1264 18TH STREET

Sarasota, SARASOTA

$ 745.000,00

Description

Discover a rare multifamily investment opportunity on the near north side of Sarasota, located in the heart of the highly sought-after Central Cocoanut Historic District. This unique offering includes two adjacent parcels, providing exceptional flexibility for investors, developers or someone interested in a large single-family home with room to expand. One parcel features a solid masonry three-bedroom, two-bathroom home complete with an in-law suite created from a garage conversion. The home is a split plan and two of the bedrooms are “en-suite”. All three bedrooms have exterior access. The kitchen is bright and updated and opens to the shared lanai and utility room. In addition to the “in law” suite there is an attached studio, offering creative or rental potential. The neighboring parcel is a vacant lot, also zoned for multifamily use—giving you the freedom to design and build to suit your vision. Together, the properties allow for up to five total units, making this an ideal opportunity to expand your rental portfolio or develop a custom income-producing property in a prime location. Situated in a vibrant, walkable neighborhood with bike lanes, you’ll enjoy easy access to downtown Sarasota, along with its renowned dining, shopping, arts, and cultural amenities. The Ringling College of Art and design is just a few blocks away and the adjacent North Trail Corridor is experiencing some of Sarasota’s most dynamic development. A short 10-minute drive over the Ringling bridge lands you in St. Armands Circle and the beaches of Lido and Longboat Key.

Information

Property Details

Property Code : A4687775
Price : $ 745.000,00
Area : 1921 Sq Ft
Building Area : 2935 Sq Ft
Year of Construction : 1947
Property Category : Single Family Residence

Bedroom : 3
Bathroom : 2
Garage : Uninformed
Available on Market : 27/03/2026
Property Status : Residential Active
New Construction : No

More Information

Pets Allowed: Yes

Annual Tax: $ 5.773,82

Tax Year: 2025

Air Conditioning: Central Air, Wall/Window Unit(s)

Heating: Central, Electric

Public Utility Services: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Street Lights, Water Connected