1666 23RD STREET SARASOTA FL 34234 Sold 03/19/2025

Overview of 1666 23rd St

Looking for savvy investors only…because they know looks can be deceiving. While actually built in 1930, the effective year built is 1987. Opportunity is knocking…literally. Located in ‘opportunity zone 3,’ where investors can take advantage of preferential tax treatment and special community lending—see revenue code 1400z-1 and 1400z-2 for details. This 4 bedroom 2 bath home is poised to make someone some money. The ‘how’ is up to you. Option 1) as a rental for the last 20+ years (as recently as february 2025), this property is a cash cow. Sarasota housing authority section 8 standards offers up to $2772/month for 4-bedroom homes in this zip code. Option 2) this home is positioned and priced perfectly as a rehab project. A little tlc would go a long way while still qualifying as ‘affordable housing’ on the back end, even with a tidy profit built in. Option 3) join the new construction bandwagon and be one of the many brand-new homes popping up in the area, then sell it or rent it out and reap the rewards for years to come. Best of all, this property has no deed restrictions, offers low taxes, is not in a flood zone, is located in evacuation zone d, and sustained no flood or storm damage. If you’re looking for a great deal on a great house, then this is the one! Hurry over & get ready to make an offer before it’s gone. This motivated seller is ready to close.

This lovely single family home was built in 1930 and features 4 bedrooms, and 2 full bathrooms. This home for sale is 1,430 square feet, with 1,430 sq ft being air conditioned living space. The home has a does not have a private swimming pool.

Directions to this property are as follows: From I-75, Exit Fruitville Rd (#210) And Head West For Approximately 5 Miles. Right/north On Washington Blvd/us301 For 1 Mile. Left/west On 17th Street. Right/north On N. Orange Ave. Right/east On 23rd Street. The Home Will Be Halfway Down The Street, On The Right.

Please contact your ZFC agent for more information about MLS# MFRA4641730 or any other homes for sale in Sarasota or elsewhere in the Sarasota County area.