$249,000

1468 19TH STREET, Sarasota, FL 34234

  • 3 beds |
  • 1 bath |
  • 1,134 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $220/sqft
  • Property List Date Icon 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bay Haven School of Basics Plus

2901 W Tamiami Cir, Sarasota, FL, 34234

Grades KG-5

0.84 miles away

S

Sarasota Military Academy

801 N Orange Ave, Sarasota, FL, 34236

Grades 6-12

0.70 miles away

S

Sarasota Military Academy

801 N Orange Ave, Sarasota, FL, 34236

Grades 6-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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