UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved
Listing Status Active
Purchase Type For Sale
Subdivision Newtown 1St Add To
MLS Listing ID TB8484737
HOA Y/N No
Annual Tax Amount $712
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x154
Property Sub-Type Unimproved
Source Stellar MLS
Property Description
The lot features approximately 7,575 SQ. FT. and is zoned CBN – COMMERCIAL. The current property use is 0010 – VACANT MULTI-FAMILY, offering several possibilities for future use. One potential concept could be building OFFICES OR RETAIL SPACE ON THE FIRST FLOOR WITH APARTMENTS ON THE SECOND FLOOR, creating a mixed-use opportunity. Any building facing MLK must include commercial space on the ground floor.
CONVENIENTLY LOCATED with easy access to major roads, shopping, restaurants, and everyday amenities.
Another benefit is NO HOA AND NO FLOOD INSURANCE REQUIRED, helping keep ownership costs lower.
SURVEY AVAILABLE.
Short-term rentals are not permitted. Buyer is responsible for verifying all BUILDING REQUIREMENTS, ZONING REGULATIONS, AND DEVELOPMENT POSSIBILITIES WITH SARASOTA COUNTY.
Location
State FL
County Sarasota
Community Newtown 1St Add To
Area 34234 - Sarasota
Zoning CBN
Exterior
Utilities Available Electricity Available, Water Available
Building
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8484737
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Rob Hunt
Sales Associate | License ID: SL3197350
Sales Associate License ID: SL3197350