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    960 46Th St Sarasota, FL 34234
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    960 46Th St, Sarasota, FL 34234

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    • Multifamily properties
    • 2,100 SF
    • 0.17 lot acres
    Sarasota Multi-Family Investment Opportunity For Sale
    $1,200,000
    2,100 SF

    Sarasota Multi-Family Investment Opportunity

    High-density potential, three-building package.

    960 46Th St, Sarasota, FL 34234
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    Property ID
    US18-1321998
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    • Multifamily properties

    Property Details for 960 46Th St

    Year built
    1953
    Lot size
    0.17 lot acres
    Property type
    Multifamily properties

    Description

    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.


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    Location Insight

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    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.55176
    Latitude
    27.37335
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    More about this property
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