$230,000
$249,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
972 SqFt
SOLD DATE : 03/18/2022
Key Details
Sold Price $230,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 972 sqft
Price per Sqft $236
Subdivision Palm Grove
MLS Listing ID A4516130
Sold Date 03/18/22
Bedrooms 2
Full Baths 1
Construction Status Inspections
HOA Y/N No
Year Built 1927
Annual Tax Amount $2,236
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 150x104
Property Description
Although you may find the pictures of this vintage cottage interesting, please know the “value is in the land”. This house has been occupied as recently as July 2021, but the structure requires significant TLC by most standards. The property is big enough to be two large single family homesites and that’s what is really being marketed. Over 15,000 square feet of land shaded by historic tree canopy in the Sarasota subdivision of Palm Grove. This is the upper reach of Whitaker Bayou and near many historic homes and long-time residences including the almost adjacent Sarasota Succulent Gardens. In fact, the property has belonged to the same family for almost 100 years which is why the relatively undisturbed, majestic landscaping is so magical. This opportunity presents several options…maybe put some sweat equity in to the cottage and continue with rental income or the finest “glamping” in town…maybe get busy on the subdivide and plan two new homes, each with an accessory dwelling unit recently approved by the City Commission…maybe bring your seasonal RV and park it minutes from downtown Sarasota, marinas, beaches, and shopping districts…whatever you choose you will be on some of the most coveted land of the last century in the City of Sarasota. Myrtle Avenue has been recently improved with sidewalks, cross walks and a roundabout. Booker High School, a nationally recognized Arts Magnet is a block away. The property sits between Ringling College of Art and Design and FSU’s honor program, New College of Florida. City water, city sewer, electric and natural gas provide a foundation for future development.
Location
State FL
County Sarasota
Community Palm Grove
Zoning RSF3
Interior
Interior Features Eat-in Kitchen
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Gas, Wood Burning
Fireplace true
Appliance Gas Water Heater, Range, Refrigerator
Exterior
Exterior Feature Fence
Parking Features Circular Driveway, Driveway
Fence Chain Link
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Porch Enclosed, Front Porch, Patio
Garage false
Private Pool No
Building
Lot Description FloodZone, City Limits, Level, Near Public Transit, Oversized Lot, Sidewalk, Paved
Entry Level One
Foundation Crawlspace
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Special Listing Condition None
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Bought with NADALINI & COMPANY, INC.
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