$3,600,000

1625 4th Street

SARASOTA FL, 34236

Description

UNIQUE PARCEL DOWNTOWN BUSINESS DISTRICT -------- PROPERTY IS TOTALLY WIRE FENCED (8') CONTAINS 6 OLDER WELL MAINTAINED HOMES PLUS 3 BUILDING LOTS. THERE ARE 2 REMOTE ENTRY GATES FOR VEHICLES AND 4 OTHER ENTRY POINTS. THE WESTERLY 3 LOTS ARE ZONED DTE (DOWNTOWN EDGE) ALLOWING 13 UNITS TO BE BUILT -- MAXIMUM 5 STORIES WITH RETAIL ON THE GROUND LEVEL. THE EASTERLY 6 LOTS ARE ZONED DTN (DOWNTOWN NEIGHBORHOOD) ALLOWING FOR 10 UNITS.TOTAL PROPERTY IS 1.4+/- ACRES AND ZONED FOR 23 UNITS. SITE IS WELL MAINTAINED WITH LANDSCAPING, PAVING, WELL AND ADEQUATE LIGHTING. THE PROPERTY OFFERS "OPPORTUNITY ZONING" AND WAS APPRAISED FOR OVER $4,600,000. CALLFOR A VIEWING. EXCELLENT LOCATION AND THE 6 HOMES ARE IN EXCELLENT CONDITION AND CAN BE LEASED UNTIL YOUR BUILDING PLANS ARE APPROVED.

Details

MLS#A4463515
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site252

Features

SQ Feet5,786
Units6
Golf CourseN
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Area Information
StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 - Sarasota
Listing VS Median (in 34236)
Price:
$3,600,000
low | high
Med:
$639,500
100% of Average
SqFt:
5,786
low | high
Med:
1,421
100% of Average
$ / SqFt:
$622
low | high
Med:
$450
77.669344749394% of Average
On Site:
252
low | high
Med:
24
100% of Average
Listing Updated: February 24, 2021 2:54:39 AM PST
Ronald Stahl LogoMLS Number: A4463515
Listing Provided By:
Ronald Stahl  of  RON STAHL REALTY

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