Residential Development Opportunity

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30821377
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 9 Acres
Sale Price: $8,000,000
Unit Price: $888,888 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2022

Overview / Comments

Fantastic development opportunity in the heart of central Sarasota. Approximately 9.0 +/- acres of vacant land space ready to be developed on the west side of the property. The site can hold approximately 40 residential single family homes. The site is unique due to the size and scope of the land. The land is one of the largest remaining tracts west of I-75. Ingress and egress on Meridale and Beneva Rd.

The site offers easy access to shops, restaurants, malls, parks, beaches, downtown Sarasota, Siesta Key, I-75, and excellent schools.

The site can be combined with the current estate. Contact agent for details.

Please contact agent for private showing.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Public Records
Tax ID/APN: 0099130002
Zoning: REI-RESIDENTIAL ESTATE
Property Located Between: Beneva and Clark Rd.
Legal Description: BEG AT NW COR OF LOT 4 OF BENEVA OAKS 2 TH N ALG E R/W OF BENEVA RD 417.42 FT TH S-89-57-30-E ALG S R/W OF MERIDALE RD 1306.35 FT TH S 417.42 FT TH N-89-57-30-W 1306 FT TO POB BEING PART OF LOTS 2 & 3 BLK 3 CONTAINING 12.4 AC M/L SARASOTA VENICE CO SUB OF SEC 15
Largest Nearby Street: Beneva
Highway Access: I-75, US 301
Airports: SRQ, Tampa International, Venice Regional

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,202 75,000 140,209
Median Age: 55.59 51.96 51.28
Households: 6,296 36,602 66,130

Contact

Photograph of Listing Agent

Troy Harry Robbins

HARRY ROBBINS ASSOC INC MFCRE Member
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