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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 1/12/2025 |
|---|---|---|---|
| TRACT | TUCKERS ADD | YEAR BUILT | 1963 |
| COMMUNITY | 34232 - Sarasota/Fruitville | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Fruitville Elementary |
|---|---|
| Jr. High School | McIntosh Middle |
| High School | Sarasota High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Water Heater, Range |
| AREA | 34232 - Sarasota/Fruitville |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Rain Gutters |
| HEAT | Central, Electric |
| INTERIOR | High Ceilings |
| LOT | 2.81 acre(s) |
| LOT DESCRIPTION | Level, Paved |
| PARKING | Driveway |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Florida, Ranch |
| SUBDIVISION | TUCKERS ADD |
| TAXES | 5378.68 |
| UTILITIES | Electricity Connected, Underground Utilities, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Joe Murphy, COLDWELL BANKER REALTY, 941-907-1033
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/12/25 3:46 PM PST.
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