490 South Lime Avenue

Sarasota FL 34237

1818 sq. ft.

9375 sq. ft.

Single-Family

Currently for sale - view listing

Overview

This is your opportunity to secure a rare package deal. These three homes and one vacant lot are all located in close proximity to Downtown Sarasota between Ringling Blvd and Bahia Vista St. along Shade Ave. This corridor's home values continue to rise and new construction is exploding. This near downtown real estate portfolio includes a vacant lot on Shade Ave, a 3/2 home on Browning St., a 3/2 home on Lime Ave, and a 2/2 home sitting on a large lot on Pelican Dr. These homes offer an investor/builder a great opportunity to purchase all four at once and begin new custom construction on the vacant Shave Ave lot immediately while the other's carry cost. Incrementally cash in on substantial returns per the sell of each new custom home. Buyers now and future buyers in a tax bracket that can afford price points in this proximity to Downtown want move-in ready new custom homes. The three homes rent for very competitive market rates therefore provide an incredible opportunity for those looking to expand their portfolio coupled with the vision, ambition, and ability to incrementally develop unique new construction custom homes on these highly desirable near Downtown Sarasota lots!