1667 LAUREL STREET
Sarasota, FL 34236
4000 sqft | 5 beds | 5 baths | 0.25 acres | #A4631217
Description
Motivated seller, great income-producing property and development opportunity Here's a rare chance to be creative with one of the most prime pieces of land in Laurel Park. The front faces Laurel Street and the back of the property faces Dolphin Lane. A developer's dream right in the heart of downtown! This sort of opportunity rarely is available. It's a double-lot--10,725 square feet--where you can build two single-family houses with attached dwelling units. You can also generate $9,000 in monthly rental income while you design your dream home—or homes--on this unique property. (There are four rental units currently renting month to month.) For perspective, there are $4-$5M neighboring homes under construction. Seller is willing to close fast. Cash preferred.
Property Details
- InteriorCeiling Fans(s), Crown Molding, Pest Guard System, Primary Bedroom Main Floor
- Utility FeaturesCable Connected, Electricity Connected, Fire Hydrant
- Lot DescriptionCity Limits, Oversized Lot, Street One Way
- Property SubtypeSingle Family Residence
- Sewer InformationPublic Sewer
- SubdivisionBURNS REALTY
- FoundationCrawlspace
- Original List Price$1,975,000
- Property TypePurchase
- CountySarasota
- MLS #A4631217
- MLS #A4631217
- Taxes Annual$12,692
- Cost1975000
- Exterior MaterialsGarden
- ViewCity
- Acres0.25
- Square Feet4000
- Year Built1922
- Pets AllowedYes
- Days on Market (Cumulative)13
- Bedrooms5
- Bathrooms5
- Full Baths5
- Stories1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Lakeland Florida Real Estate
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Ray Collins (#MFR281532802)
Listing Office: COLDWELL BANKER REALTY (#MFR281502380)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.