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Utc Mall
Sarasota, FL 34235

Develop up to 65 condo's or 45 town homes · Land For Sale · 3.08 AC

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 3.08 AC

Description

Unique opportunity to develop five residential condo buildings in the Grande Oaks Preserve, a 30 acre gated community with majestic 100 year old oak trees, three small lakes, lighted tennis courts with viewing stands, pool and clubhouse in the University Parkway area of Sarasota. Unlike other land opportunities, Grande Oak allows for vertical construction immediately. All amenities, roads, utilities and site work is complete. Approvals, architectural drawings and marketing are ready for a new developer to step in and start construction while the market is active. The cost savings compared to acquiring raw, undeveloped land are significant. Presently, 60 units (five buildings) were developed and sold in the mid-2000’s. The property is fully-gated and 18 of its 30 total acres have been set aside as a nature preserve; giving Grand Oaks a tranquil, nature feel. All units overlook a nature preserve or the large, fountained lake on the property. The 2BR and 3BR completed units (averaging ~2,300 sf) were built to condo-quality with high ceilings and all typical finishes. A developer/builder would have an opportunity to choose between approved townhouse style units or classic condominium units.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0017-01-0015
Land Assessment
$457,200
Improvements Assessment
$0
Total Assessment
$457,200

zoning

Zoning Code RSF3 - RESIDENTIAL, SF
RSF3 - RESIDENTIAL, SF
  • Listing ID: 14162117

  • Date on Market: 10/23/2018

  • Last Updated:

  • Address: Utc Mall, Sarasota, FL 34235

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