Paver Park Estates, Sarasota, Florida
At first glance, there is nothing about Paver Park that may stand out in the grand scheme of Sarasota real estate.
The homes were built primarily in the 1950's, and are small and old. Although some have been updated, many retain the old charm of their original owners.
But its the location of these homes, as well as their price, that should make investors sit up and take notice. The neighborhood is mere blocks to downtown, yet has a small community comfortable feel. Stroll down Ringling Boulevard and you can be on the Bayfront, or perusing the downtown shops before you know it. Another interesting point about this location - it has an old railroad track along both the west and south borders. Those in the know realize the the very popular Legacy Trail, currently running from south Sarasota through Osprey, should one day run the length of the old tracks through all of Sarasota. Should this happen, Paver Park will have not only a great downtown location, but a popular biking/walking trail right in its backyard.
Homes can often be purchased for under $100,000 and most often under $150,000, making this well placed community an attractive possibility for Sarasota real estate investors and first time buyers.