1803 N Euclid Avenue Sarasota, FL 34234
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Under contract-accepting backup offers. [Motivated Seller] How rare is it to find a half acre lot within 2 miles of Downtown Sarasota? Let’s crunch the numbers. As of the listing date, the average sale price for homes sold in the last year on .4 acres or above within 2 miles of downtown Sarasota is $3.15M. Three of those sales were under $1M, however two were in need of complete renovation and the other was less than 1, 000 sq ft. None of those sales were zoned for Multi-Family like this home. As for active listings: As of the listing date, there are 3 other homes for sale with a similar lot size and within a 2 mile radius of downtown, only one of which is comparable to the sale price of this home and it is in the same neighborhood. However, again, none of them are zoned as multi-family. The moral of the story - half acre lots along the city of Sarasota are rare and valuable! Tack on the RMF1 ZONING, a TURNKEY FULLY FURNISHED & RENOVATED 2800 SQFT HOME with a NEW ROOF, POOL, PRIVATE GATE, and paver front yard, and you get something that is beyond rare. This home is a fantastic long term investment for anyone who believes in the future of Sarasota. Ask your buyer’s agent or the listing agent directly for the attached pdf print out of comparative sales and zoning info!
yesterday | Listing updated with changes from the MLS | |
yesterday | Status changed to Pending | |
6 days ago | Price changed to $799,000 | |
3 weeks ago | Price changed to $859,000 | |
2 months ago | Price changed to $925,000 | |
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Data last updated at: 2023-10-04 06:40 AM EDT
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