For Sale
$1,200,000

960 46Th St Sarasota, FL 34234

High-density potential, three-building package.

Overview

Added:
Feb 3
Days on market:
82
This exceptional investment opportunity presents a portfolio of three multi-family properties located at 960 46th Street, Sarasota, FL, totaling 2,100 square feet on a combined 0.17-acre lot. The properties are ideally situated for a commercial development project, offering significant potential for increased density. Currently, the combined properties boast a density of 135 units per acre. This presents a unique chance to acquire a strategically positioned asset with substantial upside potential. The properties are being offered as a package deal, providing a cohesive and scalable investment. The current zoning and density allow for a variety of development options, making this an attractive proposition for developers seeking to capitalize on Sarasota's thriving real estate market. The combined 0.17 acres provides a solid foundation for a larger-scale project, while the existing structures offer immediate income potential or redevelopment possibilities. This is a rare opportunity to acquire a well-located multi-family portfolio with significant potential for future growth and value appreciation. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. The asking price for the entire package is $1,200,000. This includes the property at 960 46th Street and two adjacent properties. The properties are being sold in conjunction with a property located at 4500 N Tamiami Trail as part of a larger land consideration for a commercial project.

Property Details for 960 46Th St

Property type
Multifamily properties
Square Feet
2,100 SF
Year Built
1953
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.37335
Longitude
-82.55176

FAQs

What type of property is this?
Multifamily property - High-density potential, three-building package.
Where is the multifamily property located?
The property is located at 960 46Th St Sarasota, FL.
What is the asking price?
The asking price for this property is $1,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
960 46Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message