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960 46Th St Sarasota, FL 34234

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For Sale
$1,200,000

High-density potential, three-building package.

Property size:
2,100 SF

Property Features for 960 46Th St

General Information

Property type
Residential income properties
Square Feet
2,100 SF
Lot Size
7,405 SF

Building Details

Year Built
1953

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Listing Contact
Lee Brewer
Lee Brewer

Listing Agency: RE/MAX Alliance Group Listing Agent: Lee Brewer

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a portfolio of three multi-family properties located at 960 46th Street, Sarasota, FL, totaling 2,100 square feet on a combined 0.17-acre lot. The properties are ideally situated for a commercial development project, offering significant potential for increased density. Currently, the combined properties boast a density of 135 units per acre. This presents a unique chance to acquire a strategically positioned asset with substantial upside potential. The properties are being offered as a package deal, providing a cohesive and scalable investment. The current zoning and density allow for a variety of development options, making this an attractive proposition for developers seeking to capitalize on Sarasota's thriving real estate market. The combined 0.17 acres provides a solid foundation for a larger-scale project, while the existing structures offer immediate income potential or redevelopment possibilities. This is a rare opportunity to acquire a well-located multi-family portfolio with significant potential for future growth and value appreciation. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. The asking price for the entire package is $1,200,000. This includes the property at 960 46th Street and two adjacent properties. The properties are being sold in conjunction with a property located at 4500 N Tamiami Trail as part of a larger land consideration for a commercial project.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.55176
Latitude
27.37335

FAQs

What type of property is this?
Residential income property - High-density potential, three-building package.
Where is this residential income property located?
The property is located at 960 46Th St Sarasota, FL.
What is the asking price?
The asking price for this property is $1,200,000.
More about this property
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