Central Lemon Assemblage
Vacant Land
for Sale
| Catylist Listing ID: |
30836638 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
1.33 Acres
|
| Sale Price: |
See Agent |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/15/2023 |
Overview / Comments
Ian Black Real Estate is pleased to present the unique opportunity to purchase an entire city block in the heart of the City of Sarasota. Consisting of 1.33 acres, the land is zoned DTC (Downtown Core) which allows 50 units per acre and height of 10 stories. The City of Sarasota has modified the Future Land Use Plan allowing for 200 units per acre. This modification is subject to affordable housing standards that are expected to be approved by the City Commission by the Summer of 2023. The property allows mixed use development, Residential, Multi-Family, Office, Hotel and Retail.
Upon execution of the Confidentiality Agreement more detailed information will be provided. To complete the Electronic C.A. click on the link below, then click on the documents tab at the top of the page and then select the "locked" files. Please contact Broker with any questions. Do not disturb current occupants.
Link to CA: https://buildout.com/plugins/581dcb71bc3d5ce878fc24b935097bb5bfc71917/inventory/1182575-sale
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
2026140039 |
| Zoning: |
DTC |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,257 |
73,061 |
154,810 |
| Median Age: |
48.36 |
44.68 |
48.17 |
| Households: |
5,850 |
32,453 |
71,074 |
|
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