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$ 12,600,000
Est. payment | /mo
4.77 Acres Lot
$ 12,600,000
Est. payment | /mo
4.77 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224019588
Originating Board Naples
Annual Tax Amount $9,101
Tax Year 2023
Lot Size 4.770 Acres
Property Description
Located at 4101 and 4103 S School Avenue and adjacent to Sarasota's redeveloped Bath & Racquet Club, this exceptional 4.77 +/- acres of vacant land offers an enticing prospect for crafting up to 21 single-family homes. This 2 parcel property features approved RSF-3PUD zoning, facilitating a 4.5 unit per acre development envelope. The 21-unit concept plan includes a private road with gate access at the end of School Avenue, permitted building heights up to 55' if desired, and plenty of green space and parkland. Alternate concepts & configurations are available. Boasting seamless access to shopping, restaurants, A-rated schools, parks, beaches, downtown Sarasota, St. Armand's, Longboat Key, and I-75, this prime location presents an ideal fusion of convenience and potential. It's an opportune moment to curate a sophisticated community that embodies the essence of luxurious Sarasota living. Seller financing and partnership opportunities are available for a qualified buyer.
Location
State FL
County Sarasota
Area Oa01 - Out Of Area
Exterior
Community Features Non-Gated
Utilities Available Other
Waterfront Description None
View None/Other
Building
Sewer None
Water Central
Listed by John R Wood Properties
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