Sarasota, FL 34237,521 N LIME AVE

$615,000

$625,000

1.6%
Est.Price: ?

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Est. payment /mo

4,447 SqFt


SOLD DATE : 04/04/2022

Key Details

Sold Price $615,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,447 sqft

Price per Sqft $138

Subdivision East Add City Sarasota

MLS Listing ID A4512557

Sold Date 04/04/22

Construction Status Fixer

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,690

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Retail

Source Stellar MLS

Property Description

Lime Avenue is a changing area on the edge of downtown Sarasota. Rare, large land opportunity near Downtown Sarasota in the fast-emerging Limelight District just North of Fruitville Rd. Here's your chance to build exactly what you need and be close to the heart of the city, while getting in on the ground floor in one of the city's priority districts for new development. This half-acre lot 130' X 170' falls within the Downtown Edge Zone (DTE), allowing for office, retail, residential and many other uses, in a area that's home to a growing mix of galleries, vintage shops and other creative uses. Property is less than a 5-minute drive from downtown Sarasota and Ed Smith Stadium, and about 15 minutes to I-75, with road frontage on the front and rear sides of the property. Current building has a new roof and updated electrical box on the South side of the building. Possible credit for impact fees check with the City of Sarasota.

Location

State FL

County Sarasota

Community East Add City Sarasota

Area 34237 - Sarasota

Zoning DTE

Interior

Heating None

Cooling None

Flooring Other

Exterior

Parking Features Parking Spaces - 19 to 30

Utilities Available Public

Roof Type Shingle

Building

Lot Description Central Business District, City Limits, Oversized Lot, Paved

Story 1

Foundation Crawlspace, Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Fixer

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by Erick Shumway RE/MAX ALLIANCE GROUP
Bought with Angelia Young A YOUNG REALTY GROUP INC
Grier Crosby

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