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.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0017011002
Zoning: RSF3

View FullscreenMap

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


Photograph of Listing Agent

Amy Lyon MacDougall

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Moody's assume any liability for errors or omissions.