Multi-Family or ALF Site

Vacant Land for Sale
Catylist Listing ID: 30378930
Property Subtypes: Multi-Family
Gross Land Area: 4.45 Acres
Sale Price: $2,250,000
Unit Price: $505,617 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2019

Overview / Comments

Multi-Family or ALF Site - 4.447 acres in the City of Sarasota. at the intersection of Fruitville Rd & Beneva. Property is part of the master plan of the Fruitville Forum Center at the intersection of Fruitville Rd & Beneva. Current Zoning is Commercial General. Future Land Use Plan for Multi-family use. Seller is in the process of obtaining zoning for 111 units.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota City
Tax ID/APN: 2031010011
Zoning: COMMERCIAL GENERAL
Property Located Between: Fruitville and Bahia Vista
Property Visibility: Good
Largest Nearby Street: Fruitville Rd
Zoning Description: Current Zoning is Commercial but is being rezoned to Multi-family for 111 units.
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,644 105,760 187,677
Median Age: 44.41 45.02 47.74
Households: 5,980 46,648 84,994

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