Land - Real Estate in Sarasota
SOLD for $3,500,000 on February 17, 2025
Listing Price: $3,500,000Sold Price: $3,500,000Sold Price/List Price: 100%
Description of Property
11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Palmer Farms 3rd
Annual Tax: $16,087
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring:
Schools
Elementary School: Tatum Ridge Elementary
Middle/Junior High School: McIntosh Middle
High School: Sarasota High
Waterfront Info
Pool Features:
Spa Features:
Water Front: Yes
Water Frontage: Lake, Pond
Water Access: Yes
Water Access Type: Lake, Pond
Water View: Lake, Pond
Exterior & Construction
Architectural Style:
Construction:
Foundation:
Roof:
Exterior Features:
Parking Features:
Floors Total:
Floors in Unit:
Cooling:
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Utilities:
- BB/HS Internet Available
- Cable Available
- Cable Connected
- Electricity Available
- Fiber Optics
- Fire Hydrant
- Phone Available
- Sewer Connected
- Sprinkler Well
- Street Lights
- Underground Utilities
- Water Connected
Sewer: Public Sewer
- Canal/Lake For Irrigation
- Public
- Well
Community Features: Activity Core/Center
Association Amenities:
Lot Information
Lot Features:
- Cleared
- Compact Soil
- Filled
- In County
- Level
- Out Parcel
- Sidewalk
- Street Lights
- Zoned for Horses
Lot Size (acres): 11
Lot Size (sq. ft.): 324,480 square feet
Lot Dimensions: 520 x 624
Road Frontage: Street Lights, Street Paved, County Road, Turn Lanes, Deeded Easement
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Lease Option, Lease Purchase, Private Financing Available
Parcel Number: 0221013316
Zoning: OUR
Tax Legal Desc.: COM AT NW COR OF SEC 22-36-19, TH N 89-10-30 E 1062.65 FT FOR POB TH CONT N 89-10-30 E 763.94 FT TH S 00-31-15 W 1257.61 FT TO N R/W OF FRUITVILLE RD TH S 89-00-41 W 161.62 FT TH S 89-14-37 W 520
Disclosures: None
Section: 22
Range: 19
Listing courtesy of KELLER WILLIAMS ON THE WATER S. 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.