Redevelopment Opportunity in the heart of Sarasota

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30821378
Property Subtypes: Multi-Family, Residential (Single Family), Other
Gross Land Area: 12.40 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

Approximately 12.4 acres of land available in the heart of central Sarasota. Rare redevelopment opportunity. The site can hold approximately 40 residential single family homes. There is currently a 17,751 sf residential estate on the east side of the property and approximately 9 acres of vacant land on the west side. The site is unique due to the size and scope of the land. The land is one of the largest remaining tracts west of I-75. Ingress and egress on Meridale and Beneva Rd.

The site offers easy access to shops, restaurants, malls, parks, beaches, downtown Sarasota, Siesta Key, I-75, and excellent schools.

Please contact agent for additional information.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0099130002
Zoning: REI-RESIDENTIAL ESTATE
Property Located Between: Beneva and Clark Rd.
Legal Description: BEG AT NW COR OF LOT 4 OF BENEVA OAKS 2 TH N ALG E R/W OF BENEVA RD 417.42 FT TH S-89-57-30-E ALG S R/W OF MERIDALE RD 1306.35 FT TH S 417.42 FT TH N-89-57-30-W 1306 FT TO POB BEING PART OF LOTS 2 & 3 BLK 3 CONTAINING 12.4 AC M/L SARASOTA VENICE CO SUB OF SEC 15
Largest Nearby Street: Beneva
Highway Access: I-75, US 301
Airports: SRQ, Tampa International, Venice Regional

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,202 75,000 140,209
Median Age: 55.59 51.96 51.28
Households: 6,296 36,602 66,130

Contact

Photograph of Listing Agent

Troy Harry Robbins

HARRY ROBBINS ASSOC INC MFCRE Member
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