This Multifamily Property is no longer advertised on LoopNet.com.

1400 Desoto Rd
Sarasota, FL 34234
16.67-42.5-Acres - High Density Development · Multifamily Property For Sale · 280 Units

Investment Highlights

  • 16.67-42.5-ACRES WITHIN SARASOTA CITY LIMITS
  • PLANS FOR 280-UNIT APARTMENT/CONDO COMPLEX
  • SELLER FINANCING OFFERED TO QUALIFIED PURCHASER
  • ADJACENT 26.5-ACRE SITE AVAILABLE - ZONED CI
  • MULTIFAMILY-MEDICAL/HEALTH CARE OR COMMERCIAL DEVELOPMENT
  • CALL FOR PRICING AND FURTHER INFORMATION!

Property Facts

No. Units 280
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Garden
Building Class B
Lot Size 16.55 AC
Construction Status Proposed
Building Size 330,000 SF
No. Stories 3
Zoning RMF-4

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Heating
  • Kitchen
  • Freezer

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

About 1400 DESOTO RD , SARASOTA, FL 34234

Development! Note: Also available is a 26.5-acre site adjacent this site. 5400 Old Bradenton Rd. This property is zone CI. Both properties provide 42-acres of property within the City limits of Sarasota. Asking Price: Call for Pricing Zoning permits 18-units per Acre. (Possible 25-Units per acre) Location: 1400 Desoto Rd This property consists of 16.57-acres situated directly across from the Sarasota-Bradenton International Airport. This is the last property with over 16-acres that is located within the Sarasota City limits. The owner has development plans in place for a 280-unit Apartment Complex or Condominium. Zoning also permits the following developments: 1. ALF/Memory Care/Retirement Community 2. Student Housing Financing: Seller may consider providing Seller Financing to a qualified Purchaser.

Property Taxes

Property Taxes

Parcel Number
0025-03-0031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,158,000
  • Listing ID: 15014901

  • Date on Market: 1/29/2019

  • Last Updated:

  • Address: 1400 Desoto Rd, Sarasota, FL 34234

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