Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process.
Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies.
With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.
3,100 Sq Ft
2.81 Private Acres Lot Size
Single Family Home
$5,379 Annual Tax
Built in 1963
MLS/Listing ID A4635469
1 Stories
Ceiling Fans
High Ceilings
Washer Hookup
Lot - Level
Parking - Driveway
Dishwasher
Electric Water Heater
Range
Style - Florida
Style - Ranch
Shingle
Trees Woods View
Construction - Wood Frame
Construction - Wood Siding
Cooling - Central Air
Rain Gutters
Porcelain Tile
Slab
Heating - Electric
Pets Allowed
Source of Data: STELLAR MLS
TOTAL MONTHLY COST
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