Address8751 Fruitville Road, SARASOTA, FL, 34240

Price$3,500,000

  • 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.

    Essential Information

    • MLS® #A4553122
    • Price$3,500,000
    • Bathrooms0.00
    • Acres11.00
    • TypeLand
    • StatusPending

    Community Information

    • Address8751 Fruitville Road
    • AreaSarasota
    • SubdivisionPALMER FARMS 3RD
    • CitySARASOTA
    • CountySarasota
    • StateFL
    • Zip Code34240

    Amenities

    • Is WaterfrontYes
    • WaterfrontLake, Pond

    Exterior

    School Information

    • ElementaryTatum Ridge Elementary
    • MiddleMcIntosh Middle
    • HighSarasota High

    Additional Information

    • Date ListedDecember 1st, 2022
    • Days on Market534
    • ZoningOUR

    Listing Details

    Lot Description

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

    Office

    KELLER WILLIAMS ON THE WATER S

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