Land - Real Estate in Sarasota
Listing Price: $695,000 (Mortgage Calculator →)Property Use:
Description of Property
Looking to develop in one of Sarasota's hottest areas? Look no further. This rare 100' x 100' lot offers an exciting redevelopment opportunity in South Sarasota. The oversized parcel may provide the potential to divide into two separate lots, with the possibility of a home and ADU on each — creating a potential four-unit residential rental opportunity, subject to zoning and county approval. The property could also be an excellent opportunity for a duplex development, offering another potential path for an investor or builder looking to maximize the value of the site. The existing property features a 1,084-square-foot, 2-bedroom, 2-bath Florida home, along with a 1.5-car garage, with laundry room that includes full size washer and dryer. The home also includes a beautiful swimming pool. The fully fenced lot offers privacy and plenty of space while providing a unique opportunity to live in or rent the existing home as you plan for future redevelopment. With its desirable South Sarasota location, this property is close to Siesta Key Beach, Gulf Gate, the Legacy Trail, shopping, dining, and everything Sarasota has to offer. Bring your vision and take advantage of the possibilities this oversized lot presents. Opportunities to develop a property of this size and location are becoming increasingly difficult to find.
Garage: No
Carport: No
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Tamiami Park A Resub Of
Annual Tax: $3,079
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Phillippi Shores Elementary
Middle/Junior High School: Brookside Middle
High School: Riverview High
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Oversized Lot
Lot Size (acres): 0.23
Lot Size (sq. ft.): 10,000 square feet
Lot Dimensions: 100 x 100
Current Adjacent Use: Residential
Legal Description & Other Information
Financing Available: FHA
Parcel Number: 0074040054
Zoning: RMF2
Tax Legal Desc.: LOTS 19 & 20 BLK F A RESUB OF TAMIAMI PARK
Section: 5
Range: 18
Listing courtesy of RE/MAX ALLIANCE GROUP. 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.