Beachfront Development Project

Vacant Land for Sale
Catylist Listing ID: 30788526
Property Subtypes: Multi-Family
Gross Land Area: 22,850 SF
Sale Price: $12,000,000
Unit Price: $525.16 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/6/2023

Overview / Comments

Beachfront Re-Development Opportunity- 180 degree view of the World Famous Beach Siesta Key Beach. When you feel the quartz-crystal sand between your toes you will understand why Siesta Beach was the #1 Ranked Beach in the US in 2020 by TripAdvisor Traveler's.

The property has Development Entitlements for up to 4 luxury residential units. Seller have preliminary designs for 4 condominium residences of 3,300 to 3,500 sf of living area.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0107030024
Zoning: RMF-1
Property Visibility: Excellent
Site Description: Beachfront Property of World Famous Siesta Key Beach
Soil Type: Sandy
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,587 33,801 102,834
Median Age: 59.95 53.48 51.97
Households: 2,404 17,016 50,188


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