161 Golden Gate Pt
$1,099,997, .17 Acres
About This Property
A Golden opportunity on Golden Gate Point. A 2 story cement block four plex which has been in the same family since the 1950s. Four 1 bedroom 1 bath central air conditioned units, separately metered, approximately 700 sq ft per unit and each one comes with a semi enclosed garage or carport and private storage space. The upstairs units have carpeting, one downstairs unit has tile and a newer open kitchen and updated bathroom. The other downstairs unit has wood look laminate floors. Basically all units have the same floor plan and newer windows, but not impact. This property can be re-developed as allowed by current zoning, to a 4-unit, 4-story structure with a maximum height of 90 feet. Each unit could be 2,500' to 3,000' with private parking. Sarasota Zoning Code - Sec. VI-305 for the Alternative Lot Size, Building Setbacks/Coverage for GGP is attached. Tremendous potential in an outstanding location! Or use current units as 8 day or seasonal rentals for maximum income.
Cable Available, City Water, Electric Avail on Site, Public Utilities, Sewer Available, Street Lights
Close to Bus, In City Limits, In County, Sidewalk, Street Paved
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Listing data comes from My Florida Regional MLS.
Listing information last updated on March 19th, 2018 at 4:39pm EDT.