by Global Lifestyle Properties

Check Availability
$2,500,000
● House - For Sale

1891 PROSPECT STREET

SARASOTA, FL 34239
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,091 Ft²
$13,133
Est. Monthly

About This Property

Discover this UNIQUELY RARE OPPORTUNITY in the Coveted West of the Trail Neighborhood, amongst other very beautiful multi-million-dollar homes (two back-to-back lots, 1891 Prospect with frontage of 88' and 1894 Loma Linda with frontage of 78' and  with depth of 296' for a total of both properties). The property on Loma Linda side is located on a quiet cul de sac at the end of the street.  The two properties situated over half an acre have sewer and electric ready at the property and mature grand palms.   Explore the potential opportunities this unique property offers!  In combining these two lots you will have endless opportunities to customize the property to your vision. Whether you're seeking a family compound, multi-family development, or a dream home with additional income potential, this property delivers unmatched flexibility.  Generate immediate income with existing rentals-Prospect is currently rented at $2,450 annually, and the adjacent lot Loma Linda is listed at $4,800 for annual rental-or live in one home while you plan and build on the other. With no flood zone concerns and established electrical and sewer connections, the property is ready to bring your vision to life.  Location is exceptional with "A" rated Southside Elementary School, minutes to Southside Village shops and dining options, minutes to Sarasota Memorial Hospital, Downtown Sarasota and all the cultural amenities, Siesta Key beach and St. Armand's Circle. Don't miss this rare opportunity to create your perfect Sarasota retreat! Sold "as is."
Unit Size
1,091 Ft²
Days on Market
230 days
Land Size
0.56 acres
Price per sqft
$2,291
Property Type
House
Property Taxes
$857
HOA Dues
-
Year Built
1950

Listed By

Beth Harris
COMPASS FLORIDA LLC

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Last updated: 4 months ago (Stellar MLS #A4685965)

Price History

Date / Event Date Event Price
Jul 9, 2026 Relisted $780,000
Relisted
May 1, 2026 No longer available -
No longer available
Mar 14, 2026 Listed by COMPASS FLORIDA LLC $2,500,000
Listed by COMPASS FLORIDA LLC
Mar 8, 2022 Sold
Sold
Dec 9, 2021 Listed by COMPASS FLORIDA LLC $779,000
Listed by COMPASS FLORIDA LLC
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Property Highlights

Air Conditioning
Parking Details
Has Carport
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s)
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring Type: Luxury Vinyl
Laundry Features: Inside
Rooms: 3
Exterior Details
Square Footage: 1091
Square Footage Source: $0
Year Built: 1950
Building Area Total: 1091
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood Siding
Lot Size Area: 24483
Lot Size Units: Square Feet
Lot Size Acres: 0.56
Lot Size Square Feet: 24483
Lot Size Dimensions: 14 x 78 x 296
Tax Lot: 25
Water Source: Public
Financial Details
Tax Annual Amount: $10,285
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 1
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 11,063
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,091
  • Gross Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FLOYD & CAMERON SUB
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 25 & E 1/2 LOT 24 BLK A FLOYDS SUB

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000501

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 18
  • Account Number: 2037010056
  • Subdivision Tract Number: 195
  • Parcel: 2037-01-0056
  • Block: A
  • Lot: 25
  • Meridian: SEC 30 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3212
  • Longitude: -82.532

    Address

  • Full Address: 1891 Prospect St
  • Address - House Number: 1891
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C078
  • 4-Digit Zip Code: 2216
  • Zip Code: 34239

Valuation

    Tax

  • Total Area: 1,436
  • Tax Year: 2023
  • Tax Amount: $962,564
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 836,143
  • High Value: 997,901
  • Low Value: 674,385

    Market Valuation

  • Market Total Value: $639,200
  • Market Land Value: $557,900
  • Market Improvement Value: $81,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $639,200
  • Assessed Land Value: $557,900
  • Assessed Improvements Value: $81,300

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39584
  • Previous Sale Recording Date: Apr 30, 1997
  • Previous Sale Contract Date: Apr 30, 1997
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hudson Bayou


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Frequently Asked Questions

When was property at 1891 Prospect Street built and last sold?
The property at 1891 Prospect Street was built in 1950 and last sold on Feb 25, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 1891 Prospect Street is $2,324,939.
What are some comparable homes to 1891 Prospect Street?
There are currently no comparable homes to 1891 Prospect Street.