Description of Property
Motivated seller, great income-producing property and development opportunity Here's a rare chance to be creative with one of the most prime pieces of land in Laurel Park. The front faces Laurel Street and the back of the property faces Dolphin Lane. A developer's dream right in the heart of downtown! This sort of opportunity rarely is available. It's a double-lot--10,725 square feet--where you can build two single-family houses with attached dwelling units. You can also generate $9,000 in monthly rental income while you design your dream home—or homes--on this unique property. (There are four rental units currently renting month to month.) For perspective, there are $4-$5M neighboring homes under construction. Seller is willing to close fast. Cash preferred.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Burns Realty
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Interior Features:
- Ceiling Fan(s)
- Crown Molding
- Pest Guard System
- Primary Bedroom Main Floor
Appliances:
- Cooktop
- Disposal
- Dryer
- Freezer
- Microwave
- Range
- Refrigerator
- Washer
Accessibility Features:
Window Features:
Additional Rooms: Garage Apartment
Ceiling Type:
Flooring: Hardwood
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Wood Frame
Foundation: Crawlspace
Roof: Metal
Exterior Features: Garden
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central, Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures: Guest House
View: City
Fencing:
Utilities:
- Cable Connected
- Electricity Connected
- Fire Hydrant
Sewer: Public Sewer
Water Source: None
Community Features:
Association Amenities:
Lot Information
Lot Features:
- City Lot
- Oversized Lot
- Street One Way
Lot Dimensions: 56 x 193
Road Frontage: Street One Way
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 2027100065
Zoning: RSM9
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 11 SUB OF LOTS 5 & 6 BLK G A/K/A BURNS REALTY CO RESUB OF LOTS 1 THRU 8 INCL BLK G PLAT OF SARASOTA OR 1453/250
Section: 19
Range: 18E
Listing courtesy of COLDWELL BANKER REALTY. 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.