A GOLDEN REDEVELOPMENT OPPORTUNITY or perfect location to build your unique signature dream home. Surrounded by Sarasota Bay is the brick-lined circle of luxury living that is Golden Gate Point. This property is zoned RMF5 which allows 25 units per acre and offers a peekaboo view of Sarasota Bay and Marina Jacks. Current Use is a Four-Plex consisting of three 1 bedroom/1 bathroom units, and one efficiency unit, with an on-site coin operated Laundry Room in one 2,741 sq. ft. solid concrete block building, built in 1950 on a 7,200 sq. ft. parcel of land. There are underground utilities with separate electric meters for each unit and one water meter for the property. A new hip roof was installed in December 2011. All units are currently rented and leases are month to month. The value is based on location - Golden Gate Point is a world class community located just minutes to Downtown Sarasota, Lido Beach, St. Armand's Circle, Longboat Key, and the Ritz Carlton. Sarasota Zoning Code - Sec. VI-305 for the Alternative Lot Size, Building Setbacks/Coverage for GGP is attached.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
