Land - Real Estate in Sarasota
Listing Price: $8,500,000 (Mortgage Calculator →)Property Use:
Description of Property
Ultra-Prime Development Opportunity on Golden Gate Point with Unmatched Versatility. This exceptional 0.496-acre site consists of 3 parcels totaling 21,600 sq. ft. and offers a premier canvas for a developer to build a bespoke luxury project of their choice under flexible RMF5/GGP Overlay zoning. For those looking to capitalize immediately on Sarasota’s thriving luxury market, this property comes ready to go vertical with the fully designed, engineered, and permitted project. Skip the years of city approvals: this permit-ready package features a stunning mid-rise boutique design by the renowned Hoyt Architects, featuring 12 ultra-luxury residences and two magnificent full-floor penthouses on the 8th and 9th levels. The approved plans incorporate premium lifestyle amenities, including an infinity-edge resort pool/spa deck, an exclusive resident club room, private secured parking, and residences designed to capture spectacular Intracoastal and Gulf Coast water views. Perfectly nestled in a highly desirable, garden-like oasis setting, this flat, clear site features 180 feet of road frontage and full utility connectivity. Future residents will enjoy an elite, walkable lifestyle just steps from downtown Sarasota, Marina Jack, and the Ringling Bridge, and just minutes from St. Armands Circle and Lido Key beaches. Whether you bring your own vision or break ground tomorrow using the fully approved luxury plans, this is a rare, high-margin opportunity in Sarasota's most coveted waterfront enclave.
Garage: No
Carport: No
Property Details At A Glance
Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Golden Gate Point
Annual Tax: $73,571
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.5
Lot Size (sq. ft.): 21,600 square feet
Lot Dimensions: 120 x 181
Legal Description & Other Information
Financing Available: Special Funding
Parcel Number: 2010080023
Zoning: RMF5
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 3, 4 & 5 BLK B GOLDEN GATE POINT, BEING SAME LANDS AS DESC IN ORI 2022076538 & 2022189280
Section: 24
Range: 17
Listing courtesy of KONA 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.