1006 N Florence Ave, Sandpoint, ID 83864 (MLS# 25-487)


$685,000
1006 N Florence Ave
Sandpoint, ID 83864
MLS# 25-487
3 beds  |  2 baths  |  1596 sqft


1006 N Florence Ave, Sandpoint, ID 83864
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Property Description
Attention investors and developers: Don't miss this exceptional opportunity to transform 0.41 acres of Residential Multifamily-zoned land, spanning five city lots, into a lucrative investment. With endless potential for high-density development, this property is primed for success. With coveted multifamily zoning, this property allows for the development of up to 8 townhouses (buyer to verify with city planning). Strategically located on a corner lot near Hickory Park and just blocks from Super 1 Foods, this site offers the perfect blend of convenience, visibility, and appeal for future residents. The existing 3-bedroom, 2-bath home could serve as a rental while you finalize development plans. Highlights include an open floor plan, spacious kitchen with ample cabinetry, and a nearly wrap-around deck. Two bedrooms on the main floor and a private master suite upstairs make it a functional option for interim use.

Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Site Built < 2 Acre
Income Producing: No
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2025-01-15
List Price: $685,000
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Residential - Single Family
Building Style: Multi-Level
Basement: No
Garage Type: Det Shop
Garage Stall: 2 Car
Total Bedrooms: 3
Total Bathrooms: 2
Total SqFt.: 1596
SqFt Source: Assessor
Lot Size: 17,642
Lot Acres: 0.41
Year Built: 1908
Remodeled: Yes
Year of Remodel: 2008
New Construction: No
Lot Type 1: Duplex/Multi
Legal and Taxes
Legal: 15-57N-2W GRAHAMS ADDN BLK 4 LOTS 8,9,10,11 & 12
AIN/Tax Bill: 11651
Parcel Number: RPS0155004008A
School District: Lk Pend Oreille - 84
Zoning: Res/Multi Famil
Taxes: 2638.48
Tax Year: 2024
Taxes Reflect 1: Exempt
Subdivision: N/A
Directions: Take Boyer Avenue and turn left onto Spruce Street. The home is located at the corner of Spruce and North Florence, directly across from Hickory St park.
Remarks
Public Remarks: Attention investors and developers: Don't miss this exceptional opportunity to transform 0.41 acres of Residential Multifamily-zoned land, spanning five city lots, into a lucrative investment. With endless potential for high-density development, this property is primed for success. With coveted multifamily zoning, this property allows for the development of up to 8 townhouses (buyer to verify with city planning). Strategically located on a corner lot near Hickory Park and just blocks from Super 1 Foods, this site offers the perfect blend of convenience, visibility, and appeal for future residents. The existing 3-bedroom, 2-bath home could serve as a rental while you finalize development plans. Highlights include an open floor plan, spacious kitchen with ample cabinetry, and a nearly wrap-around deck. Two bedrooms on the main floor and a private master suite upstairs make it a functional option for interim use.
Address Information
Street Number: 1006
Street Direction Pfx: N
Street Name: Florence
Street Suffix: Ave
State/Province: ID
Postal Code: 83864
County: Bonner
Property Subject to
CC&Rs: No
Homeowners Assoc: None
LID: No
Non-Mtg Lien: None
Flood Zone: No
Aircraft Flight Zone: No
Fire Protection Dist: Yes
Fire Protection Name: Sandpoint
Miscellaneous
Sec: 15
Twn: 57N
Rng: 02
Rng Dir: WBM
Rooms per Level
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Bdrm(s): 2
1st Fl Bath: 1
2nd Fl Bdrm(s): 1
2nd Fl Bath: 1
Flooring
Wood: Hardwood
Property Features
Lot Features: Alley Access; Corner Lot; Level; Open
Interior Features: Fireplace
Common Walls: No Common Walls
Appliances: Dishwasher; Dryer, Gas; Range/Oven - Gas; Refrigerator; Washer
Fuel: Wood
Heating: Forced Air
Basement: None, Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: Cedar
Flooring: Carpet
Roof: Metal
Road: Public Maintained Road
Sewer: City Sewer
Terms Considered: Cash; Conventional
Supplements
Adding further value is a large detached shop with plenty of space for vehicles, storage, or projects. The fenced backyard and proximity to local amenities enhance its immediate rental potential or add appeal for redevelopment. Opportunities like thisspacious, zoned, and in a prime locationare increasingly hard to find in Sandpoint. Act quickly to secure this property and turn your vision into reality. Whether you're building modern townhomes or creating a profitable multifamily development, this is the opportunity you've been waiting for! Ready to invest? Schedule your viewing today and explore the possibilities!

Listing Office: Professional Realty Services Idaho

Last Updated: February - 03 - 2025

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Friday 7th of February 2025 04:36 AM