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 |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
10/21/2020 |
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 |
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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