Property Description

Under contract-accepting backup offers. 11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.

Features
: Public Sewer
: Cable Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Underground Utilities, BB/HS Internet Available, Phone Available, Street Lights, Fire Hydrant, Fiber Optics, Sprinkler Well
: Pond, Lake
Address Map
US
FL
Sarasota
Sarasota
PALMER FARMS 3RD
34240
FRUITVILLE
8751
ROAD
W83° 36' 15.9''
N27° 20' 25.1''
South
Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club.
34240 - Sarasota
OUR
Neighborhood
Tatum Ridge Elementary
Sarasota High
McIntosh Middle
Additional Information
520X624
: Public, Well, Canal/Lake For Irrigation
https://www.propertypanorama.com/instaview/stellar/A4553122
2022-12-01
: Paved, Sidewalk, Level, Cleared, In County, Street Lights, Out Parcel, Compact Soil, Filled, Zoned for Horses
: Business
: Activity Core/Center
Financial
16087
Listing Information
281524575
281521326
Lease Option,Lease Purchase,Private Financing Available
Pending
2024-07-13T12:56:07Z
Stellar
: None
2023-09-26T13:06:07Z

Land For Sale

8751 Fruitville Road, Sarasota, Florida 34240

11 Acre
$3,500,000
Listing ID #A4553122
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : A4553122
Price : $3,500,000
Lot Area : 11 Acre
Office Name : KELLER WILLIAMS ON THE WATER S
Agent Name : Gary Turner
Waterfront Yn : 1
Listing Status : Pending
Agent info
Contact Agent