4020 S School Avenue Sarasota , FL 34231

Description

1,496 Sqft
25,050 Sqft lot
0.58 Acre lot
Status: Active
Property Type: Mixed Use
Year Built: 1956
Days on Website: 83
Prime Development Opportunity: 3 Spacious Lots in Ideal Location Address: (Owner's residence address) Lot Size: Three lots totaling 150' x 167', perfect for new developments. Existing Structures: Three charming cottages are on the property. A fourth cottage was recently lost to a fire. The front lot has been cleared and is ready for construction. Highest and Best Use: Luxury townhomes. Builder and Plans Available: Builder is ready to begin, with plans. See Comparable Development: 4 townhomes just six lots away at 2058 Roselawn. 6 townhome units (2 townhomes per building) Layout: Each townhome features 4 bedrooms, 3.5 baths, and a 1-car garage. Rental Income: $3,500 per month each. * $21,000 per month * $252,000 per year for all six units. For more details and to explore this exciting development opportunity, call us today!

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Property Details and Features

Contact an Agent

Lee Brewer

941 308-3877 941 724-3448

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