Pending
8751 FRUITVILLE RD
SARASOTA FL, 34240
$3,500,000
$10.79 per sqft
Pending
7.45 Acres
Land
Under contract-accepting backup offers. 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.
A4553122
MLSⓇ ID
December 1, 2022
Listed
November 22, 2024
Updated
Map
8751 FRUITVILLE RD
SARASOTA FL, 34240
Exterior/Building Features
Lot Size
7.45 Acres
Lot Features
Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned for Horses
Sewer
Public Sewer
School Information
High School
Sarasota High
Elementary School
Tatum Ridge Elementary
Other Property Details
Area Name
34240 - Sarasota
Taxes
$16,087
Tax Frequency
Annually
Days on Market
285
Association Fee Frequency
Monthly
Garage
No
View
No
County
Sarasota
Municipality
36
Water Source
Canal/Lake For Irrigation, Public, Well
Pool
No
Waterfront
Yes
Zoning
OUR
Listed by KELLER WILLIAMS ON THE WATER S
Listing Contact: 941-803-7522
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Data last updated 11/22/2024, 7:40 AM UTC