Fantastic residential development opportunity on 4.77± acres of contiguous land at 4101–4103 S School Ave in central Sarasota, ideal for a builder or infill residential developer. One parcel is zoned PUD and the adjoining parcel is zoned RSF3, providing flexibility for a low-density residential community with the potential to create a cohesive neighborhood plan (buyer to confirm entitlements and density during due diligence). The property is currently vacant land and can accommodate a meaningful single-family program under the existing zoning framework, offering rare scale in an established in-town location. Surrounded by established neighborhoods, schools, and retail, the site is well-positioned to capture strong builder demand.
Financial Considerations
Price:
$7,350,000
HOA Fee:
N/A
Tax Amount:
$16667.05
Price per SqFt:
$71.16
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