House in Sarasota, Florida 3 bedrooms, 137.5 sq.m. № 2200845

Property description

INVESTOR SPECIAL – PRIME SARASOTA REDEVELOPMENT OPPORTUNITY! Located in the rapidly developing Newtown area of Sarasota, this property presents an outstanding opportunity for investors, builders, flippers, or end-users looking to create substantial upside. Sitting on a 5,750 SF RSF4-zoned lot, the existing structure offers the option for a full renovation or complete redevelopment into a stunning new construction family home. The current home requires extensive rehabilitation, making this an ideal project for experienced investors seeking strong value-add potential. New construction and renovated homes continue to transform the surrounding area, creating strong long-term appreciation potential. Property features public water and sewer connections and is conveniently located near downtown Sarasota, UTC, schools, shopping, restaurants, and Gulf Coast beaches. Cash Only, title and lien search complete, violation for disrepair quick close required. Reach out with any questions.