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Rebecca L Compton
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REALTOR®
(812) 240-2141
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$949,000

40th Street Sarasota, FL 34234 Land - Residential Active

  • 40th Street , Sarasota, FL 34234 Main Photo

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Description

Amazing Investment Opportunity! This property is being sold with 2 other adjacent properties. For a total of 2 Buildable Vacant Lots and another Larger Property that has a Triplex with 2 Extra Attached Mother-n-law Suites. All within the City Limits! The Potential ANNUAL NET RENTAL INCOME is $72,000! There are tenants already there renting month to month but they are hoping to sign a longterm lease with the new owner. The other two PID #'s are 0026 12 0058 and 0026 12 0054. Look up the MLS Number A4688091 for more details on the included property with the Triplex. Make your appointment Today!

Property Highlights

Property Type: Land - Residential
Lot Size: 0.18 Acres
Taxes: $1,042

General Information

County: Sarasota
Subdivision: PALM GROVE
Listed By:
Jeremy Egglefield PREFERRED SHORE LLC 941-999-1179

Property Features

Directions: Driving North on US 41 from Downtown Sarasota Turn Right on Myrtle st, Turn Left on Central Ave, Turn Left on 40th st., Property is on the right.
Flood Zone Code: AE
Home Warranty Y/N: No
Listing Terms: Cash
Lot: Buildable, City Limits
Lot Dimensions: 0.18
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Vegetation: Wooded
Water: Public
Water Access Y/N: No
Zoning: RSF3
$949,000
New to the Market Active
LOT SIZE 0.180 acres MLS#A4690389
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONPALM GROVE

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40th Street , Sarasota, FL 34234.

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Estimated Payment

$ 3,564.44 per month $3,200.82 Principal & Interest $86.83 Property Tax $276.79 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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About this community

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 5:59:37 AM EST) or Stellar MLS (last updated Fri 04/17/2026 1:59:06 AM EST). Real estate listings held by brokerage firms other than Wagner Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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