Sold

1666 23rd Street, Sarasota, FL 34234

Beds
4
Baths
2
Sqft
1,430

View property features, location on map, relevant school information and overview from seller's agent.

Listed byREAL ESTATE MATCH USA
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Overview

Looking for SAVVY INVESTORS ONLY…because they know looks can be deceiving. While actually built in 1930, the effective year built is 1987. Opportunity is knocking…literally. Located in ‘OPPORTUNITY ZONE 3,’ where investors can take advantage of PREFERENTIAL TAX TREATMENT and SPECIAL COMMUNITY LENDING—see Revenue Code 1400Z-1 and 1400Z-2 for details. This 4 bedroom 2 bath home is poised to make someone some money. The ‘how’ is up to you. Option 1) As a RENTAL for the last 20+ years (as recently as February 2025), this property is a CASH COW. Sarasota Housing Authority Section 8 standards offers up to $2772/month for 4-bedroom homes in this zip code. Option 2) This home is positioned and priced perfectly as a REHAB PROJECT. A little TLC would go a long way while still qualifying as ‘AFFORDABLE HOUSING’ on the back end, even with a tidy profit built in. Option 3) Join the NEW CONSTRUCTION bandwagon and be one of the many brand-new homes popping up in the area, then sell it or rent it out and reap the rewards for years to come. Best of all, this property has NO DEED RESTRICTIONS, offers LOW TAXES, is NOT IN A FLOOD ZONE, is located in evacuation zone D, and sustained NO FLOOD OR STORM DAMAGE. If you’re looking for a GREAT DEAL on a GREAT HOUSE, then this is the one! HURRY over & get ready to MAKE AN OFFER before it’s gone. This MOTIVATED SELLER is READY to close.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
4
Number of bathrooms
2
Square feet
1,430
Lot size (acres)
0.13
Year built
1930

Interior features

Basement
Yes

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$2,066.90

Public schools

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Sourced from: Stellar MLS MLS®#: A4641730 Last checked:

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