Development Opportunity near Downtown Sarasota
Vacant Land
for Sale
Catylist Listing ID: |
30855733 |
Property Subtypes: |
Hospitality, Industrial, Multi-Family, Office, Retail, Other
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Gross Land Area: |
8,500 SF
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Sale Price: |
$595,000 |
Unit Price: |
$70 PSF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/13/2023 |
Overview / Comments
Fantastic Development opportunity near US-301 and Fruitville in the downtown edge district. the property currently has a 1,486 sf office building on site. The current zoning for the site is Downtown Edge (DTE) allowing for 25 residential units per acre, medical/general office, retail, and other uses. The site consists of 0.195 acres of land (8,500 sf). The property is within close proximity to a lighted intersection, providing quick access to major North/South and East/West thoroughfares. The surrounding neighborhood is in the process of massive redevelopment with current construction of a hotel, 410 luxury apartments, 25,000 s/f of retail and a grocery store.
Contact agent for additional details!
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Additional Details
Nearest MSA: |
North Port-Sarasota-Bradenton |
County: |
Sarasota |
Taxing Authority: |
Public Records |
Tax ID/APN: |
2028110021 |
Zoning: |
DTE-DOWNTOWN EDGE |
Property Located Between: |
Lime Ave& Fruitville Rd. |
Legal Description: |
LOTS 13 & 14 BLK F EAST ADD TO CITY OF SARASOTA |
Largest Nearby Street: |
Fruitville Rd. |
Feet of Frontage: |
50 |
Airports: |
SRQ, Tampa International, Venice Regional |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
14,262 |
88,087 |
171,628 |
Median Age: |
40.11 |
45.61 |
48.05 |
Households: |
6,179 |
39,325 |
78,538 |
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Neither My Florida Commercial Real Estate nor
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