Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1963
Sq.Footage
3,100
Price per SqFt
N/A
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 rentals—an 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 & Amenities
Interior
-
Other Interior Features
High Ceilings
-
Total Bedrooms
4
-
Bathrooms
4
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Other Exterior Features
Rain Gutters
-
Parking
Driveway
Area & Lot
-
Lot Features
Level, Paved
-
Lot Size(acres)
2.81
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Florida, Ranch
Financial
-
Sales Price
$1,600,000
-
Tax Amount
5378.68
Property Features
-
Association
NO
-
Senior Community YN
No
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Location
County
Sarasota
Elementary School
Fruitville Elementary
Middle School
McIntosh Middle
High School
Sarasota High
Listing Courtesy of Joe Murphy , COLDWELL BANKER REALTY
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