Listing Details for MLS #A4700072
1300 Loma Linda Court, Sarasota, Fl

Residential Property - Single Family Residence in Sarasota

Listing Price: $799,000 (Mortgage Calculator →)

Description of Property

Rarely available, large lot property with so many end uses. This is an exceptional opportunity in one of Sarasota's most sought-after East of the Trail neighborhoods. Situated on an oversized (.32-acre) homesite in the desirable Loma Linda Park subdivision, this unique property offers immediate livability, investment value, and tremendous redevelopment potential. The property features a renovated approximately 1,290 sq. ft. cottage with three bedrooms and two bathrooms, along with a newer 2020 permitted concrete block building totaling approximately 1,458 sq. ft. The detached structure currently serves as a two-car garage and workshop/studio complete with (2) mini-split air conditioning units, bathroom with shower, and flexible interior space that could potentially be converted into a guest house, artist studio, home office or future two bedroom ADU (subject to applicable approvals). The updated main residence is move-in ready and presents an excellent opportunity as either a comfortable primary residence or an income-producing rental while you plan the future development of the additional structure. The spacious lot also offers ample room to create a custom pool, expansive patio, and exceptional outdoor living area. Surrounded by established homes, newly constructed homes, and mature landscaping, the property is enhanced by a beautiful grand oak tree positioned to the south side of the lot, preserving valuable building flexibility. Located only minutes from Downtown Sarasota, Sarasota Memorial Hospital, Southside Village, Selby Gardens, The Bay Park, Marina Jack, Siesta Key Beach, Lido Key and St. Armands Circle, this property combines an outstanding location with exceptional future possibilities. Whether you're looking to renovate, expand, create a private estate compound, explore future redevelopment opportunities, or rent one or two dwellings long or short term, this oversized parcel offers flexibility rarely found in Sarasota.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $893,421. This single family residence is listed at about 89% of the average asking price. There are 11 3 bedroom/2 bath homes between $600,000 and $900,000 currently listed for sale in this Zip code. See other listings like this one »

Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,290
Garage: Yes2 vehicles
Carport: No
Parking Features: Workshop in Garage