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Under contract-accepting backup offers. 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. 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.
DAYS ON MARKET | 510 | LAST UPDATED | 9/26/2023 |
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TRACT | PALMER FARMS 3RD | YEAR BUILT | 0 |
COMMUNITY | 34240 - Sarasota | COUNTY | Sarasota |
STATUS | Pending | PROPERTY TYPE(S) | Lot/Land/Acreage |
Elementary School | Tatum Ridge Elementary |
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Jr. High School | McIntosh Middle |
High School | Sarasota High |
ADDITIONAL DETAILS | |
AREA | 34240 - Sarasota |
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BUYER'S BROKERAGE COMPENSATION | 2.5% |
LOT | 11 acre(s) |
LOT DESCRIPTION | Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Paved, Sidewalk, Street Lights, Zoned for Horses |
LOT DIMENSIONS | 520X624 |
SEWER | Public Sewer |
SUBDIVISION | PALMER FARMS 3RD |
TAXES | 16087 |
UTILITIES | BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected |
WATER | Canal/Lake For Irrigation, Public, Well |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Lake, Pond |
ZONING | OUR |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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