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Investment Highlights
- Minutes from Downtown Sarasota, Payne Park, and the Bayfront.
- Located within an area experiencing ongoing residential redevelopment.
- Opportunity to pursue multiple residential development concepts.
- Near Sarasota Memorial Hospital and major community amenities.
Executive Summary
Conceptual plans for a 5-unit luxury apartment community
Potential for single-family, boutique multifamily, attainable housing, or workforce housing development
Opportunity to explore density bonus programs allowing approximately 35–50 dwelling units per acre, subject to City approvals
Minutes from Downtown Sarasota, Sarasota Memorial Hospital, Payne Park, and the Bayfront
Located within an area experiencing continued residential redevelopment and investment
Development & Entitlement Support
The Sarasota Housing Authority has proposed increasing the allowable residential density within the adjacent Bertha Mitchell Housing Project from 25 to 50 units per acre, subject to City approval. Given the property's proximity, it could present an attractive redevelopment opportunity should future plans expand beyond the current project area.
Exceptional opportunity to acquire a 16,800± SF development site in one of Sarasota's fastest-growing neighborhoods, just minutes from Downtown Sarasota. Zoned RSF-4, the property offers developers multiple paths for redevelopment, whether pursuing a boutique multifamily community, attainable housing, workforce housing, or other residential concepts, subject to applicable approvals.
Conceptual plans have been prepared illustrating a 5-unit luxury apartment community, showcasing one potential vision for the site. In addition, buyers may wish to explore Sarasota's attainable and workforce housing density bonus programs, which may allow for approximately 35–50 dwelling units per acre, subject to City approval and program requirements. Buyers should complete their own due diligence to verify zoning, density, and development potential.
Potential for single-family, boutique multifamily, attainable housing, or workforce housing development
Opportunity to explore density bonus programs allowing approximately 35–50 dwelling units per acre, subject to City approvals
Minutes from Downtown Sarasota, Sarasota Memorial Hospital, Payne Park, and the Bayfront
Located within an area experiencing continued residential redevelopment and investment
Development & Entitlement Support
The Sarasota Housing Authority has proposed increasing the allowable residential density within the adjacent Bertha Mitchell Housing Project from 25 to 50 units per acre, subject to City approval. Given the property's proximity, it could present an attractive redevelopment opportunity should future plans expand beyond the current project area.
Exceptional opportunity to acquire a 16,800± SF development site in one of Sarasota's fastest-growing neighborhoods, just minutes from Downtown Sarasota. Zoned RSF-4, the property offers developers multiple paths for redevelopment, whether pursuing a boutique multifamily community, attainable housing, workforce housing, or other residential concepts, subject to applicable approvals.
Conceptual plans have been prepared illustrating a 5-unit luxury apartment community, showcasing one potential vision for the site. In addition, buyers may wish to explore Sarasota's attainable and workforce housing density bonus programs, which may allow for approximately 35–50 dwelling units per acre, subject to City approval and program requirements. Buyers should complete their own due diligence to verify zoning, density, and development potential.
Property Facts
1 Lot Available
Lot
| Lot Size | 0.38 AC |
| Lot Size | 0.38 AC |
16,800± SF development site Existing RSF-4 zoning Property has ability to rezone to Multi-Family
Description
2330 Dixie Avenue consists of approximately 16,800 square feet of land. Marketing materials indicate the site can support multiple residential redevelopment concepts and include conceptual plans for a five-unit apartment community. The property is located near Downtown Sarasota, Sarasota Memorial Hospital, Payne Park, and Sarasota Bay amenities. Materials also reference attainable and workforce housing density bonus programs that may allow approximately 35 to 50 dwelling units per acre, subject to City approvals and program requirements.
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2024-01-0106 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $31,976 |
Property Taxes
Parcel Number
2024-01-0106
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,976
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Contact the Sale Advisor
2330 Dixie Ave



