University | Sarasota, FL 34234
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University
Sarasota, FL 34234
20 Unit Apartment Development · Land For Sale · 2.48 AC
Investment Highlights
- 20 Unit Apartment Development in City Limits
- 9 units/acre
- SRQ, Ringling Close By
- 2.48 ac+/-
- Feasibility Completed
- Available for $32,000/door
Executive Summary
Potential 20 unit apartment development project within City of Sarasota limits. Parcel is 2.48 ac+/- with zoning allowing 9 units per acre. Jurisdictional Determination completed on Wetlands , Boundary ,Topo & Tree Survey including Tree Study available. Sample site plan available with one 2-story building and two single story buildings. Located on the corner of Old Bradenton Rd and University Pkwy, this parcel is within walking distance to the airport, with Ringling Museum, Ringling College of Art, and New College nearby. Just minutes from Downtown Sarasota and Lakewood Ranch.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 2.48 AC |
| Property Type | Land | Cross Streets | Old Bradenton Rd |
| Property Subtype | Commercial |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.48 AC |
| Cross Streets | Old Bradenton Rd |
1 Lot Available
Lot
| Price | $800,000 | Lot Size | 2.48 AC |
| Price Per AC | $322,581 |
| Price | $800,000 |
| Price Per AC | $322,581 |
| Lot Size | 2.48 AC |
Description
Located on the corner of Old Bradenton Rd and University Pkwy, this parcel is within walking distance to the airport, with Ringling Museum, Ringling College of Art, and New College nearby. Just minutes from Downtown Sarasota and Lakewood Ranch.
PROPERTY TAXES
| Parcel Number | 2001-01-0001 | Improvements Assessment | $0 |
| Land Assessment | $569,300 | Total Assessment | $569,300 |
PROPERTY TAXES
Parcel Number
2001-01-0001
Land Assessment
$569,300
Improvements Assessment
$0
Total Assessment
$569,300
zoning
| Zoning Code | RMF2 (single family moderate - low density residential) |
| RMF2 (single family moderate - low density residential) |
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