Active

$1,600,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 3100 sq ft
Overview
  • ID: MFRA4635469
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 3100 sq ft
Property Details
Remarks
Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process. Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies. With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.
Financial Considerations
Price:
$1,600,000
HOA Fee:
N/A
Tax Amount:
$5378.68
Price per SqFt:
$516.13
Tax Legal Description:
PARCEL LYING IN S 1/2 OF SEC 23-38-18 & BEING A PART OF BLK B, TUCKERS ADDITION & PART OF CHRISTIE AVE VACATED IN OR 1505 PG 987, ALL BEING DESC AS COM AT NE COR OF SW 1/4 OF SAID SEC 23 TH
Exterior Features
Lot Size:
122274
Lot Features:
Level, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Electric Water Heater, Range
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1963
Construction Type:
Frame, Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Mailbox, Rain Gutters
Additional Features 2:
Per County Rules
Map
  • Address
    121 CHRISTIE AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 300,000
avt
Daniel Dourado
$ 429,900
avt
Daniel Dourado
$ 489,900
avt
Daniel Dourado
$ 499,900
avt
Daniel Dourado
$ 262,800
avt
Daniel Dourado
$ 275,000
avt
Daniel Dourado
$ 350,000