651 MADISON COURT, Sarasota, FL 34236
Did your stock portfolio get killed in 2022? Yep, mine too. What we should have done is buy a boring cash flowing asset, in a prime location. Something that doesn't have any differed maintenance, a true Class - A rental building. We should have bought this. Every single surface has been touched in this Laurel Park triplex. The roof, the plumbing, the Ac's, full interiors, everything. Interior laundry added for each unit, and each tenant pays their own utilities. Its basically new construction. We have professional management placing annual tenants as we speak (1/20), they can be retained at buyers choice. This can be STR'd if you prefer that path as well. Throw in another 40k or so per year in tax deductible depreciation, this is the one. A true no-brainer.
Property Details for 651 MADISON COURT
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Market Comparison
There aren't too many bidding wars right now in Laurel Park, with homes selling 4% below asking price over the last three months.
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Public Facts about 651 MADISON COURT
This home last sold in 2021 for $565000. It was last assessed for taxes in 2020 for $444900.
How Are the Schools in Laurel Park?
34236 public schools nearby are pretty great, ranking better than the Greater Jacksonville region average.
Can I raise a family in Laurel Park?
65% of homes in Laurel Park are renter-occupied with an average household size of 2.1 members.
There are plenty of options for childcare for young families in Laurel Park, including School Avenue Child Care Cen and Taco Bell. Proximity to urgent care centers such as Cape Outpatient Surgery Center and Sarasota Urgent Care is also a plus.
What's nearby 651 MADISON COURT?
This house is right near The Bodhi Tree Cafe, one of the best Italian places around.
Instacart grocery delivery is available in 34236 from 17 stores including Sam's Club, Publix, Costco, BJ's Wholesale Club, and CVS Pharmacy®.
Dessert shops like Le Macaron, The Fudge Factory, and Panera Bread are great options in 34236 for satisfying your sweet tooth.
What are my public transportation options in Laurel Park?
More than 69% of commuters drive to work alone in Laurel Park.
Laurel Park has a walk score of 86, a bike score of 70, and a transit score of 43. This neighborhood is walkable and most errands can be done on foot.
Where Can I Charge My Electric Vehicle near 651 MADISON COURT?
There is an electric vehicle charging location in Laurel Park with a total of 1 level 1 and 1 level 2 chargers .
Recently Sold Homes in Laurel Park
37 homes were sold in 34236 this month, which is 6% higher than last month and 36% lower than last year.
Natural Hazards risk in Sarasota
This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.
Will I Like My Neighbors in Laurel Park?
This home is in a precinct that voted for Joe Biden in 2020, who took 61% of the 4051 votes cast.
65% of homes in Laurel Park are renter-occupied with an average household size of 2.1 members.
80.5% of adults in Laurel Park have completed high school, which is 9.3% lower than the national average.
Who provides the best cell coverage in Laurel Park?
The best mobile coverage in Laurel Park is provided by Sprint with 5 cellular sites.
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