$40,000
$44,900
10.9%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 03/07/2025
Key Details
Sold Price $40,000
Property Type Vacant Land
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Warm Mineral Spgs
MLS Listing ID C7503579
Sold Date 03/07/25
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $326
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 77x100
Property Sub-Type Multi-Family
Property Description
This vacant lot zoned as RMF1 (Residential Multi-Family 1), offers a prime opportunity for residential development in a rapidly growing area. This zoning designation permits the construction of multi-family residential units, making it ideal for developers interested in building duplexes or similar housing structures. Notably, there is an available listing adjacent to this property that features a duplex (MLS C7503562), presenting a unique opportunity for investors to acquire both parcels and expand their development potential. The property's location is highly advantageous, situated minutes away from Warm Mineral Springs, a renowned local attraction known for its therapeutic waters. Additionally, the area is free from deed restrictions and HOA fees, providing flexibility for development.
Location
State FL
County Sarasota
Community Warm Mineral Spgs
Zoning RMF1
Exterior
Utilities Available BB/HS Internet Capable, Electrical Nearby
Building
Lot Size Range 0 to less than 1/4
Sewer Septic Needed
Water Well Required
Others
Ownership Fee Simple
Special Listing Condition None
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