1468 19TH STREET, Sarasota, FL 34234
- 3 beds |
- 1 bath |
- 1,134 sqft
Single-Family Home
Built in 1960
9,583sqft lot
—— car garage
$220/sqft
Listed 22 hours ago
Property Description
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 ¼ 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.
- Listing Status:
- Active
- Date Added:
- July 21, 2025 at 05:00AM
- Listing Office:
- LPT REALTY, LLC : 877-366-2213
- Listing Agent:
- Cheryl Edwards : 941-224-2344
- MLS ID:
- A4659472

- General: Ceiling Fan(s)ThermostatVaulted Ceiling(s)
- Rooms: Inside Utility
- Appliances: Electric Water HeaterRangeRefrigerator
- Laundry: InsideLaundry Room
- Flooring: LaminateTile
- A/C: Central Air
- Heating: CentralElectricHeat Pump
This listing courtesy of Cheryl Edwards, LPT REALTY, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Bay Haven School of Basics Plus
2901 W Tamiami Cir, Sarasota, FL, 34234
Grades KG-5
0.84 miles away
Sarasota Military Academy
801 N Orange Ave, Sarasota, FL, 34236
Grades 6-12
0.70 miles away
Sarasota Military Academy
801 N Orange Ave, Sarasota, FL, 34236
Grades 6-12
0.70 miles away