Land•Multi-Family•For Sale

Sarasota, Fl. 16.67 acres. Zoned 18 to 25 Units Per Acre. Multifamily or Healthcare Development Opportunity.

1400 Desoto Road, Sarasota, Florida 34234

Sale Price $5,200,000 ($7.16 /SqFt)
Sale Type Owner User
Zoning RMF4/RESIDENTIAL, MULTI-FAMILY (18 UNITS/ACRE)
Annual Taxes $25,512.00
Land Area 16.67 Acres
Land Use RMF4/RESIDENTIAL, MULTI-FAMILY (18 UNITS/ACRE)
Market Tampa/St. Petersburg
Sub-Market East Tampa
Parcel# 0025 03 0031
Development! Note: Also available is a 26.5-acre site adjacent this site. 5400 Old Bradenton Rd. This property is zone CI. Both properties provide 42-acres of property within the City limits of Sarasota. Asking Price: Call for Pricing Zoning permits 18-units per Acre. (Possible 25-Units per acre) Location: 1400 Desoto Rd This property consists of 16.57-acres situated directly across from the Sarasota-Bradenton International Airport. This is the last property with over 16-acres that is located within the Sarasota City limits. The owner has development plans in place for a 280-unit Apartment Complex or Condominium. Zoning also permits the following developments: 1. ALF/Memory Care/Retirement Community 2. Student Housing Financing: Seller may consider providing Seller Financing to a qualified Purchaser.
  • 16.67-42.5-ACRES WITHIN SARASOTA CITY LIMITS
  • PLANS FOR 280-UNIT APARTMENT/CONDO COMPLEX
  • SELLER FINANCING OFFERED TO QUALIFIED PURCHASER
  • MULTIFAMILY-MEDICAL/HEALTH CARE OR COMMERCIAL DEVELOPMENT

1 Spaces

1
10/15/2019 12:00:00 AM 10/17/2019 1:29:41 PM
Benny Spensieri
Broker
CRES Corp International
SEND ME A MESSAGE

SEND A MESSAGE

0/100
Human? type 263 below...
dummy toaster to trick _toastr script loaded by scripts.js Show Default