Property
Beds
4
Full Baths
4
1/2 Baths
None
Year Built
1963
Sq.Footage
3,100
Exceptional development opportunity in Sarasota, ideally located just off Fruitville Road east of McIntosh. This 2.81-acre parcel offers flexibility for builders and investors, with substantial groundwork already completed toward a 14-unit multifamily project—saving valuable time, cost, and entitlement risk in today’s approval environment. Zoned RSF-3, the property is largely cleared and features a small pond that adds natural character and can be thoughtfully incorporated into a future site plan. The existing 3,100 sq. ft. residence, rebuilt approximately five years ago, is serviced by well and septic and is currently configured in a way that supports single-room rentals, offering immediate income potential during the planning and development phase. For those pursuing a different approach, the zoning allows for a maximum gross density of up to 12 single-family lots, making the property well-suited for a residential subdivision as well. Its central Sarasota location provides convenient access to major corridors, employment centers, and amenities—key factors for long-term value and marketability. With entitlement progress already underway and multiple viable development paths, this is a rare opportunity to step into a project with real momentum rather than starting from scratch.
Features & Amenities
Interior
-
Other Interior Features
High Ceilings
-
Total Bedrooms
4
-
Bathrooms
4
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Frame, Wood Siding
-
Other Exterior Features
Rain Gutters
-
Parking
Driveway
-
Patio and Porch Features
None
-
Pool
No
-
Waterfront YN
NO
-
View
Trees/Woods
Area & Lot
-
Lot Features
Level, Paved
-
Lot Size(acres)
2.81
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Florida, Ranch
Price
-
Sales Price
$1,300,000
-
Tax Amount
$5,378.68
-
Sq. Footage
3, 100
-
Price/SqFt
$419
HOA
-
Association
No
School District
-
Elementary School
Fruitville Elementary
-
Middle School
McIntosh Middle
-
High School
Sarasota High
Property Features
-
Stories
1
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Septic Tank
-
Tax Lot
0
-
Water Source
Private, Well
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Location
County
Sarasota
Elementary School
Fruitville Elementary
Middle School
McIntosh Middle
High School
Sarasota High
Listing Courtesy of Joe Murphy , COLDWELL BANKER REALTY
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