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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.
Property Details
Price: $1,600,000
Sq Ft: 3,100
($516 per sqft)
Bedrooms: 4
Bathrooms: 4
City: Sarasota
County: Sarasota
Type: Single Family Reside
Development: Tuckers Add
Acres: 2.81
Virtual Tour/Floorplan:
View
Year Built: 1963
Listing Number: A4635469
Status Code: A-Active
Taxes: $5.00
Tax Year: 2024
Pets Allowed: Yes
Interior Features:
Ceiling Fans(s)
High Ceilings
Financial Information:
Taxes: $5.00
Tax Year: 2024
Exterior Features:
Private Mailbox
Rain Gutters
Equipment:
Dishwasher
Electric Water Heater
Range
View:
Trees/Woods
School Information:
Elementary School: Fruitville Elementary
Middle School: Mcintosh Middle
Junior High: Mcintosh Middle
High School: Sarasota High
Additional Information:
MLS Area: 34232 - Sarasota/Fruitville
Price per Square Feet: $516.13
Total Floors: 1
Water: Well
Lot Desc.: Level, Paved
Construction: Frame, Wood Siding
Date Listed: 2025-01-12 16:33:25
Pool: No
Parking: Driveway
Flooring: Tile
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Pets: Yes
Sewer: Septic Tank
Map of 121 Christie Avenue, Sarasota, FL 34232
Listing Courtesy Of: Coldwell Banker Realty
joe@manateemoves.com