1625 4th St, Sarasota

$3,600,000

0 Beds
0 Baths
5,786 Sqft
1.4 Acres
0 Garages

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.

Essential Information
MLS® #A4463515
Price$3,600,000
Bathrooms0.00
Square Footage5,786
Acres1.40
Year Built1925
TypeResidential Income
Sub-TypeMulti-Family
StatusActive
Property Taxes$1,154
Total Annual Fees$0
Community Information
Address1625 4th St
AreaSarasota
SubdivisionWalpole Frank A
CitySarasota
CountySarasota County
StateFL
Zip Code34236
Pets AllowedY
Utilities

Cable Connected, Electricity Connected, Public

Interior
HeatingCentral, Electric
CoolingCentral Air
FireplaceYes
Fireplaces

Family Room, Living Room, Wood Burning

Exterior
Exterior FeaturesFenced, Sidewalk
Lot DescriptionOne + to Two Acres
RoofBuilt-Up, Shingle
FoundationCrawlspace, Slab
Exterior

Block, Cement Siding, Stucco, Wood Frame, Wood Siding

Additional Information
Days on Market61
ZoningDTE/DTN
Listing Details
OfficeRon Stahl Realty
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 31st, 2020 at 12:00pm EDT.