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1667 Laurel STREET, Sarasota, FL 34236
$1,949,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
5
baths
3,245
sqft
Built in
1922
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.
Features & Amenities
Interior
- General:
- Ceiling Fan(s), Crown Molding, Pest Guard System, Primary Bedroom Main Floor
- Rooms:
- Garage Apartment
- Appliances:
- Cooktop, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Laundry:
- Laundry Room
- Flooring:
- Hardwood
- A/C:
- true, Central Air
- Heating:
- true, Central, Electric
- Fireplace:
- Wood Burning, Fireplace
Exterior
- General:
- Garden, Guest House
Construction
- Roofing:
- Metal
- General:
- Wood Frame, One, Crawlspace
Location
- Road/Access:
- Street One Way
- Originating MLS:
- Stellar MLS
- County:
- Sarasota
Lot
- Zoning:
- RSM9, LOT 11 SUB OF LOTS 5 & 6 BLK G A/K/A BURNS REALTY CO RESUB OF LOTS 1 THRU 8 INCL BLK G PLAT OF SARASOTA OR 1453/250, 2027100065
- View:
- City
Utilities
- Utilities:
- Cable Connected, Electricity Connected, Fire Hydrant
- Water:
- None
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
This listing courtesy of:
COLDWELL BANKER REALTY, Ray Collins
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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