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  • Price$3,600,000
  • Sq. Ft.5,786
  • Acres1.40
  • Built1925

1625 4th St, Sarasota

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.

Essential Information

  • MLS® #A4463515
  • Price$3,600,000
  • Bathrooms0.00
  • Square Footage5,786
  • Acres1.40
  • Year Built1925
  • TypeResidential Income
  • Sub-TypeMulti-Family
  • StatusActive

Amenities

  • UtilitiesCable Connected, Electricity Connected, Public

Exterior

  • ExteriorBlock, Cement Siding, Stucco, Wood Frame, Wood Siding
  • Exterior FeaturesFenced, Sidewalk
  • Lot DescriptionOne + to Two Acres
  • RoofBuilt-Up, Shingle
  • FoundationCrawlspace, Slab

Listing Details

  • Listing Office:Ron Stahl Realty

Community Information

  • Address1625 4th St
  • AreaSarasota
  • SubdivisionWalpole Frank A
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34236

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air
  • FireplaceYes
  • FireplacesFamily Room, Living Room, Wood Burning

Additional Information

  • Days on Market66
  • ZoningDTE/DTN
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Listing information courtesy of Ron Stahl Realty.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on June 5th, 2020 at 12:30pm EDT.