PALM-AIRE INFILL RESIDENTIAL DEVELOPMENT OPPORTUNITY

Vacant Land for Sale
Catylist Listing ID: 30753085
Property Subtypes: Residential (Single Family)
Gross Land Area: 3.69 Acres
Sale Price: $800,000
Unit Price: $216,802 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

PRICE REDUCTION! Development opportunity in pristine Palm-Aire! 3.69 acres of infill land over looking the dog leg left at the Lakes Course hole #12. Parcel is vacant and unplatted, zoned PD-R. Owner has drawn up plans for residences, but these have not been submitted for county approval yet. Plans are available upon request.

Palm-Aire Country Club is a highly desirable residential neighborhood just North University Parkway, close to I-75 and Sarasota beaches, UTC shopping center. Close to award-winning Lakewood Ranch for other golf courses, shopping, restaurants and essential businesses.

Based on unverified review Water/Sewer appears to be close to property line.

This is a great opportunity for a custom builder to develop!

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 1920800057
Zoning: PD-R
Property Located Between: Southern Termination of Southgate Ct just South of Saddlehord Ave
Lot Frontage: lot is not squared
Zoning Description: Planned Development Residential
Part of Planned Development?: Yes
Development Name: Palm-Aire Country Club
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,491 52,364 145,882
Median Age: 63.67 50.08 45.03
Households: 3,247 23,662 61,589

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