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Description
Located in an area experiencing continued redevelopment and investor activity, with convenient access to US-301, Downtown Sarasota, shopping, dining, and Gulf Coast beaches. Strong rental demand in the immediate submarket supports consistent cash flow potential. Land value opportunity in a rapidly evolving Sarasota submarket. Property is being marketed primarily for its underlying land value with existing structure contributing minimal or no contributory value. Ideal for investors seeking teardown, redevelopment, or long-term hold strategies.Located on a residential street with surrounding redevelopment activity, this parcel offers strong positioning for future new construction or repositioning.
Property Highlights
Property Type: Residential - Single Family
Cooling: Other
Heating: Other
Lot Size: 0.12 Acres
Roof Type: Other
Stories: 1.0
Taxes: $940
Year Built: 1954
General Information
Bedrooms: 3
Bathrooms: 1 Full
Sqft: 608
County: Sarasota
Subdivision: NEWTOWN FARMS
Listed By:
Eduardo Mualim
IRG CORPORATION
786-464-4348
MLS ID: O6402737
Amenities
Other
Other
Property Features
Appliances: Other
Flood Zone Code: X
Flooring: Other
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 0.12
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: None
Showing Instructions: 24 Hour Notice, Call Listing Agent
Special Sale Provisions: None
Utilities: Other
Water: None
Water Access Y/N: No
Zoning: RMF2
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Please Call For Address, Sarasota, FL 34234.
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Estimated Payment
$ 279.51 per month $185.17 Principal & Interest $78.33 Property Tax $16.01 Homeowner's InsuranceChange Payment Information
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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