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.
- Price:
- $3,500,000
- Acreage:
- 11.00
- Listing ID #:
- MFRA4553122
- Street Address:
- 8751 Fruitville Rd
- City:
- Sarasota
- State:
- Florida
- Postal Code:
- 34240
- County:
- Sarasota
- Community:
- Sarasota
- Subdivision:
- Palmer Farms 3rd
- Listing Status:
- Active
- Listing Type:
- Land
K-5
700 students
16 student/teacher
K-12
45 students
6 student/teacher
6-8
900 students
16 student/teacher
9-12
1795 students
18 student/teacher
9-12
5000 students
- Building Faces:
- South
- Conforms To Zoning:
- Our
- Existing Land Use:
- Business
- Federal Flood Zone:
- X
- Lot Features:
- Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned For Horses
- Lot Square Footage:
- 324480
- Road Frontage Type:
- County Road, Turn Lanes
- Road Type:
- Asphalt
- Vegetation:
- Mature Landscaping, Oak Trees, Wooded
- Community Features:
- Activity Core/Center
- Days On Market:
- 187
- On Market Date:
- 2022-12-01
- Originating Mls:
- Mfrmls
- Price Per Acre:
- 318182
- Terms:
- Lease Option, Lease Purchase, Private Financing Available
- Ownership:
- Fee Simple
- Property Taxes:
- $16,087
- Tax Year:
- 2021
- Existing Water:
- Canal/Lake For Irrigation, Public, Well
- Sewage Type:
- Public Sewer
- Utilities:
- Bb/Hs Internet Available, Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
- Has Water Access:
- 1
- Water Access Type:
- Lake, Pond
- Water View:
- 1
- Water View Description:
- Lake, Pond
- Waterfront:
- Yes
- Waterfront Description:
- Lake, Pond
- Waterfront Footage:
- 1000
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: KELLER WILLIAMS ON THE WATER, 941-803-7522
