Residential Property - Single Family Residence in Sarasota
Listing Price: $115,000 (Mortgage Calculator →)
Description of Property
INVESTOR SPECIAL – PRIME SARASOTA REDEVELOPMENT OPPORTUNITY! Located in the rapidly developing Newtown area of Sarasota, this property presents an outstanding opportunity for investors, builders, flippers, or end-users looking to create substantial upside. Sitting on a 5,750 SF RSF4-zoned lot, the existing structure offers the option for a full renovation or complete redevelopment into a stunning new construction family home. The current home requires extensive rehabilitation, making this an ideal project for experienced investors seeking strong value-add potential. New construction and renovated homes continue to transform the surrounding area, creating strong long-term appreciation potential. Property features public water and sewer connections and is conveniently located near downtown Sarasota, UTC, schools, shopping, restaurants, and Gulf Coast beaches. Cash Only, title and lien search complete, violation for disrepair quick close required. Reach out with any questions.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Newtown 1st Add To
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,480
Sq. Ft. Living Area: 1,480
Cost per (heated) sqare foot: $78
Year built: 1964
Annual Tax: $1,719
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: None
Flooring: Other
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Concrete
Foundation: Slab
Roof: Shingle
Exterior Features: Other
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: None
Heating & Fuel: None
Sewer: Other
Water Source: See Remarks
Lot Information
Lot Size (acres): 0.13
Lot Size (sq. ft.): 5,750 square feet
Lot Dimensions: 50 x 115
Front Exposure: South
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 2024020070
Zoning: RSF4
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 16 & 1/2 VACATED ALLEY ADJ THERETO IN OR 820-71 BLK 11 FIRST ADD TO NEWTOWN
Section: 18
Range: 18E
Listing courtesy of BLUE LIGHTHOUSE REALTY INC. 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.