Fantastic residential development opportunity on 4.


Property

Website:https://www.nestseekers.com/5612445
Address:
SARASOTA, FL 34231
Ownership: Fee Simple
Type: Unknown
Lot Size: 4.8 Acres

Financials

Price:$7,350,000
Annual Taxes:$16,667.05

Description

Fantastic residential development opportunity on 4.77± acres of contiguous land at 4101–4103 S School Ave in central Sarasota, ideal for a builder or infill residential developer. One parcel is zoned PUD and the adjoining parcel is zoned RSF3, providing flexibility for a low-density residential community with the potential to create a cohesive neighborhood plan (buyer to confirm entitlements and density during due diligence). The property is currently vacant land and can accommodate a meaningful single-family program under the existing zoning framework, offering rare scale in an established in-town location. Surrounded by established neighborhoods, schools, and retail, the site is well-positioned to capture strong builder demand.

Amenities

  • Other

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of MICHAEL SAUNDERS & COMPANY

SARASOTA FL 34231 USA