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

Construction Materials Block, Cement Siding, Stucco, Wood Frame, Wood Siding
Cooling Central Air
Exterior Features Fenced, Sidewalk
Heating Central, Electric
MLS Area 34236 - Sarasota
Pets Allowed Yes
Property SubType Multi-Family
Property Type Residential Income
Roof Built-Up, Shingle
Sewer Public Sewer
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
Utilities Cable Connected, Electricity Connected, Public
Year Built 1925
Zoning DTE/DTN

Interior Features

Fireplace Features Family Room, Living Room, Wood Burning
Fireplace Y/N Yes
Living Area 5786.00
Unit Count 2

Exterior Features

Foundation Details Crawlspace, Slab
Lot Size Acres 1.40
Lot Size Square Feet 60555
Number of Lots 9

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 $1.59M
$3.6M
Taxes
AVG $6,028
$1,153
Visits
AVG 522
1747
Year Built
AVG 1949
1925
Walkscore
AVG 71
91
Data Provided by Walkscore ® not using MLS data

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