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701 N Lime Avenue, Sarasota, FL 34237
$550,000
701 N Lime Avenue, Sarasota, FL 34237View this property at 701 N Lime Avenue, Sarasota, FL 34237
701 N Lime AvenueSarasotaFL34237
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Property Description
Investment Opportunity Knocking! Welcome to this close to downtown up and coming real estate gem, offering not only a home but a promising investment venture. This property boasts: 2 Bedrooms, 1 Bathroom: Perfect for comfortable living or lucrative rental potential. Open Concept Design: Enjoy versatility in your living areas, ideal for modern lifestyles. Bonus Room: Flexibility at its finest! Utilize it as a home office, guest room, or whatever suits your needs. Attached Garage: Convenience meets functionality with direct access to your vehicle. Two Lots, Can be Split: Double the potential! Explore options to divide the property, offering versatility for development or resale. Great for Duplex: With ample space and zoning flexibility, envision the possibilities for residential or commercial use. No Setbacks: Build all the way to the road hassle-free, maximizing the property's footprint. But that's not all! This property comes equipped with modern upgrades: Laminate Wood Vinyl Flooring: Enjoy the aesthetic appeal and easy maintenance of contemporary flooring throughout the home. New Granite Countertops: Enhance the kitchen's appeal with sleek and durable granite surfaces. New Roof (2022): Invest with confidence knowing the property is safeguarded by a recent roof replacement, ensuring long-term durability and protection. New Water Heater (2023): Experience peace of mind with a recently installed water heater, providing reliable hot water for years to come. Whether you're an astute investor eyeing lucrative opportunities or a homeowner seeking a move-in ready space, this property caters to both aspirations. Don't miss out on this chance to secure a sound investment and a comfortable living space rolled into one! Contact us today to schedule a viewing and seize this exceptional investment opportunity!
Full Property Details
Full Property Details for 701 N Lime Ave
General
- Price: $550,000
- Taxes: $4,577 (2023)
- Status: Active
- Type: Single Family
- MLS ID: A4602905
- Updated: 4/18/2024
- Added to Site: 71 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Living Room/Dining Room Combo
- Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Rain Gutters
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
Location
- Area: 34237 - Sarasota
- County: Sarasota
- Development Name: 34237 - Sarasota
- Subdivision: 0343 - EAST ADDITION TO THE CITY OF SARASOTA
- Driving Directions: Directions from I-75: Exit I-75: Take exit 210 West toward Sarasota. After exiting, merge onto Fruitville Rd. Continue Straight: Continue straight on Fruitville Rd for approximately 10 Miles. Turn Right onto Lime Ave Destination on the Right: Your destination, 701 Lime Ave, will be on your right-hand side.
- Direction Faces: East
School Information
- Elementary School: Tuttle Elementary
- Middle School: Booker Middle
- High School: Booker High
Community
- Community Name: 34237 - Sarasota
- Management Type: Full Time
- Mgmt. Company: Full Time
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected
Structural Information
- Exterior Const.: Wood Frame, Wood Siding
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 991
- Sq. Ft. Source: Public Records
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,500
- Lot Size: 8500
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $4,577
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 42 & 44 BLK C EAST ADD TO CITY OF SARASOTA
- Flood Zone Info: X500
- APN: 2028060058
- Property ID: 2028060058
Listed by The Sunshine State Company
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Schools
Schools serving 701 N Lime Ave
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
2863 8th St, Sarasota, FL 34237 | PK-5 | 0.7 mi | |
2250 Myrtle St, Sarasota, FL 34234 | 6-8 | 1.7 mi | |
3201 N Orange Ave, Sarasota, FL 34234 | 9-12 | 1.8 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 701 N Lime Ave
Date
Details
Price
Change
Source
3/11/2024
Listed
$550,000
74.6%
MLS
5/20/2022
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 701 N Lime Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,578
71%
$298,200
44%
2021
$2,670
-4%
$207,400
18%
2022
$2,779
4%
$175,500
19%
2021
$2,670
36%
$147,500
44%
2019
$1,963
4%
$102,780
10%
2018
$1,883
8%
$93,436
-17%
2017
$1,747
19%
$112,700
40%
2016
$1,462
9%
$80,700
15%
2015
$1,347
-19%
$70,200
-20%
2014
$1,660
19%
$88,200
23%
2013
$1,396
—
$71,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 N Lime Ave
701 N Lime Avenue, Sarasota, FL 34237 (MLS# A4602905) is a Single Family property with 2 bedrooms and 1 full bathroom. 701 N Lime Avenue is currently listed for $550,000 and was received on March 11, 2024. Want to learn more about 701 N Lime Avenue? Do you have questions about finding other Single Family real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.