Land - Real Estate in Sarasota
Listing Price: $1,100,000 (Mortgage Calculator →)Property Use:
Cumulative Days on Market: 966
Description of Property
Multiple possibilities exist for development on this parcel with approximately 2.14 Acres in ideal location, with close proximity to downtown Sarasota, International Airport, and UTC Mall. The property has two existing single, family homes on the site that has the potential to produce over $4000 a month in combined gross rental income. One of the homes boarders on Lockwood Ridge Road with the 2nd home adjacent to the front home, on a side road known as 42nd Street. Past the two homes is a large open space inclusive of the existing homes which boarders the back of Fire Department. This large, open (private) space is wooded with recent flood maps showing a good report for the site. Overall the entire parcel has many options. Such possibilities could be to keep the property as it currently exists, to be used as one large private homesite or divide the property for multiple residences.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Annual Tax: $6,428
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Gocio Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: In County
Lot Size (acres): 2
Lot Size (sq. ft.): 87,120 square feet
Lot Dimensions: 541 x 257
Road Frontage: County Road
Front Exposure: West
Current Adjacent Use: Residential
Legal Description & Other Information
Parcel Number: 0029100001
Zoning: RSF2
Tax Legal Desc.: BEG NW COR OF SW 1/4 OF NE 1/4 SEC 9 TH E 294 FT TH S 100 FT TH E 300 FT TH S 149 FT TH W 419 FT TH N 120 FT TH W 175 FT TH N 129 FT TO POB LESS W 50 FT FOR RD R/W
Section: 9
Range: 18E
Listing courtesy of REALTY ONE GROUP MVP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.