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Southgate Ct - Prime Development Opportunity on Golf Course

3.69 Acres of Residential Land Offered at $750,000 in Sarasota, FL 34243

Investment Highlights

  • Golf Course Frontage in Palm Aire Golf & Country Club, surrounded by Established Neighborhood with Mature Trees, Backing Up to Cedar Creek
  • 3.69 Acres, Ready to Develop Single-Family Homes or Multi-Family Homes, Subject to Manatee County Final Approvals
  • Signature Development Opportunity in Prime Location of Sarasota/University Pkwy area! Near UTC, Lakewood Ranch, SRQ Airport, Beaches & I-75

Executive Summary

Prime Sarasota investment opportunity to develop 3.69 acres, with no time frame to build and 469 ft of golf course frontage!

Property Facts

Price $750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.69 AC

1 Lot Available

Lot

Price $750,000
Price Per AC $203,252
Lot Size 3.69 AC

Prime property! 3.69 acres to develop, w/mature trees, golf course frontage & a tranquil setting overlooking Cedar Creek. Endless possibilities from single-family homes to multi-family homes or build an estate home hidden in a tropical forest!

Description

PRIME DEVELOPMENT OPPORTUNITY IN BOOMING SARASOTA W/GOLF COURSE FRONTAGE! 3.69 acres ready to develop a unique enclave of upscale single-family homes, multi-family homes, or an estate home hidden in a tropical forest! This property is in a HIGHLY DESIRABLE LOCATION, with a prestigious Sarasota address, just north of University Pkwy, Sarasota-Manatee County line and west of Lakewood Ranch. Ideal for a developer or savvy investor looking for an opportunity to create a signature development, transform it into a destination, and build a legacy, with no time frame to build! It features magnificent scenic views of the Lakes Course, near the much loved 12th hole, Par 4, with beautiful Cedar Creek running along the back portion of this land. This unplatted, vacant land is a rare find, hidden in the legendary Palm Aire Country Club, with numerous other award-winning golf courses close by. Palm Aire CC has two superb 18-hole, par 72 championship golf courses, surrounded by natural wildlife habitat, preserved wetlands, and Florida's natural beauty of its land around the communities. Optional membership opportunities allow unlimited golf, tennis, pickleball, fitness center, swimming, dining, and various social activities. Perfectly situated, less than 10 minutes from Lakewood Ranch, I-75 exit 213 west, University Pkwy, and just north of the Palm Aire Golf and Country Club entrance. One of the most breathtaking free amenities close by to explore is Conservatory Park, which consists of 55 acres, and a 10-acre lake that is beyond spectacular. Features a shaded walking park with winding nature trails, bike riding, a picnic pavilion, dog walkers, and a playground. This potential development is just minutes from The Mall at UTC with its world-class shopping, fine dining restaurants, and top destination venue locations. A quick drive to Downtown SRQ and its vibrant nightlife, entertainment, boating near the marina on Sarasota Bay, and close to multiple Keys/Islands to choose from at the award-winning Sarasota & Manatee Gulf Coast beaches with gorgeous turquoise waters. SRQ International Airport is conveniently located only 10 minutes away.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19208-0005-7
Land Assessment
$407,745
Improvements Assessment
$0
Total Assessment
$407,745

zoning

Zoning Code PD-R (Planned Development—Residential.)
PD-R (Planned Development—Residential.)
  • Listing ID: 30278295

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: Southgate Ct, Sarasota, FL 34243

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