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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Loma Linda Park
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,290
Sq. Ft. Living Area: 1,191
Cost per (heated) sqare foot: $671
Year built: 1952
Annual Tax: $8,696
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Additional Rooms: Storage Rooms
Flooring: Other
Green Features
Green Landscaping: Fl. Friendly/Native Landscape
Schools
Elementary School: Alta Vista Elementary
Middle/Junior High School: Brookside Middle
High School: Sarasota High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Other
Construction: Wood Frame
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Workshop in Garage
Floors in Unit: One
Cooling: Mini-Split Unit(s)
Heating & Fuel: Central
Patio & Porch Features: Screened
Other Structures: Workshop
View: Trees/Woods
Fencing: Wood
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.32
Lot Size (sq. ft.): 13,788 square feet
Road Frontage: Street Paved
Front Exposure: Southwest
Legal Description & Other Information
Parcel Number: 2035030013
Zoning: RSF4
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOT 17 LOMA LINDA PARK
Section: 29
Range: 18
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL 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.