2 months on rocket

701 N Lime Ave, Sarasota, FL, 34237

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath
991 SqFt
$555/SqFt
House
Schools Nearby

Location

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701 N Lime Ave, Sarasota$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1948
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
MLS #A4602905
Lot Size0.19 Acres
StatusActive

About 701 N Lime Ave

Investment Opportunity Knocking! Welcome to this close to downtown up and coming real estate gem, offering not only a home but a promising investment venture. This property boasts: 2 Bedrooms, 1 Bathroom: Perfect for comfortable living or lucrative rental potential. Open Concept Design: Enjoy versatility in your living areas, ideal for modern lifestyles. Bonus Room: Flexibility at its finest! Utilize it as a home office, guest room, or whatever suits your needs. Attached Garage: Convenience meets functionality with direct access to your vehicle. Two Lots, Can be Split: Double the potential! Explore options to divide the property, offering versatility for development or resale. Great for Duplex: With ample space and zoning flexibility, envision the possibilities for residential or commercial use. No Setbacks: Build all the way to the road hassle-free, maximizing the property's footprint. But that's not all! This property comes equipped with modern upgrades: Laminate Wood Vinyl Flooring: Enjoy the aesthetic appeal and easy maintenance of contemporary flooring throughout the home. New Granite Countertops: Enhance the kitchen's appeal with sleek and durable granite surfaces. New Roof (2022): Invest with confidence knowing the property is safeguarded by a recent roof replacement, ensuring long-term durability and protection. New Water Heater (2023): Experience peace of mind with a recently installed water heater, providing reliable hot water for years to come. Whether you're an astute investor eyeing lucrative opportunities or a homeowner seeking a move-in ready space, this property caters to both aspirations. Don't miss out on this chance to secure a sound investment and a comfortable living space rolled into one! Contact us today to schedule a viewing and seize this exceptional investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Living Area: 991 SqFt

Listing Office:

  • Office Name: THE SUNSHINE STATE COMPANY
  • Office Email: info@sscfla.com
  • Listing Agent: Heather Hawley

Interior Features

Interior Information:

  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Vinyl
  • Interior: Living Room/Dining Room Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 701 N Lime Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Booker High School, Public Magnet Grades 9-12
  • Booker Middle School, Public Magnet Grades 6-8
  • Tuttle Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Directions from I-75: Exit I-75: Take exit 210 West toward Sarasota. After exiting, merge onto Fruitville Rd. Continue Straight: Continue straight on Fruitville Rd for approximately 10 Miles. Turn Right onto Lime Ave Destination on the Right: Your destination, 701 Lime Ave, will be on your right-hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $555/SqFt

Tax Information:

  • Annual Amount: $2,223
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

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Sarasota, FL

City

Med. Sold Price

$519K

Med. Price/SqFt

$306

Avg. Days On Market

56

# of Sold Homes

593

701 N Lime Ave vs Sarasota

78 DAYS ON ROCKET

+22 Days

$550,000

+$30.9K More

$555/SqFt

+$248 More

KEY TAKEAWAY

This property is $30.9K more than the Median Sold Price and $248/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4602905

Listing Office:

  • Office Name: THE SUNSHINE STATE COMPANY
  • Office Email: info@sscfla.com
  • Listing Agent: Heather Hawley

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/28/2024, 4:19:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 2021Home Sold
$2,065,000
Jan 02, 2014Home Sold
$850,000
Aug 08, 2007Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,223$147,500
2019$1,963$102,780
2018$1,883$93,436
2017$1,747$112,700

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3811207
3
/10

  • Tuttle Elementary School

  • 2863 8th St

  • 0.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3811208
3
/10

  • Booker Middle School

  • 2250 Myrtle St

  • 1.83 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-3811209
3
/10

  • Booker High School

  • 3201 N Orange Ave

  • 1.84 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,769. The majority of Sarasota, FL residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 701 N Lime Ave

What is the listing price of this property?

The listing price of 701 N Lime Ave property is $550,000.

What type of property is this?

The property 701 N Lime Ave is a house located in Sarasota, Florida, 34237.

Is this property for sale now?

Active Listing: 701 N Lime Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 701 N Lime Ave are:
Tuttle Elementary School: GreatSchools Rating 3/10
Booker Middle School: GreatSchools Rating 3/10
Booker High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,223 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 10, 2021 for $2,065,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 701 N Lime Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 701 N Lime Ave is 991 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 701 N Lime Ave is 1948.

Rocket Homes›Florida›Sarasota County›Sarasota›34237›701 N Lime Ave

This home is located at 701 N Lime Ave in Sarasota, FL and zip code 34237 in the Park East neighborhood. This 991 square foot home, which was built in 1948, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $550,000.

In April 2024 more than 41 listings in Sarasota, FL were sold above the asking price. During the same period more than 90 listings were sold at asking price, while more than 462 were sold below. The number of listings in Sarasota, FL decreased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 56 days, the median list price was $519,031.

From Rocket Homes Real Estate and based on county public records data.

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