Exceptional investment and development opportunity in Sarasota! This 2.81 acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14 unit multifamily project, paving the way for a streamlined development process.
Zoned RSF 3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well suited for single room rentalsan excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single family lots, making this property versatile for a range of development strategies.
With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.
Exceptional investment and development opportunity in Sarasota! This 2.81 acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14 unit multifamily project, paving the way for a streamlined development process.
Zoned RSF 3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well suited for single room rentalsan excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single family lots, making this property versatile for a range of development strategies.
With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Private Mailbox, Rain Gutters
Flooring: Tile
Living Area: 3100.00
Roof: Shingle
Land Information
Lot Features: Level, Paved
School Information
High School: Sarasota High
Middle School: McIntosh Middle
School Elementary: Fruitville Elementary
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway
Eco-Communities
Water Source: Well
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Electric
Pets Allowed: Yes
Sewer: Septic Tank
Utilities: Electricity Connected, Public, Underground Utilities, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Dishwasher, Electric Water Heater, Range
Country: US
Interior Features: Ceiling Fans(s), High Ceilings
Legal Description: PARCEL LYING IN S 1/2 OF SEC 23-38-18 & BEING A PART OF BLK B, TUCKERS ADDITION & PART OF CHRISTIE AVE VACATED IN OR 1505 PG 987, ALL BEING DESC AS COM AT NE COR OF SW 1/4 OF SAID SEC 23 TH
NO HOA!!Welcome to your dream oasis in the heart of Sarasota! This exquisite luxury home perfectly blends modern elegance with coastal charm, ideally situated just minutes from downtown, pristine beac
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