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8751 Fruitville Rd
Sarasota, FL 34240
Land For Sale · 11.00 AC

Investment Highlights

  • OUR Zoning Use
  • Drainage infrastructure in place
  • Entitlements can be calculated on 22 acre parcel
  • Possible owner financing
  • Near rapidly growing Lakewood Ranch & Waterside Place
  • Possible 600 parking spaces could be used by buyer

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Schools
Total Lot Size 11.00 AC
No. Stories 1
Zoning OUR - Open use rural

Description

11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property and the Commercial and Light Industrial Overlay for Fruitville Rd allows for very versatile development opportunities. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.

Property Taxes

Property Taxes

Parcel Number
0221-01-3316
Land Assessment
$2,036,600
Improvements Assessment
$5,916,900
Total Assessment
$7,953,500
  • Listing ID: 27157087

  • Date on Market: 11/19/2022

  • Last Updated:

  • Address: 8751 Fruitville Rd, Sarasota, FL 34240

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