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128 N Briggs Ave - Prime Fruitville Development
1.04 Acres of Commercial Land Offered at $1,375,000 in Sarasota, FL 34237
Investment Highlights
- 50000 Cars-a-day exposure
- Triple Frontage
Executive Summary
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$10,007
|
$9,622.12
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,007
|
$9,622.12
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $10,007 |
| Annual Per AC | $9,622.12 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $10,007 |
| Annual Per AC | $9,622.12 |
Property Facts
| Price | $1,375,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Price | $1,375,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.04 AC |
1 Lot Available
Lot
| Price | $1,375,000 | Lot Size | 1.04 AC |
| Price Per AC | $1,322,115 |
| Price | $1,375,000 |
| Price Per AC | $1,322,115 |
| Lot Size | 1.04 AC |
Mult parcel ID's
Description
What will soon be 2701 Fruitville Rd, after you buy it. Sarasota City passed earlier in the year, up to 75 units/acre, high density residential. Endless commercial applications as well. 270' of frontage, 150' deep, 3 access points, 50000 cars a day, a perfect rectangle. Very few properties of this scale with the correct future land use pencil out these days, this one does. Inquire with listing agent about those density bonuses if you prefer multifamily development. The cherry on top, this property includes a 3/2 single family home, roughly 20k gross annual income back to your pocket while you wait for standard approval process'. Want more? The seller would consider holding paper for well qualified buyers.
Presented by
128 N Briggs Ave - Prime Fruitville Development
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