Land for Sale in Sarasota, Florida

8751 Fruitville Rd Sarasota, FL 34240

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$3,500,000
11 acres
pending saleUnder contract

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.

Directions

Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club.

Location

Street Address
8751 Fruitville Rd
Community
Palmer Farms 3rd
Elevation
36 feet
Coordinates
27.3402, -82.3956

Property details

Zoning
OUR
MLS Number
MFRMLS A4553122
Date Posted

Property taxes

2021
$16,087

Parcels

  • 0221013316

Legal description

Resources

This 11-acre property is located at 8751 Fruitville Rd in Sarasota, FL 34240 with latitude 27.3402 and longitude -82.3956. The property is currently pending sale for $3,500,000 with a price per acre of $318,182. Listing data is sourced from Stellar MLS # A4553122.

Verify sale details at the property source or contact Keller Williams On the Water S at (941) 803-7522.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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