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2-Unit Furnished Multifamily Property
New
For Sale
$580,000

1720 MORRILL Street, Sarasota, FL 34236

Residential Income, SARASOTA, FL

Property Size576 SF
Lot Size0.48 Acres
Price / SF$1,006
Days on Market2

Property Features for 1720 MORRILL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RSM9
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Laundry Room, Bathroom 1
Pets allowed Yes
Interior features Primary Bedroom Main Floor
Exterior features Lighting
Subdivision MORILL ENCLAVE
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Directions FROM RINGLING BLVD, HEAD SOUTH ON S OSPREY AVE. TURN RIGHT ON MORRILL ST. PROPERTY IS ON THE LEFT (SOUTH SIDE) AT 1720 MORRILL ST, UNITS 11 & 12. PARKING DIRECTLY IN FRONT.
Standard status Active
APN 2027103012
Size 576 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 12, BLDG 6, MORRILL ENCLAVE AND UNIT 12, BLDG 6, MORRILL ENCLAVE
Tax Annual Amount 4800
Legal Description UNIT 12, BLDG 6, MORRILL ENCLAVE AND UNIT 12, BLDG 6, MORRILL ENCLAVE

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1957
Flooring type Tile - Ceramic
Building materials Block
Roof type Tile
Buildings 1
Listing Agency: PRIME TIME REAL ESTATE INC
Listed By: Dan Novak
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:06PM
MLS# A4710703

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily offering comprises two furnished residences, identified as units 11 and 12, within a 12-unit community. The combined property area is 576 square feet. Built in 1957, the block construction residences have ceramic tile flooring, central air, heat-pump heating, and tile roofing. Public water and sewer serve the property, and zoning is RSM9.

The property is in Sarasota’s Laurel Park area, near downtown Sarasota. Parking is positioned in front of the residences. Rental use is subject to applicable restrictions.

Key Highlights

  • Two furnished residences, units 11 and 12, in a 12‑unit community
  • 576 square feet combined
  • RSM9 zoning

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,724
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two furnished residences are offered within a 12-unit community, with parking immediately in front.
Where is this multifamily property located?
The property is located at 1720 MORRILL Street Sarasota, FL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Two furnished residences, units 11 and 12, in a 12‑unit community; 576 square feet combined; RSM9 zoning
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