Property Listing No Longer Available for Sale

1351 Fruitville Road, Sarasota, FL

Land for Sale - $3,690,000 - 0.67 acres


Property Info

CIMLS#1069690
Location
  1351 Fruitville Road
  Sarasota FL 34236
UpdatedMarch 5th, 2020
TypeLand
Price$3,690,000
Land0.67 acres

Property Description

This area is vibrant and bordered by new residential condominium apartment, hotel and mixed-use projects. This property has 300 ft of frontage on Fruitville road and is one of the last remaining land re-development opportunities in downtown Sarasota. Walking distance to the Quay re-development and Tamiami Trail to the west, the Rosemary District to the North and center of the city to the South. Traffic count is 22.500 vehicles per day, providing excellent exposure.

Zoning is downtown edge defined as a densely, mixed use area with 5 stories maximum.

The property is also in the Rosemary Residential Overlay District (RROD) with an objective of increased density of 40 units per acre. There is an 'affordable housing' component that would allow for increased density.


Financials



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