701 N Lime AVENUE, Sarasota, FL 34237

$550,000 Asking Price

2 beds
1 bath
991  sqft
Built in 1948

Investment Opportunity Knocking! Welcome to this close to downtown up and coming real estate gem, offering not only a home but a promising investment venture. This property boasts: 2 Bedrooms, 1 Bathroom: Perfect for comfortable living or lucrative rental potential. Open Concept Design: Enjoy versatility in your living areas, ideal for modern lifestyles. Bonus Room: Flexibility at its finest! Utilize it as a home office, guest room, or whatever suits your needs. Attached Garage: Convenience meets functionality with direct access to your vehicle. Two Lots, Can be Split: Double the potential! Explore options to divide the property, offering versatility for development or resale. Great for Duplex: With ample space and zoning flexibility, envision the possibilities for residential or commercial use. No Setbacks: Build all the way to the road hassle-free, maximizing the property's footprint. But that's not all! This property comes equipped with modern upgrades: Laminate Wood Vinyl Flooring: Enjoy the aesthetic appeal and easy maintenance of contemporary flooring throughout the home. New Granite Countertops: Enhance the kitchen's appeal with sleek and durable granite surfaces. New Roof (2022): Invest with confidence knowing the property is safeguarded by a recent roof replacement, ensuring long-term durability and protection. New Water Heater (2023): Experience peace of mind with a recently installed water heater, providing reliable hot water for years to come. Whether you're an astute investor eyeing lucrative opportunities or a homeowner seeking a move-in ready space, this property caters to both aspirations. Don't miss out on this chance to secure a sound investment and a comfortable living space rolled into one! Contact us today to schedule a viewing and seize this exceptional investment opportunity!


Features & Amenities

Interior

General:
Living Room/Dining Room Combo
Appliances:
Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry:
Electric Dryer Hookup
Flooring:
Vinyl
A/C:
true, Central Air, Wall/Window Unit(s)
Heating:
true, Central

Exterior

General:
Rain Gutters

Construction

Roofing:
Shingle
General:
Wood Frame, Wood Siding, One, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Sarasota

Lot

Zoning:
DTE, LOTS 42 & 44 BLK C EAST ADD TO CITY OF SARASOTA, 2028060058

Utilities

Utilities:
Cable Available, Electricity Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS
Buyers Agent Compensation:
3%
NA Compensation:
3%

This listing courtesy of:
THE SUNSHINE STATE COMPANY, Heather Hawley

About Sarasota, FL

Housing

Number of Units
152,825
Median Home Value
$341,369
Median Rent
$1,292

27.49% of housing units are renter occupied.

18.88% are vacant.

Commute

Car
66.43%
Public Transportation
0.60%
Walk to Work
0.72%
Work from Home
31.09%
Other
0.55%

The median travel time to work is 16 minutes.

People

Population
264,751
Median Age
51.20
Median Household Size
2.39

Education

High School
26.25%
Associate’s Degree
8.64%
Bachelor’s Degree
22.70%
Graduate Degree
17.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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