Land - Real Estate in Sarasota
Listing Price: $8,350,000 (Mortgage Calculator →)
Description of Property
Prime Development Opportunity in Sarasota – 4.77± Acres with Approved PUD-3 Zoning Presenting a rare and exceptional opportunity for builders and developers in the heart of Sarasota. Located at 4101 and 4103 South School Avenue, this expansive 4.77± acre double-parcel property is perfectly positioned adjacent to the newly redeveloped Bath and Racquet Club, placing it at the edge of one of Sarasota’s most exciting and dynamic corridors. This property is pre-approved for up to 4.5 units/acre, allowing for a thoughtfully designed 21-home concept plan. The proposed layout includes a private, gated road, lush green space and parkland, and offers building heights up to 55 feet, providing flexibility for both expansive single-family homes or creative design alternatives. Multiple configuration options are available, including a refined 18-unit estate lot plan, offering developers versatility in tailoring the final vision to market demand. This location provides unmatched accessibility to downtown Sarasota, A-rated schools, award-winning beaches, fine dining, boutique shopping, St. Armands Circle, Longboat Key, and major thoroughfares like I-75—all while maintaining a tranquil residential atmosphere. Whether you envision a luxurious gated enclave or a smartly curated collection of modern homes, this is the ideal canvas to create a vibrant community that captures the best of Sarasota living. Seller financing and partnership opportunities are available for qualified buyers. These two properties are sold as one parcel on an "As Is Where Is" basis. Don’t miss this chance to shape a unique residential experience in one of Florida’s most sought-after destinations.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Sarasota-venice Co River Sub
Annual Tax: $33,657
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
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Water Access: Not specified
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Sewer: None
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Lot Information
Lot Features: Other
Lot Size (acres): 4.77
Lot Size (sq. ft.): 103,290 square feet
Lot Dimensions: 650 x 661
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Additional Parcels: Yes
Additional Parcels Description: 74110062
Legal Description & Other Information
Parcel Number: 0074110063
Zoning: PUD
Tax Legal Desc.: COM AT SW COR OF SE 1/4 OF NW 1/4 OF SEC 5-37-18 TH N 00-07-40 W 683.44 FT TH N 00-21-46 W 322.77 FT FOR POB TH N 89-24-02 E 323.69 FT TH N 01-59-17 W 323.66 FT TH S 89-15-21 W 278.99 FT TH S
Section: 5
Range: 18E
Listing courtesy of JOHN R WOOD PROPERTIES. 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.