Land - Real Estate in Sarasota
SOLD for $1,400,010 on May 7, 2021
Listing Price: $1,400,000Sold Price: $1,400,010Sold Price/List Price: 100%
Sold Price/Original List Price: 60.61%
Description of Property
The property has a 15 parcels for a total of 5.42 acres ( see Exhibits A and B for all legal descriptions), located at the corner of Myrtle St. and East Lane. It is an irregularly shaped parcel. Zoning is RMF-3 (Residential, Multi-Family 13 units per acre). The property is approved for a 70 unit apartment complex (see photos for survey, site plan and conceptual drawings), with building height up to 3 stories (35') A 6' high wall with stucco and landscaping shall be placed along the eastern property line; all parking shall be on the western side of the property. Taxes reflect all 15 parcels. Small house at 3600 Myrtle St. could rented for $1500 per month. House address is 3600 N. East Ave and interior parcel was 2146 Myrtle Ave. Lot has Mango street sign at curb cut out.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Newtown Farms
Annual Tax: $273
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Accessibility Features:
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Schools
Elementary School: Emma E. Booker Elementary
Middle/Junior High School: Booker Middle
High School: Booker High
Waterfront Info
Pool Features:
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Water Access: Not specified
Water Access Type:
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Exterior & Construction
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Roof:
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Parking Features:
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View:
Fencing: Boundary Fencing
Utilities:
- BB/HS Internet Capable
- Cable Available
- Electricity Available
- Public
- Sewer Connected
Sewer: Public Sewer
Water Source: None, Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Buildable, Corner Lot
Lot Size (acres): 5.42
Lot Size (sq. ft.): 236,144 square feet
Lot Dimensions: 281 x 1082
Road Frontage: County Road, Main Thoroughfare, Private Road, Turn Lanes
Front Exposure: North
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 00228040001
Zoning: RMF3
Tax Legal Desc.: N 435 FT OF LOT 14 LESS R/W FOR MYRTLE ST IN ORI 2001116912 NEWTOWN FARMS CONTAINING 1.86 C-AC M/L; complete legal description for all 15 parcels can be found as an attachment.
Listing courtesy of THE RAY WILLIAMS GROUP LLC. 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.