$1,600,000
PENDING

Estimated payment $9,543/month

Total Views 3,346
0.26 Acre
$6,153,846 Price per Acre
11,326 Sq Ft Lot

Highlights

  • Property is near public transit
  • No HOA
  • Oversized Lot
  • Southside Elementary School Rated A
  • Mature Landscaping
  • 4-minute walk to Circle Park

About This Lot

Under contract-accepting backup offers. Located in one of the most desirable locations in Sarasota, this property on an over 11,000 square foot lot is the perfect opportunity to own a home just steps from St. Armands Circle! The home took on water from hurricane Milton for the 1st time ever. The owners have remediated all damage with the removal of flooring, drywall, and all appliances and plumbing fixtures. The new owner can either renovate, with plenty of room for expansion, or demo the existing home and build new. With lenient rental restrictions, this property could be an excellent investment or can become your dream home with walkability to all of the shops and restaurants St. Armands Circle has to offer. It is also walkable to Lido Beach or a short drive to downtown Sarasota. Don’t miss this opportunity to capture a property with such a fabulous location and so many possibilities!

Listing Agent

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3231988

MICHAEL SAUNDERS & COMPANY

Co-Listing Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #3103707

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,038

Year Built

  • 1951

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 65x15x150x64x169
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Property is zoned RSF2

Location

  • Property is near public transit

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Community Details

  • No Home Owners Association
  • Saint Armands Division John Ringling Estates Community
  • Saint Armands Div John Ringling Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 4
  • Assessor Parcel Number 2014050049

Property Details

Property Type

Land

Est. Annual Taxes

$7,038

Year Built

1951

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11131
  • Directions to Property: From John Ringling Blvd as approaching St Armands Circle, turn right onto Adams Drive.
  • Status: Pending
  • Street Direction: N
  • Co List Office Mls Id: MFR281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 143.74
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-388-4447
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1951

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 141

Exterior Features

  • Direction Faces: East
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 6153846

Utilities

  • Utilities: Electrical Nearby, Electricity Available, Public, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2014050049
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Chain Link, Wood
  • Lot Features: Buildable, City Limits, Level, Near Public Transit, Oversized Lot, Street Lights, Paved
  • Lot Dimensions: 65x15x150x64x169
  • Flood Zone Code: AE
  • Lot Size Square Meters: 1034
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7038.01
  • Tax Block: 4
  • Tax Book Number: 2-30
  • Tax Lot: 18

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,832 $497,145 -- --
2023 $6,832 $482,665 $0 $0
2022 $6,638 $468,607 $0 $0
2021 $6,698 $454,958 $0 $0
2020 $6,772 $448,677 $0 $0
2019 $6,594 $438,589 $0 $0
2018 $6,450 $428,331 $0 $0
2017 $6,373 $419,521 $0 $0
2016 $6,336 $538,400 $440,300 $98,100
2015 $6,431 $532,000 $441,100 $90,900
2014 $6,422 $398,816 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Pending -- -- --
04/25/2025 04/25/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $1,600,000 0.0% --
01/10/2025 01/10/25 For Sale $1,600,000 -- $987 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $200,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $104,304 New Conventional
Previous Owner $118,500 New Conventional
Previous Owner $120,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

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Source: Stellar MLS

MLS Number: A4635353

Stellar MLS

APN: 2014-05-0049