$199,000 pending
1468 19th street , sarasota, FL 34234
| Beds 3 | Baths 1 | 1,134 Sqft | 0.22 Acres |
|
1 of 48 |
Property Description
Under contract-accepting backup offers. Calling all SAVVY INVESTORS. The home boasts a NEW ROOF in 2014, and NEW HVAC in 2023 but the PROPERTY is where the real value lies…at almost a QUARTER ACRE in the COVETED CENTRAL COCOANUT NEIGHBORHOOD (a historic district known for its charming, vintage homes and vibrant community atmosphere) there’s plenty of room for a 650sf ADU/RENTAL/GRANNY FLAT and being zoned RMF2 (Residential, Multi-Family) a duplex MAY even be possible. Opportunity is knocking…literally. Located in ‘OPPORTUNITY ZONE 2,’ where investors can take advantage of PREFERENTIAL TAX TREATMENT and SPECIAL COMMUNITY LENDING—see Revenue Codes 1400Z-1 & 1400Z-2 and the City of Sarasota website for details. This 3 bedroom 1 bath home can be a real money maker. The ‘how’ is up to you. Option 1) A RENTAL—as it was for the last 6+ years (as recently as April 2025), it’s a CASH COW. Sarasota Housing Authority Section 8 pays up to $2266/month for 3-bedroom homes in this zip code. Option 2) 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) BUILD NEW—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 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.
General Information
Sale Price: $199,000
Price/SqFt: $175
Status: Pending
MLS#: A4659472
City: sarasota
Post Office: sarasota
Schools: riverview high
County: Sarasota
Subdivision: hillcrest park 1st add
Acres: 0.22
Lot Dimensions: 75 x 129
Bedrooms:3
Bathrooms:1 (1 full, 0 half)
House Size: 1,134 sq.ft.
Acreage: 0.22 est.
Year Built: 1960
Property Type: Single Family Residence
Style: Bungalow
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: Wood Frame, Wood Siding
Exterior Misc: Sidewalk
Basement: No
Foundation : Crawlspace
Appliances: Electric Water Heater, Range, Refrigerator
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,738
Legal Description: LOT 18 & W 1/2 LOT 20 BLK D 1ST ADD TO HILLCREST PARK
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Cheryl Edwards of LPT REALTY, LLC, Phone: 877-366-2213
