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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 | Total Lot Size | 3.08 AC |
Property Subtype | Residential |
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.
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PROPERTY TAXES
Parcel Number | 0017-01-0015 | Improvements Assessment | $0 |
Land Assessment | $457,200 | Total Assessment | $457,200 |
PROPERTY TAXES
zoning
Zoning Code | RSF3 - RESIDENTIAL, SF |
RSF3 - RESIDENTIAL, SF |
Learn More About Investing in Land
Listing ID: 14162117
Date on Market: 10/23/2018
Last Updated:
Address: Utc Mall, Sarasota, FL 34235
The Land Property at Utc Mall, Sarasota, FL 34235 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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