ICYMI: Price Of Historic Sarasota House For Sale: $1 (Yes, One Dollar)

Homebuyers on the prowl for a real steal might find a property in Sarasota intriguing.

With a $1 price tag, it’s the cheapest find around. But, there is a catch for whoever buys this historic 2,300-square-foot home: it has to be moved.

The costs associated with moving the home could tack up to $130,000 onto the actual price for the buyer. Plus, there’s property to consider. Add to that the fact the home is wider than nearby streets and the need to cut it in half and have it reassembled on a new site comes into play, the Sarasota Herald-Tribune pointed out. Home movers have also suggested the second story converted attic should be removed before relocation.

While that adds up to a lot of work for a $1 purchase price, the home’s owners, Robert and Julie Henry, are hopeful someone will want to own a piece of Sarasota history. The Henrys bought the house back in June for about $605,000, according to The Tampa Tribune. The two find the home in one of Sarasota’s oldest neighborhoods too antiquated for their tastes. It was built in the 1920s, according to Zillow.com.

“It is speculated that this home, once deemed the ‘farm house,’ was part of a group of parcels originally owned by Charles Elliott Abbe, Sarasota’s first postmaster,” Zillow’s property description states.

The home also has ties to Sarasota’s Silvertooth family. Lynn N. Silvertooth was a longtime judge for whom the Sarasota County Judicial Center is now named.

Located at 1215 Pomelo Ave., the home has four bedrooms and three bathrooms. The master suite is on the first floor, according to Zillow, and the kitchen fully renovated. Michael Saunders & Co is representing the Henrys in the sale.

Photo Credit: Zillow.com

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