Prime Development Opportunity at 325-449-495 Golden Gate Point

Vacant Land for Sale
Catylist Listing ID: 30731783
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 51,418 SF
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/16/2021

Overview / Comments

The Golden Gate Point Peninsula has played an important role in Sarasota's 100+ year history. Situated only minutes to Downtown Sarasota to the East and world-class St Armand's Circle, Lido Key amd Longboat Key to the West, beaches, boating, fishing, kayaking, fine dining and cultural attractions are all within easy reach of this spectacular Sarasota Bay location.

From modest beginnings in the early 1900's Golden Gate Point has evolved to become a unique residential destination with increased property values on re-developed parcels. We are proud to represent one of the few 1+ acre sites on this lovely peninsula. The 27 unit Town House Condominium was built in the 1970's and occupies the Southern portion of the center oval.

This Bulk Purchase opportunity is being offered via a 'Request for Proposal (RFP)' There is no specific asking price. The details describing the criteria for the RFP are on the last page of the attached Offering Memorandum or as a stand-alone document.

Contact listing agents for further information:
Elliot Rose 941-812-5057
Chelsa Vahtomin 941-718-8384

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota City
Tax ID/APN: 0000007175; 2010092001/2027
Zoning: RMF-5
Property Located Between: Off John Ringling parkway just West of Tamiami Trail.
Property Visibility: Good
Legal Description: PID's: 0000007175 & 2010092001/2027 Lots 14, 15, 16, 17, 18 & 19, Block B, Golden Gate Point, Plat Book 1, Page 135, a/k/a Town House Condominium
Largest Nearby Street: John Ringling Parkway
Airports: SRQ 20 minutes
Site Description: Currently developed. Candidate for re-development. All utilities at site.
Area Description: Minutes to Downtown Sarasota and the barrier islands.
Lot Frontage: See attached survey
Lot Depth: See attached survey
Zoning Description: RMF-5 25 units can be built per acre
Part of Planned Development?: Yes
Development Name: Golden Gate Point
In Flood Plain?: Yes
Topography: Level
Easements: Utilities
Easements Description: Utility easements
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,170 65,854 151,442
Median Age: 56.1 45.62 48.32
Households: 3,899 29,608 70,248
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