1868 Laurel Street, Sarasota, FL, 34236

ARV: $800k - $900k

Rehab: $30k - $40k

Est Rents: $8,000

Lot Size: 5,938 Sq Ft

Built: 1925

Details:

Discover a premier investment opportunity in the heart of Sarasota’s historic Laurel Park neighborhood with this exceptional property. Formerly recognized as the iconic "Ringling's Tiny Town," this site has been thoughtfully rebranded as Casas Caribe, offering a unique blend of

historical charm and modern utility. The offering currently features two high-quality, single-family 1/1 residences, known as "Casa Azafran" and "Casa Anil.

These units have been meticulously maintained and upgraded to cater to discerning tenants, boasting contemporary interior finishes and highly desirable functional features, including individual utility meters, private in-unit washers and dryers, and dedicated assigned parking spaces.

The property has demonstrated a strong track record of success under its current month-to-month leasing structure, providing investors with immediate operational flexibility. Furthermore, the asset is structurally sound, featuring a reliable roof system replaced just four years ago, with the permit

successfully closed on 12/15/22.

This is an ideal acquisition for investors seeking a turnkey asset with significant historical pedigree and modern residential appeal in one of Sarasota's most

sought-after locations.