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About this home
1300 Loma Linda CT is a home in Loma Linda Park, Sarasota. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Rare oversized East of the Trail redevelopment opportunity in one of Sarasota's most desirable residential neighborhoods. This exceptional approximately 13,788-square-foot (0.32-acre) homesite offers outstanding flexibility for builders, developers, investors or buyers seeking to create a custom luxury estate. Zoned RSF-4 within the City of Sarasota, the parcel includes valuable existing improvements that provide immediate utility while future plans are developed. Existing improvements include an approximately 1,290 sq. ft. cottage and a newer permitted 2020 concrete block structure totaling approximately 1,458 square feet. The detached building functions as a garage/workshop with two mini-split HVAC systems and a full bath and may provide an excellent potential for conversion to guest quarters or an accessory dwelling (subject to approvals). The property is highlighted by a mature grand oak situated along the south side of the lot, preserving excellent development flexibility across the remainder of the parcel. Located just minutes from Downtown Sarasota, Sarasota Memorial Hospital, Southside Village, Siesta Key, Lido Key, St. Armands Circle and The Bay Park, this property offers an exceptional combination of location, size and future potential. Potential exists to potentially divide the property into two luxury homesites, subject to confirmation and approval by the City of Sarasota. Opportunities of this size and location are increasingly rare in Sarasota's desirable East of the Trail corridor.
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$749,900
Time on market
94 days
Monthly payment
About $5,041/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,058 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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