3.66 ACRES OF RMF-2 VACANT LAND WITH APPROVED SITE PLAN FOR 32 UNITS

Vacant Land for Sale
Catylist Listing ID: 30344446
Property Subtypes: Multi-Family, Other
Gross Land Area: 3.66 Acres
Sale Price: $950,000
Unit Price: $259,562 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/5/2018

Overview / Comments

Newly approved site plan for 32 unit multifamily development. This 3.66 acres Zoned RMF-2 is within close proximity to Venice and Nokomis Beaches as well as the proposed Sarasota Memorial Hospital at Laurel Road and I-75. Also very close to 2 Publix, WinnDixie, and Aldi supermarkets and soon, Lucky's Market! Great location for commuters via US41, Honore, or I-75 which are all under five minutes away.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarsota County
Tax ID/APN: 0405010002
Zoning: RMF-2
Property Located Between: Laurel Road and Colonia Lane East
Property Visibility: Excellent
Legal Description: N 345 FT OF E 1/2 OF NE 1/4 OF NE 1/4 OF SEC 6-39-19, LESS W 145 FT THEREOF & LESS R/W FOR ALBEE FARM RD IN RPB 3/31, OR 2623/197 & ORI 2002097492, CONTAINING 3.6 C-AC M/L
Largest Nearby Street: Albee Farm Road
Zoning Description: RMF2/RESIDENTIAL, MULTI-FAMILY (9UNITS/ACRE)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,710 39,442 70,400
Median Age: 57.38 63.84 60.94
Households: 2,963 21,043 36,005

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