Small bungalow on North Trail Zoned lot in Opportunity Zone 2. Adjacent to commercially zoned land along Tamiami Trail on Sarasota's near north side. While it is within the boundaries of the Central - Cocoanut Historic District the underlying zoning gives it potential for redevelopment as multi-family. The parcel immediately to the east is already permitted for 4 units possibly providing a design template. And, the property across the street has been creatively redeveloped using the same North Trail Zoning parameters. It is on a street with significant, historic houses but this one is valued being in the "path of progress" as Sarasota continues to grow north along the US 41 corridor. Nearby developments include the 14th Street roundabout, The Sarasota Bay Club and The Bay Sarasota, a developing city park on 53 acres of city-owned land on Sarasota Bay. The Ringling College of Art and Design is just to the north and the waterfront Centennial Park is just across the street.
Listing By COLDWELL BANKER REALTY
Data Last Updated 6:06AM - 9/26/2021
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