Preferred Properties – Listing Details
Listing IDR4906768
Price$1,200,000$10.8M
StatusActive
Bedrooms2
Total Baths1
Full Baths1
SqFt
1,266
Acres
2.270
CountySarasota
SubdivisionDesoto Acres
Year Built1977
Property TypeResidential
Property Sub TypeSingle Family Residence
Auction Property. Multiple offer received, all buyer must submit the best and highest offer before 3/28/2023 5:00 PM. SILENT AUCTION UNTIL RESERVING PRICE are MET NO LATER THAN 3/31/2023 5 PM. Start bidding price is $800,000, no emails will be replied to any offer lower than that. Rare opportunity, sought after location "in the city of country living", you can park your RVs (with water and electric on the spot), boats, trailers, have horses, build steel buildings, sheds, carports, plant vegetables, etc. No deed restrictions, HOA fee is $35 a year optional. This 2 bedroom one shower frame home sits on 2.27 acres fenced with 4 sides concrete block walls with a gate, main house was burned in 1990's, this house has a direct access to a concrete block built (35" tall of 20' x 40') indoor racquetball room, is next to 3 horse stables and next to the house is a tennis court, there is an indoor Saunna room and jetted spa. Swimming pool with newer pump (2019) of 12' deep is located in the center of the lot where the main house was located before had the fire on a Christmas even in 1990's, yard has matured oak trees which gives you shades in the summer. Newer well water pumps, tank, pressure switches, metal roof with total of 3300 square foot roof covers racquetball room, the home, the 2nd story room and 3 horse stables. 80 gallon water heater, purified water inside the house, water softener by the well water pump, sink disposal, septic tank lift station motor, main entrance fiber glass door were all replaced in 2012, racquetball room now has smooth concrete floor (wood floor is not there any more in the old picture), value most on concrete block building of indoor racquetball room, 4 sides blocked concrete fenced walls, land of 2.27 acres, the blocked concrete fenced 4 walls can build 5+ houses?), Front draining system cost $20k in 1990's, no ditch in front, so guests can park cars on the curb of the street, trash containers can be put on the curb of the street. Back is owned by FPL. west of a house over is commercial golf carts and roofing company, businesses stores facing to 301, potential is unlimited. the building of 35' tall of block built racquetball room which has much more value than the steel building. All information on dimensions, rooms etc about the property were not measured nor confirmed by listing agent, they must be verified by buyers and buyer's agent. Pictures are old, new photos will be uploaded after remodels are all done. Build your mansion or develop it to your desired business are all up to you, this location two sides are next to commercial businesses, so apply to the county, potentials is unlimited. Neighbor's properties sold from $500's to $1.9 million were had no blocked concrete fenced 4 sides walls. Seller financing possible. for sale AS IS for CASH, lease options, rent to own, owner financing available, SELLER DO NOT DO ANY REPAIRS, no contingencies, (Rejected offers before), NO LOW BALLS. All Offers must be submitted with POF, buyer's POF must be verified before showing date on or before (3/31/2023), listing agent will set only ONE viewing time for all bidders on or before the end of the auction. Seller has the right to end the silent auction at any time if there are situations unavoidable or unbeatable without notice. Seller is the listing agent. Happy Bidding & Good Luck.
County
Sarasota
Price Before Reduction
12000000
Price Reduction Date
2023-03-21T04:27:45+00:00
Property Sub Type
Single Family Residence
Property Type
Residential
Subdivision
Desoto Acres
Year Built
1977
Zoning
RE1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Building Area Units
Square Feet
Cooling Type
Central Air
Fireplace
no
Flooring
Ceramic Tile
Heating Type
Central
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo
Levels
One
Living Area Meters
117.62
Living Area Source
Public Records
Living Area Units
Square Feet
Room Count
10
Stories Total
2
Carport
no
Construction Materials
Block, Stucco, Wood Frame
Exterior Features
French Doors, Tennis Court(s)
Foundation Details
Slab
Garage
no
Homestead
yes
Lot Size SqFt
98672
Lot Size Square Meters
9167
Pool Features
In Ground
Pool Private
yes
Road Surface Type
Concrete
Roof
Metal
Sewer
Septic Tank
Total Acreage
2 to less than 5
Utilities
Cable Connected, Electricity Available, Electricity Connected
Water Access
no
Water Extras
no
Water Source
Well
Water View
no
Waterfront
no
Association
yes
Association Approval Required
no
Building Area Source
Public Records
Building Area Total
3300
Community Development District
no
Country
US
Direction Faces
North
Flood Zone Code
X
MLS Area Major
34234 - Sarasota
SW Subdivision Community Name
Desoto Acres
Township
36S
Association Fee
35
Association Fee Frequency
Annually
Association Fee Requirement
Optional
Auction Prop Access
no
Auction Type
Reserve
Available For Lease
yes
Current Price
1200000.00
Existing Lease Tenant
no
Listing Terms
Cash, Lease Option, Lease Purchase
Minimum Lease
No Minimum
Monthly HOA Amount
2.92
Ownership
Fee Simple
Ratio Current Price By Calculate
947.87
Special Listing Conditions
Auction
Tax Annual Amount
2906.16
Tax Block
F
Tax Book Number
4-41
Tax Lot
19
Tax Year
2021
Total Annual Fees
35.00
Total Monthly Fees
2.92
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Sunday, March 26th, 2023 at 02:40:49 AM.
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