Wade M. Berlin

Welcome to a rare income producing opportunity in the coveted Downtown Historic District of Laurel Park, Sarasota. This beautifully renovated and meticulously maintained triplex blends timeless character with proven financial performance, offering the perfect combination of lifestyle and investment potential. Currently operating as an established Airbnb with Superhost status and professional management in place, this property provides steady, verifiable income with strong year over year performance and the flexibility to continue as a high yield short term rental or transition to long term tenants for predictable cash flow. The triplex features three charming, fully furnished unitstwo front units with two bedrooms and one bathroom each, and a one bedroom, one bathroom rear unit. Each includes private driveways, off street parking, patios, and either in unit or shared laundry. Situated on an exceptional flag lot with dual frontage on both Laurel Street and Ohio Place, this property offers rare privacy, accessibility, and redevelopment potential. The lots size and configuration make it ideal for a future custom residence, offering one of the most desirable build opportunities within Sarasotas downtown core. Financially, the property has a consistent and transparent performance record, generating $111,599 in 2023, $106,893 in 2024, and a projected $103,000 in 2025. Importantly, these figures already reflect reduced occupancy, as the owners reserve the property multiple times per year for family use. Without that usage, the income potential is expected to reach or exceed $120,000 annually, offering clear upside for an investor focused on maximizing returns. With stronger marketing, repeat guest programs, and continuous availability, this propertys income could grow substantially while remaining a largely hands off investment. This triplex stands out not only for its returns but also for its flexibility. Investors can enjoy immediate passive income with management and future bookings already in place, or occupy one unit and rent the others to offset ownership costs. The propertys prime location within the National Historic District of Laurel Park enhances its long term value, offering walkable access to Sarasotas Bayfront, Selby Gardens, Main Street dining, shopping, and the citys renowned arts and theater venues. Laurel Parks historic charm, walkability, and strong rental demand make it one of Sarasotas most stable and appreciating neighborhoods for both investors and homeowners alike. With its combination of proven rental history, turnkey condition, desirable lot, and premier downtown location, this property represents a rare opportunity to own an asset that delivers reliable income today and exceptional upside tomorrow. Whether held as a passive income generator, a personal retreat with investment benefits, or the site of a future luxury home, this triplex embodies the best of Sarasotas lifestyle, history, and growth potential. Dont miss your chance to own this exceptional property in one of Sarasotas most sought after neighborhoodswhere historic character meets lasting investment value.