$1,490,000

$481/sq ft

$460,000
Price Decreased

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Overview

Bedroom

4

Bath

4

Year Built

1963

Sqft

3100

Property Type

Single Family Residence

Property Description

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

MLS#

A4635469

Total Floor in Bldg

1

Address

121 CHRISTIE

City

Sarasota

State/county

FL

Zip/Postal Code

34232

Area

Tuckers Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,378

Maint Fee

$--

Tax Year

2024

Dishwasher

Electric Water Heater

Range

Trees/Woods

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Boris Gelfand