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About this home
Mango Ave is a home in Humphreys Sub, Sarasota. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
OPPORTUNITY KNOCKS!! CALLING ALL INVESTORS!! This Property is located in an area that allows Affordable Housing Homes to be built. It is being sold along with 4 other connected lots which once combined will allow up to 15 Units to be built and leased (According to the Sarasota County Zoning Department). It is Centrally Located with easy access to Downtown Sarasota, Gulf Beaches, and the UTC. There are plenty of Restaurants and Shopping Centers nearby, along with the Orioles Spring Training Baseball Stadium just a few blocks away! The following 4 parcels are included with this sale: By PID# 0043-05-0006, 0043-05-0007, 0043-05-0009, 0043-05-0010. The TOTAL ACREAGE is almost .86 Acres. Ready for you to build your next Investment Property. There are 2 separate houses on these lots right now that are rented with tenants in place generating $4,000 per month. Make an Appointment to see this Property Today!
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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
$750,000
Time on market
15 days
Monthly payment
About $4,346/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $710 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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