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$1,100,000
Est. payment /mo
2 Acres Lot
UPDATED:
01/17/2025 10:02 AM
Key Details
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID A4636342
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $6,427
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 541x257
Property Description
Multiple possibilities exist for development on this parcel with approximately 2.14 Acres in ideal location, with close proximity to downtown Sarasota, International Airport, and UTC Mall. The property has two existing single, family homes on the site that has the potential to produce over $4000 a month in combined gross rental income. One of the homes boarders on Lockwood Ridge Road with the 2nd home adjacent to the front home, on a side road known as 42nd Street. Past the two homes is a large open space inclusive of the existing homes which boarders the back of Fire Department. This large, open (private) space is wooded with recent flood maps showing a good report for the site. Overall the entire parcel has many options. Such possibilities could be to keep the property as it currently exists, to be used as one large private homesite or divide the property for multiple residences.
Location
State FL
County Sarasota
Zoning RSF2
Exterior
Utilities Available BB/HS Internet Available, Electricity Available, Public, Sewer Connected, Water Connected
Building
Lot Description Buildable, Curb and Gutters, In County
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Schools
Elementary Schools Gocio Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by REALTY ONE GROUP SUNSHINE