$3,325,000
$3,600,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
5,786 SqFt
SOLD DATE : 06/21/2022
Key Details
Sold Price $3,325,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,786 sqft
Price per Sqft $574
Subdivision Walpole Frank A
MLS Listing ID A4463515
Sold Date 06/21/22
Construction Status Appraisal,Financing,Other Contract Contingencies
HOA Y/N No
Year Built 1925
Annual Tax Amount $21,739
Lot Size 1.400 Acres
Acres 1.4
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.
Location
State FL
County Sarasota
Community Walpole Frank A
Zoning DTE/DTN
Interior
Heating Central, Electric
Cooling Central Air
Fireplaces Type Wood Burning
Fireplace true
Exterior
Exterior Feature Fence, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Public
Waterfront false
Roof Type Built-Up, Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace, Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public, Well
Structure Type Block, Cement Siding, Stucco, Wood Frame, Wood Siding
New Construction false
Construction Status Appraisal,Financing,Other Contract Contingencies
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with RON STAHL REALTY
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