Grande Oaks Preserve
Vacant Land
for Sale
| Catylist Listing ID: |
30836941 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
3.08 Acres
|
| Sale Price: |
$3,900,000 |
| Unit Price: |
$1,266,233 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/16/2023 |
Overview / Comments
Unique opportunity to develop five residential condo buildings in Grande Oaks Preserve, a 30 acre gated community with majestic 100 year old oak trees. The community currently has 5 12-unit condo buildings, three small lakes, lighted tennis courts with viewing stands, a pool and clubhouse. This site is a tucked away haven, walking distance to the University Town Center which features over 100 stores and over 20 dining options, Popstroke golf, hotels, as well as Nathan Benderson Park. The area also features golf courses, medical facilities, world renowned beaches, and secluded preserve trails for hiking, biking and serenity. Grande Oaks Preserve is 1 1/2 miles from Interstate 75 interchange, 6 miles to SRQ Airport, and 8 miles from downtown Sarasota.
Density allows for 5 buildings totaling 65 units. The property is an assemblage of two parcels, totaling 3.08 acres, containing five fully approved building pads. The sale includes conceptual plans for 5 buildings. The building plans feature controlled access, garage parking, two story living with S-tiled roof systems. Developer may build other plan so long as style fits current community aesthetic. New build to create newly formed HOA and make use of separate gated entrance.
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Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
0017011002 |
| Zoning: |
RSF3 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,888 |
59,226 |
146,155 |
| Median Age: |
62.69 |
50.88 |
46.94 |
| Households: |
1,067 |
27,765 |
63,691 |
|
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