Downtown Development Site For Sale
Vacant Land
for Sale
| Catylist Listing ID: |
5925760 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail
|
| Gross Land Area: |
73,305 SF
|
| Sale Price: |
$4,200,000 |
| Unit Price: |
$57.29 PSF |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/12/2021 |
Overview / Comments
The subject property is a well located site on the east edge of the
downtown core with frontage on East Avenue, 1st Street and Audubon Place. This is an excellent location for residential apartment or condominiums as well as office, restaurant or retail. The accessibility and proximity to all the amenities of downtown Sarasota make this property a unique development opportunity. The DTC zoning provides unprecedented flexibility of use and development potential of up to 10-stories and 50-units per acre (84 units on this site).
Tax ID/APN: 2029-04-0008,2029-04-0004,2029-04-0010,2029-04-0011,2029-04-0012,2029-04-0023,2029-04-0025.
|
Additional Details
| Nearest MSA: |
North Port-Sarasota-Bradenton |
| County: |
Sarasota |
| Tax ID/APN: |
2029-04-0004 |
| Zoning: |
DTC |
| Property Visibility: |
Good |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,403 |
87,442 |
169,850 |
| Median Age: |
41.53 |
44.96 |
47.89 |
| Households: |
6,284 |
38,877 |
77,680 |
|
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