Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Single Family |
| Bedrooms: | 2 BR |
| Bathrooms: | 1½ |
| Pets: | Pets Allowed |
| Area: | 1024 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$535,000
Annual Taxes:$1,220
Listing Courtesy of HOMECOIN.COM
PRIME ARLINGTON PARK REDEVELOPMENT OPPORTUNITY LOCATION, LOCATION, LOCATION !
Description
PRIME ARLINGTON PARK REDEVELOPMENT OPPORTUNITY — LOCATION, LOCATION, LOCATION! Rare opportunity to acquire an oversized 8,580 sq. ft. lot in Sarasota’s highly desirable Arlington Park neighborhood! This property offers outstanding potential for builders, developers, and seeking a premium location for new construction. The existing Florida bungalow provides potential rental income while you plan your next project. Envision a stunning custom residence of 3,000+ square feet with a private pool and spacious backyard, subject to applicable zoning, setbacks, and permitting requirements.The property offers the potential for rental income through March, 2027 with the possibility of extending the tenancy by mutual agreement. An attractive opportunity to generate income to help cover carrying costs while evaluating redevelopment plans and pursuing permits. The real opportunity is the LAND, the LOCATION, and the POTENTIAL! Arlington Park is a sought-after Sarasota neighborhood with convenient access to downtown Sarasota, shopping, dining, parks, and area beaches. Whether you’re a builder looking for your next project seeking a well-located Sarasota property, don’t miss this opportunity to secure a substantial lot in an established and desirable neighborhood. Property sold AS-IS. The value is in the land! Bring your vision. Unlock the potential. Make Arlington Park your next investment!
Amenities
- Blinds
- City Limits
- Cooktop
- Dishwasher
- Dryer
- Hurricane Shutters
- Level
- Other
- Outdoor Grill
- Park
- Paved
- Playground
- Pool
- Public
- Rain Gutters
- Refrigerator
- Tennis Court(s)
- Washer
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.