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Looking for SAVVY INVESTORS ONLY...because they know looks can be deceiving. While actually built in 1930, the effective year built is 1987. Opportunity is knocking...literally. Located in "˜OPPORTUNITY ZONE 3,' where investors can take advantage of PREFERENTIAL TAX TREATMENT and SPECIAL COMMUNITY LENDING"”see Revenue Code 1400Z-1 and 1400Z-2 and www.sarasotafl.gov for details. This 4 bedroom 2 bath home is poised to make someone some money. The "˜how' is up to you. Option 1) As a RENTAL for the last 20+ years (as recently as February 2025), this property is a CASH COW. Sarasota Housing Authority Section 8 standards offers up to $2772/month for 4-bedroom homes in this zip code. Option 2) This home is positioned and priced perfectly as a REHAB PROJECT. A little TLC would go a long way while still qualifying as "˜AFFORDABLE HOUSING' on the back end, even with a tidy profit built in. Option 3) Join the NEW CONSTRUCTION bandwagon and be one of the many brand-new homes popping up in the area, then sell it or rent it out and reap the rewards for years to come. Best of all, this property has NO DEED RESTRICTIONS, offers LOW TAXES, is NOT IN A FLOOD ZONE, is located in evacuation zone D, and sustained NO FLOOD OR STORM DAMAGE. If you're looking for a GREAT DEAL on a GREAT HOUSE, then this is the one! HURRY over & get ready to MAKE AN OFFER before it's gone. This MOTIVATED SELLER is READY to close.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/23/2025 |
|---|---|---|---|
| TRACT | NEWTOWN | YEAR BUILT | 1930 |
| COMMUNITY | 34234 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Wilkinson Elementary |
|---|---|
| Jr. High School | McIntosh Middle |
| High School | Riverview High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Water Heater, Range, Refrigerator |
| AREA | 34234 - Sarasota |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| HEAT | Central |
| INTERIOR | Vaulted Ceiling(s) |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Paved |
| LOT DIMENSIONS | 50x115 |
| PARKING | Boat, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | NEWTOWN |
| TAXES | 2066.9 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Cheryl Edwards, REAL ESTATE MATCH USA, 941-224-2344
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 2/24/25 3:13 AM PST.
This IDX solution is (c) Diverse Solutions 2025.
