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8751 FRUITVILLE RD, SARASOTA, FL, 34240

$ 3,500,000.00
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1 year, 7 months

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8751 FRUITVILLE RD, SARASOTA, FL, 34240

bed -- Beds
bed -- Bath
bed 324480 Sq.Feet
bed -- Beds
bed -- Bath
bed 324480 Sq.Feet

$ 3,500,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.
Directions:- Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club.

Property details

Living Area

-- Square Feet

Total Area

-- Square Feet

Original List Price

$3,500,000.00

Private Pool

No

Fire place

No

Direction Faces

South

Days On Market

68

Lot Features

Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned for Horses

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Home Price

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Property Price

Date Event Price Price/Sq Ft Source
03/08/2023 Active $3500000 0.0 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
School Name Type Distance
McIntosh Middle MiddleOrJuniorSchool 0
Tatum Ridge Elementary ElementarySchool 0
Sarasota High HighSchool 0

Location

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