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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size 1134 sqft
Garage No
Taxes $1,738
Days Active 36
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $175
MLS® Number A4659472

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Calling all SAVVY INVESTORS. The home boasts a NEW ROOF in 2014, and NEW HVAC in 2023 but the PROPERTY is where the real value lies…at almost a QUARTER ACRE in the COVETED CENTRAL COCOANUT NEIGHBORHOOD (a historic district known for its charming, vintage homes and vibrant community atmosphere) there’s plenty of room for a 650sf ADU/RENTAL/GRANNY FLAT and being zoned RMF2 (Residential, Multi-Family) a duplex MAY even be possible. Opportunity is knocking…literally. Located in ‘OPPORTUNITY ZONE 2, ’ where investors can take advantage of PREFERENTIAL TAX TREATMENT and SPECIAL COMMUNITY LENDING—see Revenue Codes 1400Z-1 & 1400Z-2 and the City of Sarasota website for details. This 3 bedroom 1 bath home can be a real money maker. The ‘how’ is up to you. Option 1) A RENTAL—as it was for the last 6+ years (as recently as April 2025), it’s a CASH COW. Sarasota Housing Authority Section 8 pays up to $2266/month for 3-bedroom homes in this zip code. Option 2) A REHAB PROJECT—a little TLC would go a long way while still qualifying as ‘AFFORDABLE HOUSING’ on the back end, even with a tidy profit built in. Option 3) BUILD NEW—be one of the many brand-new homes popping up in the area, then sell it or rent it out and reap the rewards for years to come. Best of all, this property offers LOW TAXES, is NOT IN A FLOOD ZONE, is located in evacuation zone D, and sustained NO FLOOD OR STORM DAMAGE. If you’re looking for a GREAT DEAL on a GREAT HOUSE, then this is the one! HURRY over & get ready to MAKE AN OFFER before it’s gone. This MOTIVATED SELLER is READY to close.Show Description
MLS® NumberA4659472
Laundry LevelInside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.22
ExteriorSidewalk
GarageNo
Approx. Age1960
Basement
DrivewayBoat, Off Street, RV Access/Parking
Garage Spaces
HeatCentral, Electric, Heat Pump
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Laundry:First7 × 5 ft
Kitchen:First19 × 10 ft
Living Room:First14 × 11 ft
Other:First15 × 10 ft
Bathroom 1:First9 × 6 ft
Bedroom 3:First13 × 10 ft
Bedroom 2:First16 × 9 ft
Other:First20 × 12 ft

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