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Investment Highlights

  • 50000 Cars-a-day exposure
  • Triple Frontage

Executive Summary

Seller Financing avail

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $9,909
Annual Per AC $9,527.88

Property Facts

Price $1,150,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.04 AC
Zoning RSF2 - RSF-2, part of a recent comp plan revision. FLU expands to many commercial uses, also higher density bonuses for residential

1 Lot Available

Lot

Price $1,150,000
Price Per AC $1,105,769.23
Lot Size 1.04 AC

Mult parcel ID's

Description

What will soon be 2701 Fruitville Rd, after you buy it. Sarasota City passed earlier in the year, up to 75 units/acre, high density residential. Endless commercial applications as well. 270' of frontage, 150' deep, 3 access points, 50000 cars a day, a perfect rectangle. Very few properties of this scale with the correct future land use pencil out these days, this one does. Inquire with listing agent about those density bonuses if you prefer multifamily development. The cherry on top, this property includes a 3/2 single family home, roughly 20k gross annual income back to your pocket while you wait for standard approval process'. Want more? The seller would consider holding paper for well qualified buyers.

Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 34189685

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 128 N Briggs Ave, Sarasota, FL 34237

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