2555 WOOD STREET
Sarasota, FL 34237
0.39 acres | #O6265492
Description
Prime Real Estate Opportunity: ½ Acre Lot with Tear-Down Potential for Multi-Family Development. Unlock the full potential of this expansive ½ acre lot, ideally located in a thriving neighborhood with strong growth prospects. Currently home to a single-family residence, this property offers a rare opportunity to tear down the existing structure and rebuild a multi-family development, making it a perfect choice for investors, developers, or builders looking to capitalize on the area's increasing demand for housing. The large lot provides ample space for multiple units, with plenty of room for parking, landscaping, and outdoor amenities. Zoning allows for high-density residential use, enabling you to create a modern, income-generating property or a high-end residential complex. Whether you're looking to build luxury townhomes, apartments, or a mixed-use space, this location offers the flexibility to bring your vision to life. Situated in a desirable, well-established community with excellent access to local shops, schools, parks, and major transportation routes, this property ensures both convenience and long-term value. Don't miss out on this exceptional investment opportunity! Contact us today to explore the possibilities and schedule a viewing.
Property Details
- Utility FeaturesElectricity Available, Water Available
- Sewer InformationPublic Sewer
- Property TypePurchase
- CountySarasota
- Original List Price$900,000
- MLS #O6265492
- MLS #O6265492
- Utility SourcePublic
- Taxes Annual$6,824
- Cost900000
- Acres0.39
- Property SubtypeLand
- Days on Market (Cumulative)4
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: Alfonso Gonzalez | People's Choice Realty Services LLC
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Christopher Gallon, PA (#MFR261227585)
Listing Office: EXP REALTY LLC (#MFR261016970)
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.