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Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1947
Sq.Footage
1,921
Discover a rare multifamily investment opportunity on the near north side of Sarasota, located in the heart of the highly sought-after Central Cocoanut Historic District. This unique offering includes two adjacent parcels, providing exceptional flexibility for investors, developers or someone interested in a large single-family home with room to expand. One parcel features a solid masonry three-bedroom, two-bathroom home complete with an in-law suite created from a garage conversion. The home is a split plan and two of the bedrooms are “en-suite”. All three bedrooms have exterior access. The kitchen is bright and updated and opens to the shared lanai and utility room. In addition to the “in law” suite there is an attached studio, offering creative or rental potential. The neighboring parcel is a vacant lot, also zoned for multifamily use—giving you the freedom to design and build to suit your vision. Together, the properties allow for up to five total units, making this an ideal opportunity to expand your rental portfolio or develop a custom income-producing property in a prime location. Situated in a vibrant, walkable neighborhood with bike lanes, you’ll enjoy easy access to downtown Sarasota, along with its renowned dining, shopping, arts, and cultural amenities. The Ringling College of Art and design is just a few blocks away and the adjacent North Trail Corridor is experiencing some of Sarasota’s most dynamic development. A short 10-minute drive over the Ringling bridge lands you in St. Armands Circle and the beaches of Lido and Longboat Key.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Walk-In Closet(s)
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Rain Gutters, Storage
-
Parking
Boat, Driveway, Parking Pad, RV Access/Parking
-
Patio and Porch Features
Covered, Front Porch, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level, Near Public Transit, Paved
-
Lot Size(acres)
0.16
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$745,000
-
Tax Amount
$5,773.82
-
Sq. Footage
1, 921
-
Price/SqFt
$387
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Foundation Details
Block
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
5, 6
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Middle School
High School
Listing Courtesy of David Jennings , COLDWELL BANKER REALTY
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
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