Sarasota, FL 34236,1245 4TH ST
Sarasota, FL 34236,1245 4TH ST
Sarasota, FL 34236,1245 4TH ST
Sarasota, FL 34236,1245 4TH ST
Sarasota, FL 34236,1245 4TH ST
Sarasota, FL 34236,1245 4TH ST
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$800,000

$850,000

5.9%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 12/22/2020

Key Details

Sold Price $800,000

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

Subdivision Plat Of Sarasota Exhibit

MLS Listing ID A4469912

Sold Date 12/22/20

HOA Y/N No

Annual Tax Amount $5,058

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x105

Property Description

Stock market got you worried? CDs and bonds got you down? Then put your money to work in Sarasota Florida. This is an opportunity you don't want to miss - become a part of the booming downtown Sarasota. This property is steps to the magnificent Bayfront, and it's planned $300 million 53 acre park. Walking distance to theaters, restaurants, shopping, marina and so much more. Numerous residential and commercial projects are under construction. Major road improvements along US 41 Tamiami Tr. are near completion. Property is zoned DTC, which permits 10 stories, up to 6 residential units with first floor commercial, hotel, office and more. Although the value is in the land, there are currently two occupied residential rental units on the property (please do not disturb the tenants). Owner has adjacent property available with residential rental units. Combine the two properties and build 12 units over commercial or hold as an investment.

Location

State FL

County Sarasota

Community Plat Of Sarasota Exhibit

Zoning DTC

Exterior

Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Natural Gas Available, Phone Available, Sewer Available, Street Lights, Water Available

Waterfront false

Building

Lot Description Buildable

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water None

Others

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by PARTNERS REALTY OF SARASOTA
Bought with PARTNERS REALTY OF SARASOTA

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Patricia Lugo

Broker Associate | License ID: 3036559

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