Residential Property - Single Family Residence in Sarasota
Listing Price: $355,000 (Mortgage Calculator →)
Description of Property
Positioned along a quiet loop in the heart of Arlington Park, this property presents a rare opportunity for redevelopment in one of Sarasota’s most active and desirable in-town neighborhoods. With no through traffic, Prospect Street offers a more private, residential feel, while still surrounded by a growing mix of new construction and high-end renovations that continue to elevate the area. The existing structure is best suited for removal, allowing for a fresh start and the ability to design a custom home that takes full advantage of the setting. For those with a longer-term approach, the home may also offer the option to renovate and generate interim rental income while plans for future redevelopment take shape. Whether you are a builder seeking your next project or an end user ready to bring a vision to life, this is the kind of opportunity that rarely stays available for long. Buyers are drawn to this area for its unmatched convenience, with easy access to downtown Sarasota, Sarasota Memorial Hospital, Southside Village, and the region’s top dining and cultural destinations, all just minutes away. The nearby Arlington Park and Aquatic Complex adds to the appeal, offering green space, walking trails, and recreational amenities. At the same time, the beaches of Siesta Key are just a short drive away. With no HOA and city rental regulations allowing for short-term leasing, the property also offers flexibility for income-producing use without added restrictions. Secure your place in one of Sarasota’s most dynamic areas and build something that reflects the full potential of this location.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Loma Linda Park
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 1,470
Sq. Ft. Living Area: 846
Cost per (heated) sqare foot: $420
Year built: 1952
Annual Tax: $3,003
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Living Room
Window Features: Blinds
Flooring: Ceramic Tile
Schools
Elementary School: Alta Vista Elementary
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Wood Frame
Foundation: Slab
Roof: Metal
Exterior Features: Rain Gutters
Garage: Yes
Garage Spaces: 1
Carport: Yes
Carport Spaces: 1
Parking Features: On Street
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Rear Porch
Other Structures: Shed(s)
Fencing: Wood
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.16
Lot Size (sq. ft.): 7,136 square feet
Lot Dimensions: 50 x 107
Front Exposure: North
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 2035030004
Zoning: RSF4
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 26 LOMA LINDA PARK
Section: 29
Range: 18E
Listing courtesy of KW COASTAL LIVING III. 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.