Land - Residential Real Estate in Sarasota
Listing Price: $2,310,000Property Use: Residential
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. is rented for $1000 per month.
Property Details At A Glance
Property Type: Land
Property Use or Sub Type: Residential
Subdivision: Newtown Farms / Newtown Farms
Annual Tax: $5,603
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Water Access: No
Exterior & Construction
- BB/HS Internet Capable
- Cable Available
- Electricity Available
- Sewer Connected
Sewer: Public Sewer
Water Source: None
Flood Zone Code: X
Acreage Description: 5 to less than 10
Lot Size (acres): 5.42
Lot Size (sq. ft.): 236,144 square feet
Lot Dimensions: 281 x 1082
Front Footage: 218
Additional Parcels: Yes
Additional Parcels Description: 0028050001,0028050002,0028050002,0028050004,0028050008,0028040004,0028040005,0028040007,0028040008,0028040009,0028040006,0028050003,0028050005,0028050006,0028050007
Legal Description & Other Information
Financing Available: Cash
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.
Parcel Number: 00228040001
Listing courtesy of RE/MAX ALLIANCE GROUP. The information relating to real estate for sale on this website comes in part from the Mid-Florida Regional 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.