural light, while the 1st-floor front apartment exudes natural charm. Additionally, your tenants will love the spacious front porch, and the downstairs back studio, which lives like a 1-bedroom, is surrounded by a privacy fence. This Airbnb rental is not subject to Sarasota County's 30- day rental minimums, making it an even more attractive investment opportunity. The studio and huge exterior wooden deck not pictured also provide the potential to add on a backyard pool deck, additional guest parking, or even more units with county approval! With its close proximity to Downtown Sarasota, Siesta Key, and SRQ airport, tenants can enjoy leisurely strolls or bike rides to the Saturday morning farmers market, the fantastic Bayfront fireworks on the 4th of July, Towels Court Art Walk, and countless fabulous restaurants, art events, opera and theatre. This property is within city limits and can be rented as often as you wish! Don't miss out on this incredible investment opportunity, schedule your showing today!

Last Agent to Sell the Property

Jennifer Kenna

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3288205 Listed on: 02/29/2024

EXP REALTY LLC

Last Buyer's Agent

M Winiecki

FUSION MANAGEMENT & REALTY GRP License #3291487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,852

Year Built

  • Built in 1922

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 30x100

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Sliding Doors
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Solid Wood Cabinet

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Courtyard

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 1,518 Sq Ft Building
  • Laurel Woods Community
  • Pos Sub Of Blks G & H Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,852

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1518
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1922
  • Building Area Total: 1518
  • Lot Size Sq Ft: 3000
  • Directions to Property: To reach the house, exit from i-75 and take the Fruitville road. Proceed west on Fruitville until you reach rt301. Turn left and head south on 301 until you reach Morrill St. Turn right onto Morrill St. and continue for 3 blocks. The house will be on your left. Business plaza parking and street parking is available for guests in front of the home.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 546.77
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Solid Wood Cabinets, Window Treatments
  • Foundation Details: Stilt/On Piling
  • Street Number Modifier: 1810
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 141.03

Exterior Features

  • Exterior Features: Awning(s), Balcony, Courtyard, Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSM9
  • Parcel Number: 2027090043
  • Additional Parcels: No
  • Lot Dimensions: 30x100
  • Flood Zone Code: X
  • Lot Size Square Meters: 279

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Residential homes within city limits of Sarasota, including North Siesta , Lido Key, and downtown Sarasota, are allowed seven-day minimum rentals. All rentals in Sarasota for a period of less than six months are subject to an 11% tax.

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 6851.97
  • Tax Block: G
  • Tax Book Number: A-57
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 26, 2024
Sold by
Gherardi Joseph F
Bought by
Sarasota Boatyard Village Llc
Seller's Agent
Jennifer Kenna
EXP REALTY LLC
Buyer's Agent
M Winiecki
FUSION MANAGEMENT & REALTY GRP
List Price
$895,000
Sold Price
$830,000
Premium/Discount to List
-$65,000
-7.26%
Views
28
Current Estimated Value
$738,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,271
Avg. Annual Appreciation
-7.47%

Purchase Details

Listed on
Oct 21, 2022
Closed on
Feb 1, 2023
Sold by
Christensen Timothy C
Bought by
Gherardi Joseph F
Seller's Agent
Scott Curtin
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Brendan Rimer
EXP REALTY LLC
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$618,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jun 1, 2021
Sold by
Potter Jason C
Bought by
Christensen Timothy C
Seller's Agent
Moe Mossa
SAVVY AVENUE, LLC
Buyer's Agent
Scott Curtin
CHARLES RUTENBERG REALTY INC
List Price
$765,000
Sold Price
$588,000
Premium/Discount to List
-$177,000
-23.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%

Purchase Details

Closed on
May 30, 2003
Sold by
Clark Jonathan and Kidney Clark Louise
Bought by
Potter Jason G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.3%

Purchase Details

Closed on
Aug 26, 2002
Sold by
Liberi Richardp
Bought by
Kidney Clark Jonathan and Kidney Clark Louise
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sarasota Boatyard Village Llc $830,000 None Listed On Document
Gherardi Joseph F $775,000 --
Christensen Timothy C $588,000 Sun Coast Title Company Llc
Potter Jason G $277,000 --
Kidney Clark Jonathan $237,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gherardi Joseph F $618,000
Previous Owner Potter Jason G $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $830,000 -7.3% $547 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $895,000 0.0% $590 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $895,000 +15.5% $590 / Sq Ft
02/01/2023 02/01/23 Sold $775,000 -4.9% $511 / Sq Ft View Prior Sale
12/05/2022 12/05/22 Pending -- -- --
11/15/2022 11/15/22 Price Changed $815,000 -1.2% $537 / Sq Ft
10/21/2022 10/21/22 For Sale $825,000 +40.3% $543 / Sq Ft
06/01/2021 06/01/21 Sold $588,000 -23.1% $368 / Sq Ft View Prior Sale
05/12/2021 05/12/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $765,000 -- $478 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,852 $510,700 $294,800 $215,900
2023 $6,852 $468,900 $278,800 $190,100
2022 $6,107 $397,400 $257,300 $140,100
2021 $4,534 $301,500 $228,300 $73,200
2020 $4,192 $266,200 $194,000 $72,200
2019 $4,109 $283,900 $206,600 $77,300
2018 $3,750 $255,900 $182,900 $73,000
2017 $3,793 $179,894 $0 $0
2016 $3,574 $258,500 $186,800 $71,700
2015 $2,938 $181,900 $115,200 $66,700
2014 $3,082 $122,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Kenna

    Seller's Agent in 2024

    Jennifer Kenna

    EXP REALTY LLC

    (321) 720-9869

    6 in this area

    538 Total Sales

    Jennifer Kenna
    Section Image
  • M Winiecki

    Buyer's Agent in 2024

    M Winiecki

    FUSION MANAGEMENT & REALTY GRP

    (941) 809-3404

    1 in this area

    6 Total Sales

    M Winiecki
    Section Image

  • S

    Seller's Agent in 2023

    Scott Curtin

    CHARLES RUTENBERG REALTY INC

    (941) 497-6060

    10 in this area

    23 Total Sales

    Scott Curtin
    Section Image
  • Brendan Rimer

    Buyer's Agent in 2023

    Brendan Rimer

    EXP REALTY LLC

    (941) 465-0520

    2 in this area

    70 Total Sales

    Brendan Rimer
    Section Image
  • Moe Mossa

    Seller's Agent in 2021

    Moe Mossa

    SAVVY AVENUE, LLC

    (888) 490-1268

    3 in this area

    2,742 Total Sales

    Moe Mossa
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4601431

Stellar MLS

APN: 2027-09-0043

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1810 Morrill St, Sarasota, FL

This home is located at 1810 Morrill St, Sarasota, FL 34236 since 29 February 2024 and is currently estimated at $738,729, approximately $486 per square foot. This property was built in 1922. 1810 Morrill St is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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