Classic Multi-Family Site

Vacant Land for Sale
Catylist Listing ID: 30042401
Property Subtypes: Multi-Family
Gross Land Area: 8.17 Acres
Sale Price: $7,700,000
Unit Price: $942,472 Per Acre
Sale Terms: Cash to Seller
Last Updated: 11/28/2018

Overview / Comments

This PUD zoned multi-family site is amazing and boasts up to 350 residential units that can be built.. All the grading and underground utilities are in place, all you have to do is get your building permit and you are off to the races. All the time, money, energy and brain damage that goes into the horizontal engineering is done, making this a truly “shovel ready” multi-family site. And there are huge benefits to this location. Bay Street is designed as a Lifestyle center, that can provide Breakfast, Lunch and Dinner. Or enjoy the Day Spa and then buy some of the most beautiful jewelry you have ever seen. All this while being right across the street from the water and minutes from Venice, Sarasota and so much more. Shovel ready - all you need is your building permit!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0147020004, 0147020008, a portion of 0147020005
Zoning: PUD
Property Located Between: Located on Bay Street off Tamiami Trail, next to beautiful Bay St. Village
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Traffic/Vehicle Count: 41,000
Highway Access: US-41
Airports: SRQ
Site Description: Classic Florida Hotel Site

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,372 27,157 58,225
Median Age: 56.91 59.98 58.95
Households: 2,464 13,554 29,787
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