Vacant Land for Residential Development

Vacant Land for Sale
Catylist Listing ID: 30731371
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 263,816 SF
Sale Price: $1,250,000
Unit Price: $4.74 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2022

Overview / Comments

4020 42nd Street Sarasota, is a 6 ace “in-fill” residential parcel currently allowing one unit per five acres. The owners are offering the property subject to Future Land Use of up to 29 maximum density residential units. The property is covered with Florida scrub, and being used as a yard for a landscape construction company. The property is high and dry, and located in Flood Zone X - requiring no flood insurance.

Great location close to Lakewood Ranch, UTC Mall and shopping, Nathan Benderson Park, Sarasota/Bradenton Airport and I-75.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0031100017
Zoning: OUE1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,296 81,786 179,876
Median Age: 48.08 46.61 46.06
Households: 3,568 36,672 78,044


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