Potential Multifamily Site

Vacant Land for Sale
Catylist Listing ID: 30421623
Property Subtypes: Multi-Family, Office, Retail, Other
Gross Land Area: 283,698 SF
Sale Price: $1,950,000
Unit Price: $6.87 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

Many possibilities with this (OPI) office zoned site that also permits Assisted Living. Future Land Use includes Multifamily with rezone. Lighted corner intersection at the key road ways of of Jacaranda and SR 776. Owner would consider separating the corner from the property for potential retail use. Located less than 5 miles from the new West Villages master planned community.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0461040015
Zoning: OPI
Property Located Between: Venice and Engewood
Property Visibility: Excellent
Legal Description: COM AT W 1/4 COR OF SEC 34-39-19 TH N 03-42-06 E 43.07 FT TH S 89-48-37 E 257.48 FT FOR POB TH S 89-48-37 E 377.78 FT TH S 86-20-37 E 58.70 FT TH N 03-41-49 E 3.63 FT TH S 89-52-57 E 145.38 FT TH E
Largest Nearby Street: Jacaranda Blvd and SR 776
Feet of Frontage: 849
Airports: Sarasota Bradenton International
Site Description: Raw land with some trees.
Area Description: Primarily residential area with office, retail and senior assisted living in the immediate surrounding area.
Lot Frontage: 849
Lot Depth: 595
Zoning Description: Office, Professional and Institutional that also permits Assisted Living Senior Living.
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,493 34,582 70,389
Median Age: 48.53 57.5 61.02
Households: 2,956 16,962 35,850
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