Prime Multifamily Development Opportunity in Sarasota's Historic District
Exceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful… Read More Sarasota Bay waterfront.
Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods.
A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process.
With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential.
Highlights:
Prime corner lot in Sarasota's Historic District
Walking distance to Downtown Sarasota
Zoned Multifamily – Up to 24 Units
Excellent opportunity for townhomes or condominiums
All utilities on site
Strong growth area with high demand for new residential development
Outstanding investment and redevelopment potential
Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone Read Less
Courtesy of COMPASS FLORIDA LLC 941-279-3630
Listing Snapshot
Days Online
16
Last Updated
Lot Size
0.85 Acres
MLS Number
A4701380
Additional Details
Property Access
Road Surface: Paved
Building
Living area units: Square Feet, Building faces West
Lot
0.85 acres, Dimensions: 183X201, Buildable
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 2026020035, Public Survey Range: 18, Public Survey Section: 19, Annual Amount: $3,387, Tax Block: B, Tax Book Number: 1-18, Legal Description: LOT 2 BLK B PETROUTSA BROTHERS SUB, Lot: 2, Year: 2025, Zoning: DTE
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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