Residential Property - Single Family Residence in Sarasota
Listing Price: $59,900 (Mortgage Calculator →)
Description of Property
Investor Opportunity in Sarasota! 2-bed / 1-bath residential property situated on a 5,189 sq ft lot in the Newtown Farms area. This value-add asset includes two structures — the main block home (~692 sq ft, 2 beds/1 bath with enclosed carport) and a secondary converted utility building currently used as a 1 bed/1 bath unit — offering multiple income or redevelopment scenarios. The main structure’s roof was damaged in recent hurricanes and needs repair. Strong upside for developers or investors — ideal for a fix-and-hold cash flow play, flip project, or tear down and rebuild new in a core Sarasota market. Property zoned RMF2. Sold “as-is.”
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Sarasota
County: Sarasota
Subdivision: Newtown Farms
Bedrooms: 2
Bathrooms: 1
Sq. Ft. Gross: 692
Sq. Ft. Living Area: 608
Cost per (heated) sqare foot: $99
Year built: 1954
Annual Tax: $940
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Other
Flooring: Other
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Stucco
Foundation: Other
Roof: Other
Exterior Features: Other
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.12
Lot Size (sq. ft.): 5,189 square feet
Lot Dimensions: 52 x 100
Front Exposure: East
Legal Description & Other Information
Parcel Number: 0028050037
Zoning: RMF2
Tax Legal Desc.: BEG AT SW COR OF SIPLINS ADDN WHICH IS 40 FT ELY FROM E LINE OF ACL ROW RUN E ALONG N LINE OF LOT 11 NEWTOWN FARMS 200 FT FOR POB TH CONT ON SAME LINE 100 FT TH ANGLE OF 90 DEG TO RIGHT 50 FT TH
Section: 8
Range: 18E
Listing courtesy of IRG CORPORATION. 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.