1891 PROSPECT, SARASOTA, FL, 34239 — photo 1
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1891 PROSPECT, SARASOTA, FL, 34239

$2,500,000

2 Beds1 Baths1,091 Sq FtBuilt 19500.56 Acres

About This Property

Discover this UNIQUELY RARE OPPORTUNITY in the Coveted West of the Trail Neighborhood, amongst other very beautiful multi-million-dollar homes (two back-to-back lots, 1894 Loma Linda with frontage of 78’ and 1891 Prospect with frontage of 88’ with depth of 296’ for a total of both properties). The property on Loma Linda side is located on a quiet cul de sac at the end of the street. The two properties situated over half an acre have sewer and electric ready at the property and mature grand palms. Explore the potential opportunities this unique property offers! In combining these two lots you will have endless opportunities to customize the property to your vision. Whether you're seeking a family compound, multi-family development, or a dream home with additional income potential, this property delivers unmatched flexibility. Generate immediate income with existing rentals—Loma Linda is currently rented at $5,500 annually, and the adjacent lot is listed at $2,600 for annual rental—or live in one home while you plan and build on the other. With no flood zone concerns and established electrical and sewer connections, the property is ready to bring your vision to life. Location is exceptional with “A” rated Southside Elementary School, minutes to Southside Village shops and dining options, minutes to Sarasota Memorial Hospital, Downtown Sarasota and all the cultural amenities, Siesta Key beach and St. Armand’s Circle. Don’t miss this rare opportunity to create your perfect Sarasota retreat! Sold "as is."

Subdivision

FLOYD & CAMERON SUB

Status

Active

Listed By

COMPASS FLORIDA LLC

Days on Market

14

Mortgage Calculator

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Est. Monthly Payment

$15,037

30-yr fixed · 20% down · 6.875%

Principal & Interest$13,139
Property Tax (actual)$857
Est. Home Insurance~0.5% est.$1,042
Total / month$15,037
Loan amount$2,000,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

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MLS# 1e2e5ebb33cf183d60b6c2afa88f7852

Location