4409 17th St

Vacant Land for Sale
Catylist Listing ID: 30617660
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 3.72 Acres
Sale Price: $500,000
Unit Price: $134,408 Per Acre
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/16/2020

Overview / Comments

Newly rezoned Residential development site. Property has been rezoned
to accommodate twelve residential units as detailed in the non-binding
concept plan attached herein.
The property backs up to the Meadows subdivision and is on 17th Street
across from the dog park. Seller is motivated and is understanding of
entitlement time frames here in Sarasota County. The location of the
property provides easy access to schools, I75, and the downtown area.
A BPO for residential sale within the market was conducted by Exit King
Realty. The BPO showed sales comps range from the $240's to the
$350's on older homes and product within the market. The agent that
conducted the BPO felt that new town house units in the market would sell
between $375k-$400k, depending on upgrades within the units.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0039130003
Zoning: RSF-2
Property Visibility: Good
Largest Nearby Street: 17th St
Highway Access: I75
Airports: Sarasota
Zoning Description: Residential,Single-Family, 3.5 Units/Acre
Soil Type: Mixed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,317 76,164 182,402
Median Age: 57.99 46.28 47.15
Households: 3,320 33,895 81,059


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