Active

$5,610,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8448889
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Introducing a rare and expansive 255 tracts opportunity situated just two miles south of Myakka City and adjacent to the iconic Terranova Equestrian Ranch. The land is subdivided into 255 acre parcels. The buyer can configure their land purchase depending on the land Prime 1,675-Acre Luxury Development Opportunity Adjacent to Terranova Equestrian Ranch Property Overview Introducing a rare and expansive 1,675-acre development opportunity situated just two miles south of Myakka City and adjacent to the iconic Terranova Equestrian Ranch. This exceptional tract of land is perfectly positioned west of Myakka City and east of Sarasota, providing an ideal setting for a world-class luxury community. The property boasts over one mile of frontage on scenic Clay Gully Road, with additional access from MJ Road, ensuring ease of entry and outstanding visibility. Key Features Location: West of Myakka City, east of Sarasota, 2 miles south of Myakka City center Size: 1,675 acres of prime, contiguous land Proximity: Adjacent to the renowned Terranova Ranch Luxury Equestrian Estate; only 4 miles east of Soleta Golf Club Zoning: AG-5 zoning allows for 5-acre homesites, supporting one luxury dwelling lot Development Potential: Approved for up to 335 ranchette homes, each on a spacious 5-acre lot Projected Home Values: Comparable properties in the area are listed for $1.5M to $10M; new homes can sell in the $1.5M to $2.5M range Access: Over one mile of paved road frontage on Clay Gully Road plus access from MJ Road Unmatched Development Potential This one-of-a-kind property offers an unparalleled opportunity for developers and builders seeking to create an exclusive luxury community reminiscent of Soleta Golf Club or Terranova Ranch. With 335 potential lots, the site is perfectly suited for large estate homes, equestrian facilities, and high-end amenities. The generous zoning and lot sizes make this an ideal canvas for those looking to build a legacy neighborhood or private enclave for discerning buyers. Strategic Location Nestled in the heart of Floridas most desirable equestrian and luxury residential corridor, this property is surrounded by multi-million dollar estates and world-class country clubs. Residents will enjoy the tranquility of rural living with the convenience of nearby Sarasotas vibrant dining, shopping, and entertainment options. Development Options The seller invites qualified builders, investors, and developers to consider flexible acquisition options, such as: Outright sale of the 1,675-acre property Sufficient time for paper lot approvals The seller will also allow ample time for entitlements, including cluster-planned luxury development and community improvements. Ideal Uses Luxury equestrian estates Private gated ranchette communities Country club-style developments High-end rural residential enclaves
Financial Considerations
Price:
$5,610,000
HOA Fee:
N/A
Tax Amount:
$1460
Price per SqFt:
$0.51
Tax Legal Description:
A PARCEL OF LAND LYING & BEING IN SECTIONS 2, 3, 10 & 11 TWN 37 RNG 21 BEING DESC AS FOLLOWS: COM AT THE NE COR OF THE W1/2 OF SD SEC 2; TH S, ALG THE E LN OF SD W1/2, A DIST OF 2737.72 FT FOR A POB; TH CONT S, ALG SD E LN & THE E LN OF THE W 1/2 OF SD SEC 11, A DIST OF 3735.24 FT TO A PT ON THE N LN OF THE S 1635 FT OF SD SEC 11 LYING N OF THE NLY R/W LN OF
Exterior Features
Lot Size:
11050431
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    142 142ND
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