Listing by: Dave Brown, EXP REALTY LLC, 941-320-7436

0 Beds

n/a Full bath

1,496 SqFt

Active

Prime Development Opportunity: 3 Spacious Lots in Ideal Location Address: (Owner's residence address) Lot Size: Three lots totaling 150' x 167', perfect for new developments. Existing Structures: Three charming cottages are on the property. A fourth cottage was recently lost to a fire. The front lot has been cleared and is ready for construction. Highest and Best Use: Luxury townhomes. Builder and Plans Available: Builder is ready to begin, with plans. See Comparable Development: 4 townhomes just six lots away at 2058 Roselawn. 6 townhome units (2 townhomes per building) Layout: Each townhome features 4 bedrooms, 3.5 baths, and a 1-car garage. Rental Income: $3,500 per month each. * $21,000 per month * $252,000 per year for all six units. For more details and to explore this exciting development opportunity, call us today!

Property Details
Price $1,235,000
Lot Size 150 x 167
Lot Size Area 25050
Lot Size Area Units Square Feet
Acres 0.57
Property Type Commercial
Sub type MixedUse
MLS Sub type Mixed Use
Year Built 1956
Subdivision ROSELAWN
Roof Metal
Foundation Block
Lot Description Corner Lot
Geographic Data
Directions 41 to Roselawn, go south the corner of S School Av , property is on the corner of Roselawn and S School Av
County Sarasota
Latitude 27.296025
Longitude -82.526641
Market Area 34231 - Sarasota/Gulf Gate Branch
Address Information
Address 4020 S School AVENUE, SARASOTA, FL 34231
Postal Code 34231
City SARASOTA
State FL
Country United States
Listing Information
Listing Office EXP REALTY LLC
Listing Office Phone 888-883-8509
Listing Agent Dave Brown
Listing Agent Phone 941-320-7436
Buyer Agency Compensation 3%
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Ownership Sole Proprietor
Terms Cash, Conventional
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/A4600880
MLS® Information
Days on market 83
MLS® Status Active
Listing Date Feb 23, 2024
Listing Last Modified May 16, 2024
Tax ID 0074050027
Tax Year 2023
Tax Annual Amount 2547
MLS® Area 34231 - Sarasota/Gulf Gate Branch
MLS® # A4600880

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This information is believed to be accurate, but without any warranty.