$700,000
$749,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
1803 N EUCLID AVE Sarasota, FL 34234
5 Beds
4 Baths
2,782 SqFt
Key Details
Sold Price $700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,782 sqft
Price per Sqft $251
Subdivision Lorraine Park First Add To
MLS Listing ID A4577665
Sold Date 01/06/24
Bedrooms 5
Full Baths 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $4,173
Lot Size 0.450 Acres
Acres 0.45
Property Description
[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!
Location
State FL
County Sarasota
Community Lorraine Park First Add To
Zoning RMF1
Interior
Interior Features Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Skylight(s), Vaulted Ceiling(s)
Heating Central
Cooling Central Air
Flooring Tile
Fireplace true
Appliance Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Exterior
Exterior Feature Courtyard, Other, Outdoor Kitchen, Storage
Pool In Ground
Utilities Available Electricity Connected, Natural Gas Connected, Public, Water Connected
Roof Type Shingle
Garage false
Private Pool Yes
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
Read Less
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Bought with COLDWELL BANKER REALTY