Address
1625 4TH STREET Sarasota, FL
Price
$ 3,600,000
Property Attributes
  • MLS#A4463515
  • TypeIncome
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota
  • NeighborhoodWalpole Frank A
  • Zip34236
  • StyleMulti-Family
  • Year Built1925
  • Taxes1153
  • Price$ 3,600,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage5786
  • Lot Size1.4 Acres
Listing Provided Courtesy Of:
RON STAHL REALTY
Property Description

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.

Price History
3/31/2020 Listed $3,600,000

General Features

MLS Area 34236 - Sarasota
Property SubType Multi-Family
Property Type Residential Income
Special Listing Conditions None
Status Active
Subdiv Community Name Walpoles Sub
Subdivision Name WALPOLE FRANK A
Terms Cash, Conventional
Total Num Buildings 6
Total Units 6
Township 36S
Year Built 1925
Zoning DTE/DTN

Interior Features

Cooling Central Air
Fireplace Features Family Room, Living Room, Wood Burning
Fireplace Y/N Yes
Heating Central, Electric
Living Area 5786.00
Unit Count 2
Utilities Cable Connected, Electricity Connected, Public

Exterior Features

Pets Allowed Yes
Construction Materials Block, Cement Siding, Stucco, Wood Frame, Wood Siding
Exterior Features Fenced, Sidewalk
Foundation Details Crawlspace, Slab
Lot Size Acres 1.40
Lot Size Square Feet 60555
Number of Lots 9
Roof Built-Up, Shingle
Sewer Public Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34236

Price
AVG $3.6M
$3.6M
Taxes
AVG $1,153
$1,153
Visits
AVG 782
783
Year Built
AVG 1925
1925

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