1775 FRUITVILLE Rd - 1775 Fruitville Rd 0.76 Acres of Commercial Land Offered at $4,080,000 in Sarasota, FL 34236

This exceptional Sarasota development opportunity spans seven contiguous parcels along Fruitville Road and North Osprey Avenue, positioned in the heart of downtown Sarasota’s vibrant urban core. The combined land area of 33,257 square feet offers unmatched flexibility for mixed-use development, including multifamily, office, and retail configurations. Zoned DTE, the property permits up to 25 units per acre, with a significant density bonus allowing up to 100 units per acre when incorporating affordable housing, creating potential for 76 total units, including 56 market-rate and 8 affordable units.
Strategically located just minutes from Sarasota’s cultural attractions, waterfront parks, and thriving business district, this site benefits from excellent visibility along Fruitville Road, a major east-west corridor connecting downtown to I-75. Utilities are readily available through the City of Sarasota, ensuring streamlined development. The seller offers division options, allowing buyers to acquire either the Fruitville frontage or the 4th Street frontage separately, catering to diverse investment strategies. This assemblage represents a rare chance to capitalize on Sarasota’s strong growth trajectory and demand for urban living. With proximity to retail, dining, and entertainment, plus easy access to major thoroughfares, this property is ideal for developers seeking a high-impact project in one of Florida’s most desirable markets. Seller will sell Fruitville frontage or 4th St Frontage separately.