1625 4th Street, Sarasota, FL 34236

Description

UNIQUE PARCEL DOWNTOWN BUSINESS DISTRICT -------- PROPERTY IS TOTALLY WIRE FENCED (8') CONTAINS 6 OLDER WELL MAINTAINED HOMES PLUS 3 BUILDING LOTS. THERE ARE 2 REMOTE ENTRY GATES FOR VEHICLES AND 4 OTHER ENTRY POINTS. THE WESTERLY 3 LOTS ARE ZONED DTE (DOWNTOWN EDGE) ALLOWING 13 UNITS TO BE BUILT -- MAXIMUM 5 STORIES WITH RETAIL ON THE GROUND LEVEL. THE EASTERLY 6 LOTS ARE ZONED DTN (DOWNTOWN NEIGHBORHOOD) ALLOWING FOR 10 UNITS. TOTAL PROPERTY IS 1.4+/- ACRES AND ZONED FOR 23 UNITS. SITE IS WELL MAINTAINED WITH LANDSCAPING, PAVING, WELL AND ADEQUATE LIGHTING. THE PROPERTY OFFERS "OPPORTUNITY ZONING" AND WAS APPRAISED FOR OVER $4,600,000. CALL FOR A VIEWING. EXCELLENT LOCATION AND THE 6 HOMES ARE IN EXCELLENT CONDITION AND CAN BE LEASED UNTIL YOUR BUILDING PLANS ARE APPROVED.