$900,000
For Sale

2555 WOOD STREET

Sarasota, FL 34237
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime Real Estate Opportunity: ½ Acre Lot with Tear-Down Potential for Multi-Family Development. Unlock the full potential of this expansive ½ acre lot, ideally located in a thriving neighborhood with strong growth prospects. Currently home to a single-family residence, this property offers a rare opportunity to tear down the existing structure and rebuild a multi-family development, making it a perfect choice for investors, developers, or builders looking to capitalize on the area's increasing demand for housing. The large lot provides ample space for multiple units, with plenty of room for parking, landscaping, and outdoor amenities. Zoning allows for high-density residential use, enabling you to create a modern, income-generating property or a high-end residential complex. Whether you're looking to build luxury townhomes, apartments, or a mixed-use space, this location offers the flexibility to bring your vision to life. Situated in a desirable, well-established community with excellent access to local shops, schools, parks, and major transportation routes, this property ensures both convenience and long-term value. Don't miss out on this exceptional investment opportunity! Contact us today to explore the possibilities and schedule a viewing.

  • Property Details
      • Utility FeaturesElectricity Available, Water Available
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • CountySarasota
      • Original List Price$900,000
      • MLS #O6265492
      • MLS #O6265492
      • Utility SourcePublic
      • Taxes Annual$6,824
      • Cost900000
      • Acres0.39
      • Property SubtypeLand
      • Days on Market (Cumulative)7

Location

Bill BarnabaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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