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$749,900

4842 + Lot 8 & 9 Nutmeg Avenue Sarasota, FL 34231 • Residential - Single Family • Active

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Description

Rare 27,600 Sq. Ft. Sanctuary in Sarasota - Move-In Ready Home & Adjacent Double Lot!This is a rare opportunity to own a massive 0.63-acre footprint in the heart of Sarasota. This unique package deal includes the move-in-ready residence at 4842 Nutmeg Ave (situated on a 13,800 sq. ft. double lot) plus the adjacent double lot (Lots 8 & 9, also 13,800 sq. ft.). Tucked away on a dead-end street in Madison Park, this combined offering provides the space and privacy of a secluded retreat while keeping you minutes from Siesta Key's famous quartz sands and the vibrant energy of Downtown Sarasota.There is also potential for additional footage: a petition for a Right-of-Way vacation could add approximately 6,000 sq. ft., potentially bringing your total estate to a sprawling 33,700 sq. ft. (0.77 acres).The residence itself is designed for comfort and style. Warm hardwood floors flow through an inviting living area with vaulted ceilings, leading to a modern kitchen outfitted with granite countertops, custom cabinetry, stainless steel appliances, and recessed lighting. The primary suite serves as a true escape, opening directly onto a private patio-the perfect spot for a morning coffee surrounded by greenery. With a brand-new roof (installed December 2023) and a new AC (2023), the home is truly turn-key.Outside, the possibilities are endless. With over 27,000 sq. ft. of land, you have the canvas to create an expansive private compound, a custom pool oasis, a guest house, or a lush tropical garden.Nature is literally at your doorstep. The property is positioned just moments from the 72-acre Red Bug Slough Preserve. You'll have easy access to miles of shaded trails, a tranquil lake, a butterfly garden, a fishing pier, and picnic spots. It's a slice of Old Florida living that is increasingly hard to find.Enjoy the best of the Gulf Coast from this central hub:Siesta Key Beach: 5 milesSarasota Memorial Hospital: 4.5 milesDowntown Sarasota & the Bayfront: 6.5 milesWhether you are looking for a move-in-ready sanctuary with room to grow or a massive lot to build your dream estate, this double-parcel package offers an exceptional Sarasota lifestyle.Package Deal includes PIDs 87030036 and 87030038.

Property Highlights

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central, Electric
Home Style: Traditional
Lot Size: 0.64 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $4,530
Year Built: 1984

General Information

Bedrooms: 3
Bathrooms: 2 Full
Sqft: 1,612
County: Sarasota
High School: Riverview High
Subdivision: MADISON PARK
Listed By:
Veronica Lee COLDWELL BANKER REALTY 941-366-8070

Amenities

Ceiling Fans(s)
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Stone Counters
Thermostat
Window Treatments
Rain Gutters
Storage

Room Information

Bedroom 2: 10x13
Bedroom 3: 10x12
Kitchen: 10x19
Living Room: 16x26
Primary Bedroom: 12x13
Den: 13x14

Property Features

Additional Rooms: Bonus Room, Den/Library/Office, Great Room
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Days on Site: 22
Directions: From 41, head East on Proctor, before you get to Beneva, Right on Camphor Ave. Left on to Austin. Left on Nutmeg. Property is at the end of the dead-end street at the end on the left side.
Exterior: Frame, Wood Siding
Fencing: Fenced, Wood
Flood Zone Code: X
Flooring: Ceramic Tile, Laminate, Wood
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot: Cleared, In County, Oversized Lot, Rectangle, Street Dead-End
Lot Dimensions: 0.64
Other Structures: Shed(s), Storage
Ownership: Fee Simple
Parking: Boat, Driveway, RV Access/Parking
Parking Notes: Boat, Driveway, RV Access/Parking
Patio/Porch: Patio, Rear Porch
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Supra Lock Box
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Blinds, Window Treatments
Zoning: RSF3
$749,900
3beds
2.0baths
1,612sqft
Active
BEDS3 BATHS2 full SQUARE FEET1,612 MLS#A4710437
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMADISON PARK

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4842 + Lot 8 & 9 Nutmeg Avenue, Sarasota, FL 34231.

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Estimated Payment

$ 3,125.51 per month $2,529.29 Principal & Interest $377.50 Property Tax $218.72 Homeowner's Insurance

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About this area

Florida/Sarasota
Sarasota

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About Sarasota

Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.” 

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