Land Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30533757
Property Subtypes: Multi-Family, Office, Residential (Single Family), Other
Gross Land Area: 106,885 SF
Sale Price: $1,100,000
Unit Price: $10.29 PSF
Sale Terms: Undisclosed, Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/3/2020

Overview / Comments

Fantastic land development opportunity on desirable Fruitville Rd. 2.45 acres of land. Future land use includes ALF, Office, Medical, and Multi-family (requires re-zone). Multi-family is up to 31 units, 13 units per acre. Roughly 175 feet of frontage on Fruitville Rd. Great visibility from both east and west directions. Easy access to I-75, downtown Sarasota, and University Town Center Mall. The property is surrounded by office, ALF, and multiple apartment developments.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Public Records
Tax ID/APN: 0044140011
Zoning: RESIDENTIAL SINGLE FAMILY (RSF-2)
Property Located Between: Fruitville Rd. & Honore
Legal Description: PID: 0044-14-0011
Largest Nearby Street: Fruitville Rd.
Feet of Frontage: 175
Highway Access: I-75, US-41
Airports: SRQ, Tampa International, Venice Regional
Lot Frontage: 175
Lot Depth: 569
Zoning Description: RSF-2; Residential Single Family

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,124 81,670 186,513
Median Age: 44.81 46.08 47.48
Households: 3,495 36,192 83,428

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