40TH STREET Sarasota, FL ^$ 949,000

40TH STREET

^$ 949,000

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40TH STREET

Sarasota, FL, 34234

^$ 949,000

Studio Baths0.0

Monthly Estimate*

^$ 5,843

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Studio

Lots and Land for sale in Sarasota, FL

for $949,000. The lot size is 0.18.

Amazing Investment Opportunity! This property is being sold with 2 other adjacent properties. For a total of 2 Buildable Vacant Lots and another Larger Property that has a Triplex with 2 Extra Attached Mother-n-law Suites. All within the City Limits! The Potential ANNUAL NET RENTAL INCOME is $72,000! There are tenants already there renting month to month but they are hoping to sign a longterm lease with the new owner. The other two PID #'s are 0026 12 0058 and 0026 12 0054. Look up the MLS Number A4688091 for more details on the included property with the Triplex. Make your appointment Today!

Lots and Land Active

Price

^$ 949,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,042

Style

Lot Size

0.18

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4690389

Features

General

Sewer Public Sewer

Utilities BB/HS Internet Available Cable Available Electricity Available Sewer Available Water Available

Zoning RSF3

Pets Allowed Yes

Tax Year 2025

Current Use Residential

Ownership Fee Simple

Additional Parcels Description 0026 12 0058 0026 12 0054

County Sarasota

Property Type Land

Subdivision Name PALM GROVE

Facing Direction South

Status Active

Directions Driving North on US 41 from Downtown Sarasota Turn Right on Myrtle st Turn Left on Central Ave Turn Left on 40th st. Property is on the right.

City SARASOTA

MLS Area 34234 - Sarasota

Lot Size Units Square Feet

Lot Size Square Feet 7763

Listing Terms Cash

Tax Annual Amount 1042

Additional Parcels Y/N true

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4690389

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Tax Lot 6

Legal Description LOT 6 & W 1/2 LOT 7 BLK G PALM GROVE

Water Access Y/N false

Water View Y/N false

Flood Zone Code AE

Interior

Total Baths 0

Exterior

Vegetation Trees

Lot Features Buildable City Lot

Water Source Public

Lot Size Area 7763

Lot Dimensions 75 x 103

Lot Size Acres 0.18

Road Surface Type Asphalt

Waterfront Y/N false

Road Frontage Type City Street

Number of Lots 3

* Excluded Features

List By

Preferred Shore Llc

Broker

jeremysellssrq@gmail.com

Affordability Calculator

$5,930

Per Month

Monthly Principal & Interest: $5,843
Monthly Property Taxes: $87
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Sarasota, FL

Average List Price ^$1,569,359

Percent of Sale Price 65%

About Sarasota, FL

55,052 Population

5% Since 2002

^$46,682 Median Income

45.17 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2026	$949,000		Listed Price

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40TH STREET, Sarasota, FL, 34234 is a Lots and Land for sale at $949,000 with a lot size of 0.18. 40TH STREET is a studio with 0.0 baths. The property's zip code is 34234 which is in Sarasota, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. 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.

Data is updated as of 4/17/2026.

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40TH STREET

Lots and Land for sale in Sarasota, FL

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