Thank you
Gary Turner
KELLER WILLIAMS ON THE WATER S
941-803-7522
Under contract-accepting backup offers. 11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.
Water front: 1
WaterSource: Canal/Lake For Irrigation, Public, Well
Lot Dimensions: 520X624
Lot Description: Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned for Horses
Lot Square Feet: 324480
Lot Acres: 11
Lot Size (SqMt): 30145
Property Type: Land
Original List Price: $3500000
Tax Block: 1
Tax Lot: 1
Tax Legal Description: COM AT NW COR OF SEC 22-36-19, TH N 89-10-30 E 1062.65 FT FOR POB TH CONT N 89-10-30 E 763.94 FT TH S 00-31-15 W 1257.61 FT TO N R/W OF FRUITVILLE RD TH S 89-00-41 W 161.62 FT TH S 89-14-37 W 520
Annual Tax: $16087
Tax Year: 2021
Parcel Number: 0221013316
Elementary School: Tatum Ridge Elementary
Junior High School: McIntosh Middle
Senior High School: Sarasota High
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Sewer: Public Sewer
Water Source: Canal/Lake For Irrigation, Public, Well
Subdivision: PALMER FARMS 3RD
City: SARASOTA
Direction: Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4052 Founders Club Drive, Sarasota, FL,34240 | $740,000 | -- | -- | 32,026 | 0.74 Acre |
3731 Founders Club Drive, Sarasota, FL,34240 | $930,000 | -- | -- | 25,671 | 0.59 Acre |
S. Brink Avenue, Sarasota, FL,34240 | $300,000 | -- | -- | 35,740 | 0.8 Acre |
4008 Founders Club Drive, Sarasota, FL,34240 | $2,195,000 | 3 | 4 | 3,970 | 0.6 Acre |
15111 Gaddy Up Ranch Road, Sarasota, FL,34240 | $3,700,000 | -- | -- | 3,598,766 | 82.6 Acres |
Hidden River Road, Sarasota, FL,34240 | $674,999 | -- | -- | 446,472 | 10.25 Acres |
2986 Bravura Lake Drive, Sarasota, FL,34240 | $780,000 | 3 | 3 | 2,504 | 0.3 Acre |
2009 Myakka Rd, Sarasota, FL,34240 | $595,000 | 4 | 1 | 1,988 | 4.76 Acres |
560 Oakford Road, Sarasota, FL,34240 | $1,475,000 | 3 | 2 | 3,009 | 10.11 Acres |
10507 Fruitville Road, Sarasota, FL,34240 | $3,750,000 | -- | -- | 218,400 | 5.01 Acres |
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Based on information submitted to the MLS GRID as of 04/24/2024 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 04/24/2024 @ 18:20
MLS: MFRMLS #A4553122
LISTED BY: Gary Turner, KELLER WILLIAMS ON THE WATER S
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.