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1625 4TH ST Sarasota, FL 34236
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Key Details
Sold Price $3,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,786 sqft
Price per Sqft $574
Subdivision Walpole Frank A
MLS Listing ID A4463515
Year Built 1925
Annual Tax Amount $21,739
Lot Size 1.400 Acres
Property 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. CALL
FOR A VIEWING. EXCELLENT LOCATION AND THE 6 HOMES ARE IN EXCELLENT CONDITION AND CAN BE LEASED UNTIL YOUR BUILDING PLANS ARE APPROVED.
Location
State FL
County Sarasota
Community Walpole Frank A
Zoning DTE/DTN
Interior
Heating Central, Electric
Cooling Central Air
Fireplaces Type Wood Burning
Exterior
Exterior Feature Fence, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Public
Roof Type Built-Up, Shingle
Building
Foundation Crawlspace, Slab
Sewer Public Sewer
Water Public, Well
Structure Type Block, Cement Siding, Stucco, Wood Frame, Wood Siding
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with RON STAHL REALTY
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