tomo logo

$2,740,000

Beds
3
Baths
2.0
sq ft
1,800

7150 Richardson Rd, Sarasota, FL 34240

7150 Richardson Rd

SARASOTA, FL 34240

  • 13 days on market
This unique property offers endless opportunities for income or a family estate. On 10 acres of agricultural-zoned land with low taxes, it boasts a fully remodeled three-bedroom, two-bath home, a versatile 10,200-square-foot pole barn with 50-by-50-foot enclosed shop and 13 RV spaces. Here's what makes this property standout, home is three bedrooms, two baths and 1,800 square feet. Fully remodeled down to the block walls just two years ago. Upgrades include new electric, LP gas, plumbing, windows, doors, a durable metal roof and spray foam insulation for energy efficiency. Energy efficient with LP gas tankless water heater and appliances. Potential rental income. Pole barn & RV spaces 12-by-50-foot pole barn designed to house Class A RV with electric, with its electric meter, plumbing, LP gas and roughed-in office, bath and kitchen. With 13 RV/boat spaces that can generate potential monthly income. Ample storage and build-out potential. Land and zoning, 10 acres of fenced agricultural-zoned land with*dividable potential into two five-acre parcels. Leasable for cattle to keep taxes low. Great location with income potential. Whether you’re looking for a potential income-generating property, a family estate or a place to put your small business. 7150 Richardson Road has it all. Schedule your showing today and explore the possibilities!

Details

Property type

Single Family Residence

Est. home value

$1,198,114

Lot size

10.05 acres

Price per sq ft

$1,523

Year built

1969

Annual property taxes

$4,833

HOA

No

Price History

03/20/2025
StellarMLS

StellarMLS #A4645095

Listed
$2,740,000
+214.94%
04/06/2021
StellarMLS

StellarMLS #A4469452

Sold
$870,000

Schools & Community

Elementary school: 

Tatum Ridge Elementary

Middle school: 

McIntosh Middle

High school: 

Booker High

Negotiation Insights

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

Seller could get up to

$1,821,837
Asking price
$2,740,000
Closing costs (~8% of asking)
-$219,200
Est. remaining loan balance
-$698,963
Cash to seller
$1,821,837

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

South State Bank Na

Loan start date

April 2021

Original loan amount

$826,500

Est. remaining balance

$698,963

Interest rate

2.81%

Loan type

New Conventional, 20 year

Seller

Donald J Heinrich and Penny L Heinrich

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?

Status: Active

Tomo last checked: 04/03/2025 at 4:35 AM

Listing updated: 03/31/2025 at 3:04 PM

Listed by: Jaci Krawtschenko, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 907-9541

MLS: StellarMLS #A4645095

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