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1700-1704 Redwood Street, Sarasota, FL 34231
$1,900,000
1700-1704 Redwood Street, Sarasota, FL 34231View this property at 1700-1704 Redwood Street, Sarasota, FL 34231
1700-1704 Redwood StreetSarasotaFL34231
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Property Description
The "Siesta Gateway Estates" is a rare 2002 masonry construction apartment complex, with 5 garages, positioned just before the South Bridge access to Siesta Key. The property is located within minutes of public beach access connected to Siesta Beach, only 450 feet from the 24-acre "Siesta Promenade" development, and "West of the Trail" (West of Route 41/Tamiami Trl). Each floor in each building contains 1,484 SF of living area and a total of 3 Bedrooms & 3 Bathrooms. However, the property was uniquely built with connecting doors on each floor, providing the rare flexibility to transform the floorplan with opening & closing the adjoining door. Closed, it becomes 2 units, consisting of a large 2 Bedroom / 2 Bathroom unit and a 1 Bedroom / 1 Bathroom unit. Opened, the floorplan converts into a huge 3 Bedroom / 3 Bathroom Unit! The property currently operates with the connecting doors closed, equating to 2 units per floor or 4 units per building, for a total of 8 units. The S.C. property appraiser site currently exhibits 2 units per building, for a total of 4 units, however, all existing tenants have month to month lease terms! View property "Offering Memorandum" for full details!
Full Property Details
Full Property Details for 1700-1704 Redwood St
General
- Sold For: $1,900,000
- Taxes: $14,597 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: A4597802
- Added to Site: 89 day(s) ago
Interior
- Interior Features: Ceiling Fans(s), High Ceiling(s)
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: Inside, Other
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Deck, In Ground
Exterior
- Exterior Features: Balcony, Courtyard, Sliding Doors
- Deck/Patio: Enclosed, Front Porch, Screened
- Porch/Patio/Deck: Enclosed, Front Porch, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 5
- Covered Spaces: 5
- Parking Features: Driveway, Off Street
Location
- Area: 34231 - Sarasota/Gulf Gate Branch
- County: Sarasota
- Development Name: 34231 - Sarasota/Gulf Gate Branch
- Subdivision: 0000 - NOT PART OF A SUBDIVISION
- Driving Directions: Enter the property address into Google maps and press start!
Community
- Community Name: 34231 - Sarasota/Gulf Gate Branch
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Square Feet: 7,211
- Sq. Ft. Source: Public Records
- Living Area: 7,211 Sq. Ft.
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,280
- Lot Size: 15280
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $14,597
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SELY 76 FT OF SWLY 100 FT OF FOLLOWING DESC PROP, COM FROM PT ON S LINE OF SEC 17-37-18, BEING 65.6 FT ELY OF SW COR OF SEC 17, BEING INTRS OF S LINE & NWLY LINE OF STICKNEY PT RD TH NELY ALG NWLY BDRY OF STICKNEY PT RD 1332.3 FT TH NWLY 154.1 FT FOR POB TH NWLY 152.8 FT TH NELY 200 FT TH SELY 155.6 FT TH SWLY 200 FT TO POB, BEING SELY 76 FT OF SWLY 100 FT OF TRACT B BLK 6 PINE SHORES ESTATES 1ST ADD SWLY 100 FT OF FOLLOWING DESC PROP, COM FROM PT ON S LINE OF SEC 17-37-18, BEING 65.6 FT ELY OF SW COR OF SEC 17, BEING INTRS OF S LINE & NWLY LINE OF STICKNEY PT RD TH NELY ALG NWLY BDRY OF STICK
- Flood Zone Info: AE
- Disclosures/Reports: None
- APN: 104120028
- Property ID: 104120028
Listed by The Multifamily Firm Llc
Sold by The Multifamily Firm Llc
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Schools
Schools serving 1700-1704 Redwood St
Rating | Name | Grades | Distance |
---|---|---|---|
6500 S Lockwood Ridge Rd, Sarasota, FL 34231 | PK-5 | 1.2 mi | |
4747 S Tamiami Trl, Sarasota, FL 34231 | PK-5 | 1.9 mi | |
3400 Wilkinson Rd, Sarasota, FL 34231 | PK-5 | 2.8 mi | |
3636 S Shade Ave, Sarasota, FL 34239 | 6-8 | 3 mi | |
4826 Ashton Rd, Sarasota, FL 34233 | 6-8 | 3.6 mi | |
717 Central Ave, Sarasota, FL 34236 | 6-8 | 5.9 mi | |
Sarasota Virtual Instruction (Course Offerings)
1960 Landings Blvd, Sarasota, FL 32431 | 9-12 | 1.5 mi | |
1 Ram Way, Sarasota, FL 34231 | 9-12 | 1.8 mi | |
4650 Beneva Rd, Sarasota, FL 34233 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1700-1704 Redwood St
Date
Details
Price
Change
Source
3/29/2024
Sold
$1,900,000
-22.45%
MLS
1/30/2024
Listed
$2,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1700-1704 Redwood Street, Sarasota, FL 34231 (MLS# A4597802) is a Multi-Family property that was sold at $1,900,000 on March 29, 2024. Want to learn more about 1700-1704 Redwood Street? Do you have questions about finding other Multi-Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.