Land - Real Estate in Sarasota
Listing Price: $385,000 (Mortgage Calculator →)
Description of Property
Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Wildwood Pines
Annual Tax: $2,167
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
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Waterfront Info
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Water Access: Not specified
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Sewer: Public Sewer
Water Source: Public
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Lot Information
Lot Features:
Lot Size (acres): 0.67
Lot Size (sq. ft.): 28,701 square feet
Lot Dimensions: 257 x 126, 98 x 231
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Legal Description & Other Information
Parcel Number: 2001150077
Zoning: RMF2
Tax Legal Desc.: LOT 7 & PART OF LOT 6 DESC AS BEG NE COR LOT 6 TH N-62-39-35-W 146.05 FT TH W 15 FT TH S 49.68 FT TH S-56-57-9-E 83.11 FT TH N- 82-46-18-E 58.91 FT TH NELY ALG CURVE TO RIGHT 27.83 FT TO POB, TOGETHER
Section: 1
Range: 17
Listing courtesy of COLDWELL BANKER 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.