$1,200,000
$1,200,000
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1,122 SqFt
SOLD DATE : 04/18/2022
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,122 sqft
Price per Sqft $1,069
Subdivision Pine View Terrace
MLS Listing ID A4527956
Sold Date 04/18/22
Construction Status Inspections
HOA Y/N No
Year Built 1952
Annual Tax Amount $2,118
Lot Size 1.250 Acres
Acres 1.25
Lot Dimensions 120x110
Property Description
Attention builders and investors! Incredible Sarasota opportunity for five separately deeded lots centrally located off Bee Ridge. These five homes are the only homes on the street and you can take advantage of the neighboring full fence line running along the west and north side of Twilight Place. These five homes have been used as rental properties, with three of the five homes currently rented. Each home could be remodeled with the opportunity for rental increases. An even bigger opportunity would be to reimagine these consecutive parcels into a new development of homes to accommodate the popularity of the area and new residents. This is a fantastic land opportunity that on the county property appraiser map could be divided into a future build of eight lots. These properties could also become a multi-generational family compound or an estate with room for a guest house, pool and land for cars, RV’s and boats. The street is yours to imagine. This area is in high demand with easy access to downtown Sarasota with dining, shopping and entertainment. Twilight Place is two blocks away from Legacy Trail, a popular ten-mile trail for cyclists, runners, and walkers. Grab your umbrella and head to Siesta Key, the #1 beach in America only 2.5 miles away. All five parcels being sold as one package with MLS #s: A4524134, A4524156, A4524166, A4524169, A4524239.
Location
State FL
County Sarasota
Community Pine View Terrace
Zoning RSF3
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected, Sewer Connected
Roof Type Shingle
Garage false
Private Pool Yes
Building
Foundation Crawlspace, Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding, Wood Siding
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with COLDWELL BANKER REALTY
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