1667 Laurel Street Sarasota, FL 34236

$1,975,000
5
Beds
5
Baths
0.25
Acres
3,245
SQFT
609
$/SQFT
$1,975,000
5
Beds
5
Baths
3,245   sf
$609 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sarasota
  • Area
    34236 - Sarasota
  • Tax Amount
    $12,692
  • Status
    Active
  • Listing #
    A4631217
  • Built
    1922
  • Lot Size
    0.25
  • Listed on site
    16 days

Listed by:
Coldwell Banker Realty

Source:
StellarMLS

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Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Week

Property Features

  • Sewer
  • Pets Allowed
  • Has Virtual Tour

View

  • City view

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Fire Place
  • Wood Floors
  • Laundry Hookup
  • Washer Dryer In Unit

Style

  • A-Frame

Financing

  • Cash
  • Conventional Financing
  • None
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