Home for sale in PALM GROVE $269,000
1333 MYRTLE ST SARASOTA FL 34234 PALM GROVE $269,000
Although you may find the pictures of this vintage cottage interesting, please know the “value is in the land”. This house has been occupied as recently as July 2021, but the structure requires significant TLC by most standards. The property is big enough to be two large single family homesites and that’s what is really being marketed. Over 15,000 square feet of land shaded by historic tree canopy in the Sarasota subdivision of Palm Grove. This is the upper reach of Whitaker Bayou and near many historic homes and long-time residences including the almost adjacent Sarasota Succulent Gardens. In fact, the property has belonged to the same family for almost 100 years which is why the relatively undisturbed, majestic landscaping is so magical. This opportunity presents several options…maybe put some sweat equity in to the cottage and continue with rental income or the finest “glamping” in town…maybe get busy on the subdivide and plan two new homes, each with an accessory dwelling unit recently approved by the City Commission…maybe bring your seasonal RV and park it minutes from downtown Sarasota, marinas, beaches, and shopping districts…whatever you choose you will be on some of the most coveted land of the last century in the City of Sarasota. Myrtle Avenue has been recently improved with sidewalks, cross walks and a roundabout. Booker High School, a nationally recognized Arts Magnet is a block away. The property sits between Ringling College of Art and Design and FSU’s honor program, New College of Florida. City water, city sewer, electric and natural gas provide a foundation for future development.
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Lee ForbesThis property is listed by Coldwell Banker Realty. Forbes Property Group may represent you as a Buyer's Broker.
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