1891 PROSPECT STREET

SARASOTA, FL 34239

Listing courtesy of COMPASS FLORIDA LLC · MLS# A4685965

$2,500,000

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Property Details

Bedrooms

Bathrooms

Square Feet

1,091

MLS#

A4685965

Listed

March 16, 2026

Description

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."

Facts & Costs

Property type: Single Family Residence
Year built: 1950
Lot size: 0.56 acres
Stories: 1
Price per sq ft: $2,291
Days on market: 198
Private pool: No
Waterfront: No
Community: Floyd & Cameron Sub
Subdivision: FLOYD & CAMERON SUB
County: Sarasota
Flood zone: X

Monthly & yearly costs

Property taxes: $10,285 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Luxury Vinyl
Roof: Shingle
Construction: Frame

Payment Estimate

$13,498 / month

Principal & interest: $12,641
Property taxes: $857
HOA: $0
Home insurance: enter below

Down payment (20%)$500,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Dishwasher
Dryer
Microwave
Range
Refrigerator
Washer
Ceiling Fans(s)
None

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:15 PM EDT. 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.

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