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Investment Highlights

  • 2.89± acre site (125,900 SF) with 7,954 SF existing building in place.
  • Strategic location near I-75 at the gateway between established central Sarasota and rapidly growing East Sarasota communities.
  • Current OPI zoning supports a range of office, medical, and professional uses for office-focused redevelopment.
  • Prime Fruitville Road frontage on a major Sarasota east–west arterial with strong visibility and access.
  • Covered land play with compelling upside from potential higher-density residential development, subject to rezoning and entitlements.

Executive Summary

This offering represents a compelling land play along Sarasota’s highly traveled Fruitville Road corridor, with multiple clear paths to value creation. While the property is currently zoned OPI (Office, Professional & Institutional), the site’s strategic frontage on a major arterial and its proximity to significant east Sarasota growth make higher-density residential development arguably the highest and best long-term use, subject to a successful rezoning and entitlement process. For groups seeking a more near-term execution, the existing OPI zoning supports a range of office, medical, and professional uses, allowing for an office-focused redevelopment or repositioning strategy that leverages strong traffic counts and corridor visibility. In addition, a buyer could simply continue to utilize the existing structure, which has operated as a successful event, party, and membership venue, preserving current functionality while planning future redevelopment. Investors and developers can pursue either a rezoning for residential or mixed-use density to capture ongoing eastward expansion, capitalize on the in-place OPI zoning for a modern office or professional project, or maintain and enhance the current improvements as an income-producing asset.
See link to marketing site -
https://buildout.com/website/4880FruitvilleRd

Property Facts

Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class B
Lot Size 2.90 AC
Building Size 9,400 SF
No. Stories 1
Year Built/Renovated 1978/1990
Parking Ratio 10/1,000 SF
Zoning OPI
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
0045-02-0006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,767,302
  • Listing ID: 39956693

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 4880 Fruitville Rd, Sarasota, FL 34232

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