Price Reduction - Fixer Upper
Address
4020 S School AVENUE, SARASOTA, FL
Price
$ 1,235,000
Property Attributes
  • MLS#A4600880
  • TypeCommercial
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota-Gulf Gate Branch
  • NeighborhoodRoselawn
  • Zip34231
  • StyleMixed Use
  • Year Built1956
  • Taxes$ 2547
  • Price$ 1,235,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1496
  • Lot Size0.57 Acres
Data Source:
Stellar MLS
Property Description

Prime Development Opportunity: 3 building lots in prime location. Address: (Owner's residence address) All 3 lots = 150' x 167', 3 cottages are on the property. A fourth cottage was recently lost to a fire, which has been cleared and is ready for construction. Highest and Best Use: Luxury townhomes. Builder and Plans ready and available. See Comparable Development: 4 townhomes, just six lots away at 2058 Roselawn. 6 townhome units (2 townhomes per building) Layout: Each townhome features 4 bedrooms, 3.5 baths, and a 1-car garage. Rental Income: $3,500 per month each. * $21,000 per month * $252,000 per year for all six units. For more details and to explore this exciting development opportunity, call today!

Price History
2/23/2024 Listed $1,300,000
5/15/2024 5% - $1,235,000

General Features

Sewer Public Sewer
Cooling Central Air,Other
Utilities BB/HS Internet Capable,Electricity Available,Public
Roof Metal
Appliances Refrigerator
Zoning RMF1
Construction Materials Block,Wood Frame
Year Built 1956
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Sole Proprietor
County Sarasota
New Construction No
Property Type Commercial Sale
Subdivision Name ROSELAWN
Facing Direction North
Other Structures Other
Status Active
Directions 41 to Roselawn,go south the corner of S School Av,property is on the corner of Roselawn and S School Av
City SARASOTA
Buyer Agent Compensation 3%
MLS Area 34231 - Sarasota/Gulf Gate Branch
Lot Size Square Feet 25050
Waterfront Y/N No
Street Name School
Listing Terms Cash,Conventional
Tax Annual Amount 2547
Property Condition Fixer
Public Remarks Prime Development Opportunity: 3 building lots in prime location. Address: (Owner's residence address) All 3 lots = 150' x 167',3 cottages are on the property. A fourth cottage was recently lo
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4600880
Days on Market 94
Standard Status Active
Tax Lot 30,31,32
Legal Description S 1/2 OF LOTS 30 & 31,ROSELAWN,N 1/2 OF LOTS 30 & 31,ROSELAWN,PB 01 PG 117,LOT 32,ROSELAWN,PB 01 PG 117
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Vinyl
Air Conditioning Y/N Yes
Street Suffix AVENUE
Living Area Units Square Feet

Exterior Features

Lot Features Corner Lot
Water Source Public
Lot Size Area 25050
Foundation Details Block
Number of Buildings 3
Building Area Total 1496
Lot Dimensions 150 x 167
Lot Size Acres 0.57
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 34231

Price
AVG $780K
$1.24M
Taxes
AVG $3,713
$2,547
Visits
AVG 264
211
Data Provided by Inside Real Estate®
Year Built
AVG 1985
1956

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