1468 19TH ST, SARASOTA, FL, 34234
$199,000
Residential
|
Bedrooms
3
|
Bathrooms
1
|
Living Area
1,134 Sqft
|
Lot Size
9,647 Sqft
|
Calling all SAVVY INVESTORS. The home boasts a NEW ROOF in 2014, and NEW HVAC in 2023 but the PROPERTY is where the real value lies…at almost a QUARTER ACRE in the COVETED CENTRAL COCOANUT NEIGHBORHOOD (a historic district known for its charming, vintage homes and vibrant community atmosphere) there’s plenty of room for a 650sf ADU/RENTAL/GRANNY FLAT and being zoned RMF2 (Residential, Multi-Family) a duplex MAY even be possible. Opportunity is knocking…literally. Located in ‘OPPORTUNITY ZONE 2,’ where investors can take advantage of PREFERENTIAL TAX TREATMENT and SPECIAL COMMUNITY LENDING—see Revenue Codes 1400Z-1 & 1400Z-2 and the City of Sarasota website for details. This 3 bedroom 1 bath home can be a real money maker. The ‘how’ is up to you. Option 1) A RENTAL—as it was for the last 6+ years (as recently as April 2025), it’s a CASH COW. Sarasota Housing Authority Section 8 pays up to $2266/month for 3-bedroom homes in this zip code. Option 2) A REHAB PROJECT—a little TLC would go a long way while still qualifying as ‘AFFORDABLE HOUSING’ on the back end, even with a tidy profit built in. Option 3) BUILD NEW—be one of the many brand-new homes popping up in the area, then sell it or rent it out and reap the rewards for years to come. Best of all, this property offers LOW TAXES, is NOT IN A FLOOD ZONE, is located in evacuation zone D, and sustained NO FLOOD OR STORM DAMAGE. If you’re looking for a GREAT DEAL on a GREAT HOUSE, then this is the one! HURRY over & get ready to MAKE AN OFFER before it’s gone. This MOTIVATED SELLER is READY to close.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRA4659472 | Year Built: | 1960 | |
| Appliances: | Electric Water Heater, Range, Refrigerator | Architectural Style: | Bungalow | |
| Community Features: | Street Lights | Construction Materials: | Frame, Wood Siding | |
| Cooling: | Central Air | Country: | US | |
| County Or Parish: | Sarasota | Direction Faces: | North | |
| Exterior Features: | Sidewalk | Fencing: | Chain Link, Fenced | |
| Flooring: | Laminate, Tile | Foundation Details: | Crawlspace | |
| Furnished: | Unfurnished | Heating: | Central, Electric, Heat Pump | |
| Laundry Features: | Inside, Laundry Room | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash | |
| Lot Features: | Historic District, City Limits, Near Public Transit, Sidewalk, Paved | Occupant Type: | Vacant | |
| Parking Features: | Boat, Off Street, RV Access/Parking | Pets Allowed: | Cats OK, Dogs OK | |
| Possession: | Close Of Escrow | Property Condition: | Fixer | |
| Property Sub Type: | Single Family Residence | Property Type: | Residential | |
| Road Responsibility: | Public Maintained Road | Road Surface Type: | Asphalt, Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | Supra Lock Box, Go Direct, Lock Box Electronic, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected | Vegetation: | Mature Landscaping | |
| Water Source: | Public | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Kitchen: | 19x10 ft | Living Room: | 14x11 ft | |
| Primary Bedroom: | 15x10 ft | Bedroom 2: | 16x9 ft | |
| Bedroom 3: | 13x10 ft | Bathroom 1: | 9x6 ft | |
| Laundry: | 7x5 ft | Balcony/Porch/Lanai: | 20x12 ft | |
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