1667 LAUREL STREET SARASOTA, FL 34236

$1,599,000

5 Beds

5 Baths

3245 sqft

Property Details

MLS#

A4631217

Type

Single Family Residence

Status

Active Listing

Square Footage

3,245

Bedrooms

5

Bathrooms

5 full

Year Built

1922

Tax Amount

$12,692

Property Description

PRICE REDUCTION: Coveted DOUBLE LOT in beautiful Laurel Park. When buyers ask for a single-family home around downtown, Laurel Park is the closest option. Great income-producing property and/or 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 is rarely available. It's a double-lot--10,725 square feet--where you can build two single-family houses with attached dwelling units. (You can 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 motivated and willing to close fast. Cash preferred.

Amenities

Cooling:Central Air

Garden

Ceiling Fan(s)

Crown Molding

Pest Guard System

Primary Bedroom Main Floor

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