$695,000

3928 S East Avenue Sarasota, FL 34231 Land - Residential Active

  • 3928 S East Avenue , Sarasota, FL 34231 Main Photo

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Description

Looking to develop in one of Sarasota's hottest areas? Look no further.This rare 100' x 100' lot offers an exciting redevelopment opportunity in South Sarasota. The oversized parcel may provide the potential to divide into two separate lots, with the possibility of a home and ADU on each - creating a potential four-unit residential rental opportunity, subject to zoning and county approval.The property could also be an excellent opportunity for a duplex development, offering another potential path for an investor or builder looking to maximize the value of the site.The existing property features a 1,084-square-foot, 2-bedroom, 2-bath Florida home, along with a 1.5-car garage, with laundry room that includes full size washer and dryer. The home also includes a beautiful swimming pool. The fully fenced lot offers privacy and plenty of space while providing a unique opportunity to live in or rent the existing home as you plan for future redevelopment.With its desirable South Sarasota location, this property is close to Siesta Key Beach, Gulf Gate, the Legacy Trail, shopping, dining, and everything Sarasota has to offer.Bring your vision and take advantage of the possibilities this oversized lot presents. Opportunities to develop a property of this size and location are becoming increasingly difficult to find.

Property Highlights

Property Type: Land - Residential
Lot Size: 0.23 Acres
Taxes: $3,079

General Information

County: Sarasota
High School: Riverview High
Subdivision: TAMIAMI PARK A RESUB OF
Listed By:
Lily Behrends RE/MAX ALLIANCE GROUP 941-360-7777

Property Features

Days on Site: 1
Directions: US 41 make a left on Bee Ridge make a right on S East to 3928 S East Sarasota. This is in Sarasota County not Sarasota City.
Fencing: Boundary Fencing
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Lot: In County, Oversized Lot
Lot Dimensions: 0.23
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 100
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Water: Public
Water Access Y/N: No
Zoning: RMF2
$695,000
New to the Market Active
LOT SIZE 0.230 acres MLS#A4705536
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONTAMIAMI PARK A RESUB OF

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3928 S East Avenue , Sarasota, FL 34231.

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Estimated Payment

$ 2,803.41 per month $2,344.12 Principal & Interest $256.58 Property Tax $202.71 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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