Multi-family land, excellent exposure!

Vacant Land for Sale
Catylist Listing ID: 30648005
Property Subtypes: Multi-Family
Gross Land Area: 29,556 SF
Sale Price: $500,000
Unit Price: $16.92 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2021

Overview / Comments

American Property Group of Sarasota, Inc is proud to present, US 41 & Saragossa Lane, Venice, FL 34292:

Property type: Multi-Family

Size: 29,556 SF

Highlights: 4 lots, totaling +/-29,556sf (0.67ac mol), zoned RMF-3 (13 units/acre) with the potential to rezone to other commercial zoning. Great exposure, high traffic counts and minutes from all the action in the quickly growing community of North Port!

Nicely situated just South of "Warm Mineral Springs", a major tourist attraction in North Port, off of Tamiami Trail and easily accessible via North Highway Dr., access road. Lots are BOTH CORNER LOTS and situated at the intersection of Saragossa Dr. and Santa Cruz Lane. A densely populated residential neighborhood sits behind this property with average household incomes.

Future Land Use slated for Office/Multi-Family Residential with implementing zoning districts of CM, OPI, RSF-4, RMF-1, RMF-2, RMF-3, MP and GU, according to the Sarasota County FLUM. Tons of potential for development on this site!

Motivated owner says bring offers! All offers entertained. Land lease options are available.

NOTE: 4 additional contiguous lots available for a total of +/-59,556sf or 1.35ac mol with around 300' of frontage at additional cost!

Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941)923-0535 at your convenience.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Zoning: RMF-3
Property Located Between: Saragossa Ln and US41
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Feet of Frontage: 300
Highway Access: Direct access to US41/Tamiami Trail
Zoning Description: RMF-3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,431 42,736 72,275
Median Age: 47.67 58.14 60.58
Households: 4,589 21,262 36,836

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