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
Price:
$1,949,000
MLS #:
A4631217
Status:
Active
Beds:
5
Baths:
5
Address:
1667 LAUREL STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BURNS REALTY
Neighborhood:
34236 – Sarasota
City:
SARASOTA
Listed Date:
Dec 5, 2024
State:
FL
Finished Sq Ft:
4,000
Total Sq Ft:
4,000
ZIP:
34236
Lot Size:
10,725 sqft / 0.25 acres (approx)
Year Built:
1922
Schools
Interior
Appliances
Cooktop, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Central, Electric
Laundry Features
Laundry Room
Exterior
Construction Materials
Wood Frame
Exterior Features
Garden
Other Structures
Guest House
Roof
Metal
Financial
Tax Year
2023
Taxes
$12,692
Map
Community
- Address1667 LAUREL STREET SARASOTA FL
- SubdivisionBURNS REALTY
- CitySARASOTA
- CountySarasota
- Zip Code34236
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1667 LAUREL STREET
SARASOTA, FL
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