3 Car Garage Home Real Estate Professional

Brooke O'Malley
CLUB REALTY
Real Estate Broker
1-941-726-2677

1625 4Th Street
Sarasota, Florida FL 34236-5007
Sold For: $3,325,000
Listing ID: A4463515
Status: Closed
Sold Date: 6/21/2022
SqFt: 5,786 Sq Ft
Acres: 1.400 Acres
Subdivision: Walpole Frank A
Year Built: 1925

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.

Primary Features

County: Sarasota
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Walpole Frank A
Year Built: 1925
Zoning: DTE/DTN

Interior

Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: yes
Fireplace Features: Wood Burning
Heating Type: Central, Electric
Living Area Meters: 537.54
Living Area Source: Public Records
Living Area Units: Square Feet

External

Carport: no
Construction Materials: Block, Cement Siding, Stucco, Wood Frame, Wood Siding
Exterior Features: Fence, Sidewalk
Foundation Details: Crawlspace, Slab
Garage: no
Homestead: no
Lot Size SqFt: 60555
Lot Size Square Meters: 5626
Number Of Units Total: 6
Pool Private: no
Roof: Built-Up, Shingle
Sewer: Public Sewer
Total Acreage: 1 to less than 2
Total Number of Buildings: 6
Unit Count: 2
Utilities: Cable Connected, Electricity Connected, Public
Water Access: no
Water Extras: no
Water Source: Public, Well
Water View: no
Waterfront: no

Location

Association: no
Community Development District: no
Country: US
Flood Zone Code: X
MLS Area Major: 34236 - Sarasota
Number Of Lots: 9
SW Subdivision Community Name: Walpoles Sub
Township: 36S

Financial

Current Price: 3325000.00
Listing Terms: Cash, Conventional
Other Exemptions: yes
Ownership: Fee Simple
Special Listing Conditions: None
Tax Annual Amount: 21739.55
Tax Block: K
Tax Book Number: 1-47
Tax Lot: 1
Tax Year: 2021

Zoning Info


Listed by: Ron Stahl Realty .

Listing information ©My Florida Regional MLS DBA Stellar MLS 2024. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties displayed may be listed or sold by various participants in the MLS. Data last updated on Thursday, March 28th, 2024 at 06:42:14 PM.

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