Looking for a perfect location to build your dream home? Or perhaps develop a minor subdivision? Look at this! Approximately 6 blocks (.8 miles) south of University Parkway (2 blocks south of Desoto Road) and just east of Lockwood Ridge Road at 51st Street! Only 3.8 miles to the University Town Center Mall and only 3.3 miles to the Sarasota International Airport! Parcel is an assemblage of three contiguous lots under the same ownership on 51st Street, measuring 2.11 acres total, starting at the third lot on the north side of 51st St from the corner at Lockwood Ridge Rd. Current zoning is RSF2/Residential, Single Family, 3.5 units/acre. Interesting property for a potential small single family subdivision or possibly rezone for townhomes/multi-family. All three lots have been freshly bush-hogged and enjoy the shade of several large oak trees.
Utilities
Electrical Nearby, Sewer Nearby, Telephone Nearby, Water Nearby
Lot Description:
Buildable, Cleared, In County, Near Public Transit, Street Dead-End
Elementary School:
Emma E. Booker Elementary
Middle School:
Booker Middle
0 51ST STREET, Sarasota, FL, 34235
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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