$1,949,000
For Sale

1667 LAUREL STREET

Sarasota, FL 34236
4000 sqft | 5 beds | 5 baths | 0.25 acres | #A4631217
Browse 41 photos
Type:Purchase
Structure:House
Zone:Residential

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
      • Cost1949000
      • Exterior MaterialsGarden
      • ViewCity
      • Acres0.25
      • Square Feet4000
      • Year Built1922
      • Pets AllowedYes
      • Days on Market (Cumulative)18
      • Bedrooms5
      • Bathrooms5
      • Full Baths5
      • Stories1

Location

Alfonso Gonzalez | People's Choice Realty Services LLC Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

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Loan Amount
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