$159,000
$185,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
2,255 SqFt
SOLD DATE : 04/23/2019
Key Details
Sold Price $159,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $70
Subdivision Newtown Highlands
MLS Listing ID A4415601
Sold Date 04/23/19
Construction Status No Contingency
HOA Y/N No
Year Built 1952
Annual Tax Amount $1,561
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 150x109
Property Description
THIS PROPERTY STARTS WITH A CONVENIENT LOCATION! IT CONSISTS OF A SINGLE STRUCTURE ON 3 GORGEOUS CITY LOTS and MULTIPLE OPTIONS FOR OWNERSHIP USE! CURRENTLY THE PROPERTY, WHICH WAS ORIGINALLY BUILT AS A 2 UNIT RANCH DUPLEX, HAS HAD THE PARTITION WALL REMOVED WHICH HAD ORIGINALLY DIVIDED THE STRUCTURE INTO 2 RENTAL UNITS THUS CONVERTING IT INTO A SINGLE FAMILY RESIDENCE, ITS PRESENT USE. OPTION #1: PURCHASE AND MAINTAIN THE HOME AS A SINGLE FAMILY RESIDENCE. OPTION #2: RECONSTRUCT THE SEPARATION WALL AND CONVERT THE HOME BACK TO A 2 UNIT RENTAL PROPERTY. OPTION #3: DEMOLISH THE EXISTING STRUCTURE AND CONVERT THE PROPERTY INTO SEPARATE 50 X 100 BUILDING LOTS FOR 3 NEW SINGLE FAMILY HOMES (THE LOTS WERE 3 PARCEL NUMBERS ORIGINALLY AND HAVE BEEN COMBINED INTO ONE PARCEL NUMBER WHICH COULD BE CHANGED WITH SARASOTA APPROVAL). THE POSSIBILITIES ARE ENDLESS. THE PROPERTY PRESENTS EXCITING OPPORTUNITIES TO BOTH FAMILIES, INVESTORS, REMODELERS AND BUILDERS. THE OWNER, WITH A CONTRACT, WILL CO-OPERATE IN OBTAINING THE NEEDED APPROVALS FOR THE BUYER'S INTENDED USE.
Location
State FL
County Sarasota
Community Newtown Highlands
Zoning RSF4
Interior
Heating Electric
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Fence
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected
Waterfront false
Garage false
Private Pool No
Building
Entry Level One
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Phillippi Shores Elementary
Middle Schools Brookside Middle
High Schools Booker High
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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