$600,000

Description

Exceptional opportunity where the value is centered on the land, lot size and this highly desirable Sarasota location. Situated on approximately .22 acre, this property offers an outstanding homesite for those looking to build a new custom residence in the sought-after Arlington Park area. While an existing 3-bedroom residence is currently on the property, the offering is being positioned primarily for its redevelopment potential. Located just steps (1 house away) from Arlington Park, the property provides convenient access to the park’s recreational amenities, walking paths, aquatic facilities, tennis courts, playgrounds and green space. The location also places you just minutes from Downtown Sarasota, Sarasota Memorial Hospital, Southside Village, shopping, dining, cultural attractions and Sarasota’s beautiful Gulf Coast beaches. The combination of a .22-acre lot and established in-town location creates an increasingly hard-to-find opportunity in Sarasota. With substantial new construction and redevelopment throughout the surrounding area, this property offers the chance to create a custom home while taking advantage of everything that makes the Arlington Park & Sarasota area so desirable. The home has a history as a rental investment property and offers an additional option for a buyer who recognizes the value of securing a property in this desirable area but may not be ready to build immediately. The property could continue to serve as a rental investment while future building plans are developed, providing flexibility for a buyer looking to acquire the homesite now and consider redevelopment at a later date. New roof in 2025 and AC 2021. For buyers, builders or investors searching for an in-town homesite, the focus here is clear: location, land and the opportunity to build for the future.