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$275,000
Prime multi-family development opportunity in sarasota! seize this rare chance to develop a high-demand, income-producing property in one of sarasota’s fastest-growing corridors. located in the up-and-coming north sarasota corridor, this 115-foot frontage lot is zoned rmf2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. even live in one unit and rent out the rest. buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on sarasota’s booming rental market. this property is ideally situated just minutes from srq airport, the ringling school of art, local theaters, entertainment, downtown sarasota, and the waterfront. high rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. the level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. the seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity. with sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. contact us today to explore development possibilities and secure this exceptional property.Other Land - WILDWOOD PINES for Sale
905 ROYAL PALM, SARASOTA, FL 34234
Asking Price$275,000 Change Price$85,000
Share by:
- Lot size 28701sqft
- Taxes: Register to see
-
Days on market:
159 day(s) Original Price:
$385,000Tax Legal Description:
LOT 7 & PART OF LOT 6 DESC AS BEG NE COR LOT 6 TH N-62-39-35-W 146.05 FT TH W 15 FT TH S 49.68 FT TH S-56-57-9-E 83.11 FT TH N- 82-46-18-E 58.91 FT TH NELY ALG CURVE TO RIGHT 27.83 FT TO POB, TOGETHERTax Year:
2024-
MLS:
A4646446 -
Property Type:
Land
Special Listing Conditions:
None
Description
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