701 North Lime Avenue

Sarasota, FL 34237

$550,000
Price
2
Beds
1
Bath
991 Sq. Ft.
$555 / Sq. Ft.
991
Sq. Ft.
$555
per Sq. Ft.

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
...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!
  1. Listed by Heather Hawley • THE SUNSHINE STATE COMPANY

Property Details for 701 North Lime Avenue

Subdivision Name
0343 - EAST ADDITION TO THE CITY OF SARASOTA
Township
36
Garage Spaces
1
Waterfront
No

Location

Listing Courtesy of THE SUNSHINE STATE COMPANY, Heather Hawley
Add your commute
LISTING UPDATED: 03/23/2024 04:10 PM

Property Details for 701 North Lime Avenue

StatusActive
MLS #A4602905
Days on Market55
Taxes$4,577 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1948
Lot Size0.20 AC / 8,500 SF
CountySarasota County

Location

Listing Courtesy of THE SUNSHINE STATE COMPANY, Heather Hawley
Add your commute

Building Information for 701 North Lime Avenue

Stories-Year Built1948Building Size-Lot Size0.20 AC / 8,500 SF

Payment Calculator

$3,383 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$381

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 701 North Lime Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1294.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • 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.
  • Elementary School: Tuttle Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: East Addition To The City Of Sarasota
  • Unit Number: No
  • Street Number: 701
  • Street Direction Prefix: N
  • Street Name: LIME
  • Street Suffix: AVENUE
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Management: Full Time
  • Tax Legal Description: LOTS 42 & 44 BLK C EAST ADD TO CITY OF SARASOTA
  • Tax Lot: 42
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits
  • Parcel Number: 2028060058
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: DTE
  • Living Area: 991
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: X500
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 18
  • Public Survey Section: 20
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Wood Siding
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 1
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Central
  • Interior Features: Living Room/Dining Room Combo
  • Laundry Features: Electric Dryer Hookup
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Features 1: Tub With Shower
  • Room Level 1: First
  • Room Type 1: Bathroom 1
Room 2
  • Room Level 2: First
  • Room Type 2: Bedroom 1
Room 3
  • Room Level 3: First
  • Room Type 3: Living Room
Room 4
  • Room Level 4: First
  • Room Type 4: Dining Room
Room 5
  • Room Level 5: First
  • Room Type 5: Kitchen
Room 6
  • Room Level 6: First
  • Room Type 6: Bonus Room
Room 7
  • Room Level 7: First
  • Room Type 7: Primary Bedroom
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 701 North Lime Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 North Lime Avenue

Taxable ValueLand$197,400Additions$100,800Total$298,200
Tax Record2023$4,578 ($381 / month)
Home Facts
Baths2Total Finished SqFt991 SqFtAbove Grade Finished SqFt991 SqFtStories1Lot Size8,500 SqFtStyleMiscellaneousYear Built1948Year Renovated1998ZoningDTECountySARASOTAAPN2028-06-0058

Schools near 701 North Lime Avenue

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Tuttle Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Booker High School
Public9 to 12

Sarasota Military Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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701 North Lime Avenue is a single family home for sale in Sarasota, FL 34237. This property was listed for sale on March 11, 2024 by THE SUNSHINE STATE COMPANY, it's currently listed at $550,000. It has been on the market for a total of 55 days and was last sold on May 20, 2022. This listing's school district is Sarasota. Nearby schools include Tuttle Elementary School, Booker Middle School and Booker High School. 701 North Lime Avenue is a 2-bed, 1-bath, 991 sqft single family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE SUNSHINE STATE COMPANY, Heather Hawley

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.