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1150 Windsong Lane

Sarasota, FL 34242
  • $1,999,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: R4905239
UPDATED: 54 min ago
$1,999,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Developers and Investors, this is a rarely available opportunity to build 3-units, beach side with deeded beach access and only steps down a private lane to the beautiful azure waters of the Gulf of Mexico, and 7-time winner of Americas #1 beach, Siesta Beach! RMF-3 zoning allows for no minimal rental periods, greatly increasing the gross rental potential. Recent sales of RMF zoned properties on Siesta Key (if one can be located) have been in $1M-$1.3M+ land cost per unit. At $666k land cost per unit, there is considerable upside for a buyer/investor. Units can be pre-sold individually as condos or when complete, kept for income to take advantage of the lucrative vacation rental market on Siesta Key. Or a combination of the two strategies can be deployed. Currently there is cozy single family rental home on the property that can gross $75k+ in annual income until ready to build. An accepted LOI allows access to floor plans, elevations, renderings, proformas, appraisal etc. Owner would consider delivering completed building on a case-by-case basis.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-18T20:42:03.193.
www.pinellaspascorealtor.com/homes/121271969
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1150 Windsong Lane Sarasota, FL 34242

  • Price: $1,999,000
  • Status: Active
  • Updated: 54 min ago
  • MLS #: R4905239
0
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Gulf View On Little Sarasota Bay
County:
Sarasota
Area:
Sarasota/Crescent Beach/Siesta Key
Property Description
Developers and Investors, this is a rarely available opportunity to build 3-units, beach side with deeded beach access and only steps down a private lane to the beautiful azure waters of the Gulf of Mexico, and 7-time winner of Americas #1 beach, Siesta Beach! RMF-3 zoning allows for no minimal rental periods, greatly increasing the gross rental potential. Recent sales of RMF zoned properties on Siesta Key (if one can be located) have been in $1M-$1.3M+ land cost per unit. At $666k land cost per unit, there is considerable upside for a buyer/investor. Units can be pre-sold individually as condos or when complete, kept for income to take advantage of the lucrative vacation rental market on Siesta Key. Or a combination of the two strategies can be deployed. Currently there is cozy single family rental home on the property that can gross $75k+ in annual income until ready to build. An accepted LOI allows access to floor plans, elevations, renderings, proformas, appraisal etc. Owner would consider delivering completed building on a case-by-case basis.
Exterior Features

Covered Spaces 0 Front Footage 100 Lot Size Dimensions 100X100.6 Open Parking YN No Road Surface Type Asphalt Water Access Beach - Access Deeded Water Access Yn Yes Water Extras Yn No Water View Gulf/Ocean - Partial Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling YN No Heating YN Yes Sewer Public Sewer Water Source Public

Property Features

Amenities Additional Fees Deed Beach Access To America's 7-Time #1 Beach Association Fee Requirement None Association Yn No Current Use Other Flood Zone Code Ae For Lease Yn No Ownership Fee Simple Special Listing Conditions None Sw Subdiv Community Name Gulf View On Little Sarasota Bay Tax Annual Amount 6473.2 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity AvailableFiber OpticsNatural Gas AvailablePhone AvailableSewer ConnectedStreet LightsWater Connected Zoning Rmf3


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Tc Group Llc.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-10-18T20:42:03.193.
 
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