Active

$12,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRA4602611
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Located at 4101 and 4103 S School Avenue and adjacent to Sarasota's redeveloped Bath & Racquet Club, this exceptional 4.77 +/- acres of vacant land offers an enticing prospect for crafting up to 21 single-family homes. This 2 parcel property features approved RSF-3PUD zoning, facilitating a 4.5 unit per acre development envelope. The 21-unit concept plan includes a private road with gate access at the end of School Avenue, permitted building heights up to 55' if desired, and plenty of green space and parkland. Alternate concepts & configurations are available. Boasting seamless access to shopping, restaurants, A-rated schools, parks, beaches, downtown Sarasota, St. Armand's, Longboat Key, and I-75, this prime location presents an ideal fusion of convenience and potential. It's an opportune moment to curate a beautiful community that embodies the essence of luxurious Sarasota living. Seller financing and partnership opportunities are available for a qualified buyer.
Financial Considerations
Price:
$12,600,000
HOA Fee:
N/A
Tax Amount:
$9101.4
Price per SqFt:
$60.63
Tax Legal Description:
COM AT SW COR OF SE 1/4 OF NW 1/4 OF SEC 5-37-18 TH N 00-07-40 W 683.44 FT TH N 00-21-46 W 322.77 FT FOR POB TH N 89-24-02 E 323.69 FT TH N 01-59-17 W 323.66 FT TH S 89-15-21 W 278.99 FT TH S
Exterior Features
Lot Size:
207834
Lot Features:
Buildable
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:
South
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    4101/4103 S SCHOOL AVE
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