Vacant Land for Sale
Catylist Listing ID: 30850374
Property Subtypes: Residential (Single Family)
Gross Land Area: 5,000 SF
Sale Price: $1,200,000
Unit Price: $240 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

Rare opportunity to purchase a vacant parcel in Towles Ct. This 5,000/SF lot represents an opportunity to develop new construction in a unique area with all the amenities Downtown Sarasota has to offer. This property is located in the Opportunity Zone, DTE (Downtown Edge) Commercial Zoning, Allows up to 5 Stories, In the potentially approved Attainable Housing Overlay, Potential of up to 100 units per acre.

Additional parcels can be purchased.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2027080054
Property Located Between: Nestled Between The Downtown Energy And An Established Neighborhood!
Site Description: Perfectly located between S. Links Ave. and S. Washington Blvd. on Adams Ln.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,966 86,030 169,680
Median Age: 46.68 45.48 48.03
Households: 7,783 38,405 78,011
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