Active

$3,750,000

Features:
  • 3 Bedrooms
  • 4 Bathrooms
  • 2142 sq ft
Overview
  • ID: MFRN6133298
  • Bedrooms: 3
  • Bathrooms: 4
  • Size: 2142 sq ft
Property Details
Remarks
Awesome development opportunity on 5.23 acres close to the new Sarasota Memorial Hospital and Sarsasota County Sherriff's building as well as Publix shopping plaza and restaurants nearby. Only 4.5 miles to Nokomis Beach or 6.6 miles to Venice Beach. This entire parcel is Flood Zone X. Assemblage available with 2 neighbors parcels to bring it to 16.68 acres. Area Growth & Development Momentum The subject property is positioned within one of the fastest-growing corridors in South Sarasota County, surrounded by substantial planned and recently delivered development that continues to transform the Laurel Road / I-75 area into a true mixed-use destination. Immediately east of the site, a major master-planned mixed-use project is advancing on approximately 32 acres. This development is expected to introduce a full spectrum of uses including hospitality, office, retail, residential, assisted living, and self-storage—bringing new population density, employment, and daily traffic to the immediate area. To the west, Casatta Lakes is delivering a 151-home luxury residential community, with custom new construction homes commanding prices well above $700,000. This high-income residential base strengthens long-term demand for retail, medical, service, and lifestyle-oriented uses nearby. Southwest of the property, a large-scale commercial mixed-use project is planned along Laurel Road, anchored by national big-box retailers including Walmart and Home Depot. This development will further solidify Laurel Road as a primary retail and commercial spine serving both local residents and regional traffic. The area is also anchored by Sarasota Memorial Hospital, which has already completed a significant expansion and continues to invest heavily in the surrounding medical district. Current plans include a new state-of-the-art Rehabilitation Pavilion, reinforcing the corridor’s role as a regional healthcare hub and driving sustained demand for medical office, outpatient, hospitality, and supporting commercial uses.
Financial Considerations
Price:
$3,750,000
HOA Fee:
N/A
Tax Amount:
$3300
Price per SqFt:
$1750.7
Tax Legal Description:
LOT 3 TWIN LAUREL ESTATES
Exterior Features
Lot Size:
227935
Lot Features:
Oversized Lot, Zoned for Horses
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
Yes
Pool Features:
Screen Enclosure
Interior Features
Bedrooms:
3
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Carpet, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1981
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Southeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
See county restrictions, currently 30 day minimum.
Map
  • Address
    1107 TWIN LAUREL BLVD
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