Land - Real Estate in Nokomis
Listing Price: $1,595,000 (Mortgage Calculator →)
Description of Property
LARGE ACREAGE. PRIME LOCATION. FLEXIBLE USE. A Rare 5-Acre Opportunity in the Heart of Sarasota’s Growth Corridor with Multiple Opportunities to Serve Entrepreneur Developers of Land. Opportunities like this simply do not exist anymore. Just 3 minutes from Sarasota Memorial Hospital and 10 minutes to the beach, this exceptional five-acre property offers unmatched flexibility for luxury residential development, multifamily investment, or commercial landscape operations — all in one prime location. Begin with a wholesale and retail nursery. Build your dream home, then add multi family residences and move into retirement with your finances secure. BUILD YOUR DREAM ESTATE HOME - Create a private, gated estate with room to expand. The park-like setting features mature specialty trees, a wide-open space ideal for a grand custom residence, guest house, detached garages and pool compound. Equestrian amenities such as a training arena and stables already exist. With a well and electricity already in place and a 1,650 sq. ft. office/workspace onsite, the infrastructure is ready for immediate vision and execution. ZONING FOR COMMERCIAL LANDSCAPE OPERATIONS - What truly sets this property apart is its SPECIAL EXCEPTION ZONING allowing for a wholesale plant nursery and landscape operations - a rarity in this high-growth area. For a landscape supply or maintenance company seeking room to expand, scale operations, or dominate a growing service area, this is a turnkey opportunity. There is nothing comparable on the market with this zoning flexibility. Existing improvements include a 1,650 square foot one-story office building and storage space, above ground fuel tanks and bins for bulk landscape materials such as mulch, rock and shell, pavers, topsoil etc. LIVE. BUILD. EXPAND. INVEST - This property supports residential living, commercial operation, or a combination of both - Live in your house and run your business on site. Priceless! MULTI-FAMILY DEVELOPMENT UNDER LIVE LOCAL ACT - Investors take note: this property offers excellent potential for multiple residential development, under Florida’s Live Local Act, making it a compelling candidate for investment. With rapid residential and commercial growth surrounding the area, this site is strategically positioned for long-term appreciation and income generation. Recently appraised at $1.7m by a leading local appraiser, the property is competitively positioned given the explosive residential and commercial growth transforming the surrounding corridor. There's no comparable property on the market. Seeing it in person is the only way to fully appreciate its potential. Call for a tour.
Garage: No
Carport: No
Property Details At A Glance
Property Type: Land
City: Nokomis
County: Sarasota
Subdivision: Oak Rdg Farms
Annual Tax: $12,355
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: Septic Needed
Water Source: Well
Lot Information
Lot Size (acres): 5.23
Lot Size (sq. ft.): 227,818 square feet
Lot Dimensions: 786 x 339
Legal Description & Other Information
Parcel Number: 0362001009
Zoning: OUE1
Tax Legal Desc.: COM AT NW COR OF SW 1/4 OF SEC 20-38-19 TH S-89-56-14-E 2045.26 FT TO WLY R/W LINE OF I-75 TH S-31-49-14-E ALG SAID R/W LINE 616.29 FT TH S-19-22-22-W 666.2 FT TO POB TH S-19-22-22-W
Section: 20
Range: 19
Listing courtesy of BRIGHT REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.