Land - Real Estate in Sarasota
Listing Price: $2,750,000 (Sale Pending) (Mortgage Calculator →)
Description of Property
Under contract-accepting backup offers. Love where you live, work and play! Welcome to "Soma City Homes" in Laurel Park, Sarasota, Florida. This exceptional development opportunity allows the developer the possibility of living in a beautifully appointed condominium or townhome having their own 1,000 square foot office/retail space on the ground floor, making your commute time ZERO! This location embodies the perfect blend of urban charm and developmental promise. A rare chance to own a prime piece of real estate zoned Downtown Edge, this property offers limitless potential for those looking to make a significant impact in one of Sarasota's most desirable neighborhoods. With the allowance for up to 25 units per acre, envisage crafting a community of up to 9 luxurious townhomes or 3 magnificent single-family homes, each rising to meet the clear blue Sarasota sky. This property not only promises a blank canvas for breathtaking residential development but also opens the door to commercial opportunities, catering to a vibrant and growing community. Delve into the essence of Sarasota living with unparalleled access to the city's most celebrated attractions. Just moments away, the Selby Botanical Gardens offer a sanctuary of natural beauty, while the soft sands of Lido Beach and the exclusive boutiques of St. Armand’s Circle provide endless leisure and retail therapy. Laurel Park is considered the cultural heart of the city with nearby access to the Sarasota Art Museum, join the lively scene at Marina Jacks, or immerse yourself in the green spaces of Laurel Park itself. While you plan and permit your vision, leverage the four existing structures on the property to generate income, making this not just a purchase but an investment in your future. Opportunities of this scale and versatility are rare in Sarasota, making this a highly coveted proposition for those ready to grow with the city and indulge in the lifestyle and privileges it offers. Don't miss your chance to be a part of Sarasota's growth and embrace all the beauty, culture, and vibrancy this remarkable city has to offer. DTE (Downtown Edge) zoning allows for up to 9 units with a ground floor office/retail use or 3 large, executive single family homes.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Pos Sub Of Blks G & H
Annual Tax: $18,390
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
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- Cable Available
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- Public
- Sewer Available
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Sewer: Public Sewer
Water Source: Public
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Lot Information
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Lot Size (acres): 0.38
Lot Size (sq. ft.): 16,698 square feet
Lot Dimensions: 152 x 100
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Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 2027070069
Zoning: DTE
Tax Legal Desc.: LOTS 10, 11 & 12, ALSO THAT PART OF VAC ALLEY ADJ THERETO SUB OF LOT 12 BLK H SUB OF BLKS G & H PLAT OF SARASOTA, BEING SAME LANDS AS DESC IN OR 2688/353 & 2688/339
Disclosures: Flood Disclosure
Section: 19
Range: 18E
Listing courtesy of HARRY ROBBINS ASSOC INC. 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.