Seller Financing
Address
4101 S School Ave, Sarasota, FL
Price
$ 12,600,000
Property Attributes
  • MLS#224019588
  • TypeLand
  • CountySARASOTA
  • CitySarasota
  • AreaOA01 - Out of Area
  • NeighborhoodSarasota Ranch Estates
  • Zip34231
  • Style
  • Taxes$ 9101
  • Price$ 12,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.77 Acres
Data Source:
Naples Area BOR (NABOR)
Property Description

Located at 4101 and 4103 S School Avenue and adjacent to Sarasota's redeveloped Bath & Racquet Club, this exceptional 4.77 +/- acres of vacant land offers an enticing prospect for crafting up to 21 single-family homes. This 2 parcel property features approved RSF-3PUD zoning, facilitating a 4.5 unit per acre development envelope. The 21-unit concept plan includes a private road with gate access at the end of School Avenue, permitted building heights up to 55' if desired, and plenty of green space and parkland. Alternate concepts & configurations are available. Boasting seamless access to shopping, restaurants, A-rated schools, parks, beaches, downtown Sarasota, St. Armand's, Longboat Key, and I-75, this prime location presents an ideal fusion of convenience and potential. It's an opportune moment to curate a sophisticated community that embodies the essence of luxurious Sarasota living. Seller financing and partnership opportunities are available for a qualified buyer.

Price History
3/1/2024 Listed $12,600,000

General Features

Amenities None
Sewer None
Possession At Closing
Utilities Available Other
Water Central
Condo Fee 0.00
HOA Fee 0.00
View None/Other
Property Type Lot & Land
Maintenance None
Section 5
Development SARASOTA RANCH ESTATES
Development Name SARASOTA RANCH ESTATES
Tax Year 2023
Status Active
Land Lease Fee 0.00
Master HOA Fee 0.00
Acres 4.7700
Cumulative Days on Market 62
Amenity Fee 0.00
Mandatory Club Fee 0.00
Special Assessment 0.00
Community Type Non-Gated
Taxes 9101.40
Subdivision SARASOTA RANCH ESTATES

Interior Features

Range 18

Exterior Features

Road Dead End
Irrigation None
Land Use Code 00-Vacant Residential
Price Per Acre 2641509.43
Waterfront Desc None
Canal Width None
Lot Description Other
Boat Access None
Gulf Access No
Rear Exposure S
Lot Type Residential Lot

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34231

Price
AVG $2.7M
$12.6M
Taxes
AVG $8,704
$9,101
Visits
AVG 454
76
Data Provided by Inside Real Estate®

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