Listing Details for MLS # A4620640
2210 Palm Terrace, Sarasota, Fl 34231

Residential Property - Single Family Residence in Sarasota

Listing Price: $480,000Days on Market: 50

Description of Property

This charming mid-century home, situated on a spacious 15,400 sq ft lot, is located in the original blocks 2 & 4 of the Ridgewood subdivision. While it may need some finishing touches to reach its full potential, the property offers immense possibilities. The double sized lot allows for it to be divided into two, as similar sized lots in the area have done, though this should be confirmed with the zoning department. Nestled in a trendy neighborhood just blocks from Trader Joe’s and Walt’s Fish Market, and near the upcoming Bath & Racquet Club, the location is ideal. The lot features seven large trees and ample space for an urban compound, including room for a pool and guest house. The house itself is a solid block structure with an open layout. The terrazzo floors have been exposed and are ready for restoration or a new flooring application. Recent updates include new interior doors, a new water heater, a new metal roof, a new washer and dryer, and a new AC motor. Although the tax records list it as a 3/2, it is currently a 2/2, as the front room lacks AC, which can be easily added.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $680,269. This single family residence is listed at about 71% of the average asking price. There are 26 3 bedroom/2 bath homes between $400,000 and $600,000 currently listed for sale in this Zip code. See other listings like this one »