tomo logo

$995,000

Beds
2
Baths
1.0
sq ft
1,030

2305 Mango Ave, Sarasota, FL 34234

2305 Mango Ave

SARASOTA, FL 34234

  • 233 days on market
    • Price drop $205,000↓
OPPORTUNITY KNOCKS!! CALLING ALL INVESTORS!! This Property is located in an area that allows Affordable Housing Homes to be built. It is being sold along with 4 other connected lots which once combined will allow up to 15 Units to be built and leased (According to the Sarasota County Zoning Department). It is Centrally Located with easy access to Downtown Sarasota, Gulf Beaches, and the UTC. There are plenty of Restaurants and Shopping Centers nearby, along with the Orioles Spring Training Baseball Stadium just a few blocks away! The following 4 parcels are included with this sale: By PID# 0043-05-0006, 0043-05-0007, 0043-05-0009, 0043-05-0011. The TOTAL ACREAGE is almost .86 Acres. Ready for you to build your next Investment Property. There are 2 separate houses on these lots right now that are rented with tenants in place generating $3,800 per month. Make an Appointment to see this Property Today!

Details

Property type

Single Family Residence

Est. home value

$249,551

Lot size

9,593 sq ft

Price per sq ft

$967

Year built

1959

Annual property taxes

$1,509

Price History

06/05/2024
StellarMLS

StellarMLS #A4589332

Price change
$995,000
-17.08%
05/03/2024
StellarMLS

StellarMLS #A4589332

Price change
$1,200,000
-7.69%
02/13/2024
StellarMLS

StellarMLS #A4589332

Price change
$1,300,000
+8.33%

Schools & Community

Neighborhood: 

North Sarasota

Elementary school: 

Emma E. Booker Elementary

Middle school: 

Booker Middle

High school: 

Sarasota High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bayrock Mortgage Corp

Loan start date

February 2005

Original loan amount

$98,800

Est. remaining balance

Not provided

Interest rate

10.12%

Loan type

Not Provided, 30 year

Seller

Brian Porter and Willie B Porter

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/03/2024 at 11:40 AM

Listing updated: 06/05/2024 at 11:00 AM

Listed by: Jeremy Egglefield, KELLER WILLIAMS REALTY SELECT Phone #: (941) 556-0500

MLS: StellarMLS #A4589332

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