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1894 Loma Linda Street, Sarasota, FL 34239

$2,500,000
  • 1894 Loma Linda Street, Sarasota, FL 34239 Main Photo

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New to the Market Active
LOT SIZE 0.560 acres MLS#A4686462
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONFLOYD & CAMERON

Property Description

Discover this UNIQUELY RARE OPPORTUNITY in the Coveted West of the Trail Neighborhood, amongst other very beautiful multi-million-dollar homes (two back-to-back lots, 1894 Loma Linda with frontage of 78' and 1891 Prospect with frontage of 88' with depth of 296' for a total of both properties). The property on Loma Linda side is located on a quiet cul de sac at the end of the street. The two properties situated over half an acre have sewer and electric ready at the property and mature grand palms. Explore the potential opportunities this unique property offers! In combining these two lots you will have endless opportunities to customize the property to your vision. Whether you're seeking a family compound, multi-family development, or a dream home with additional income potential, this property delivers unmatched flexibility. Generate immediate income with existing rentals-Loma Linda is currently rented at $5,500 annually, and the adjacent lot is listed at $2,600 for annual rental-or live in one home while you plan and build on the other. With no flood zone concerns and established electrical and sewer connections, the property is ready to bring your vision to life. Location is exceptional with 'A rated Southside Elementary School, minutes to Southside Village shops and dining options, minutes to Sarasota Memorial Hospital, Downtown Sarasota and all the cultural amenities, Siesta Key beach and St. Armand's Circle. Don't miss this rare opportunity to create your perfect Sarasota retreat! Sold as is.

1894 Loma Linda Street | MLS# A4686462

This land located at 1894 Loma Linda Street, Sarasota, FL 34239 is currently listed for sale with an asking price of $2,500,000. The property has approximately 0.56 Acres. Search Sarasota real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.56 Acres
Taxes: $11,627

Feature Descriptions

Days on Site: 3
Directions: From Downtown Sarasota head south on Osprey Avenue. Turn left on to Loma Linda. Home is on the right at end of cul de sac.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.56
Ownership: Fee Simple
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Available, Cable Connected, Electricity Available, Public, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RSF3

Local Schools

High School: Sarasota High
Middle School: Brookside Middle
Elementary School: Southside Elementary

Listed By / Shown By

Listed By

Agency Name: COMPASS FLORIDA LLC
Agency Contact: 941-279-3630

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813.908.8500

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Estimated Payment

$ 7,262.00 per month $5,563.92 Principal & Interest $968.92 Property Tax $729.17 Homeowner's Insurance

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