8751 Fruitville Road, Sarasota, FL 34240
- $3,500,000
- Sold Price
- $3,500,000
- List Price
- $3,500,000
- Status
- Sold
- Days on Market
- 298
- Closing Date
- Feb 17, 2025
- MLS#
- A4553122
- Lot Size
- 324,480
- Acres
- 11
- Total Acreage
- 10 to less than 20
- Legal Subdivision Name
- Palmer Farms 3rd
- Complex/Comm Name
- Faith Baptist Church
- Community Name
- Palmer Farms
- MLS Area Major
- Sarasota
Property Description
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.
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Additional Information
- Taxes
- $16087
- Location
- Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned for Horses
- Community Features
- Activity Core/Center, No Deed Restriction
- Zoning
- OUR
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
- Pool
- No Pool
- Elementary School
- Tatum Ridge Elementary
- Middle School
- Mcintosh Middle
- High School
- Sarasota High
- Water View
- Lake, Pond
- Water Access
- Lake, Pond
- Water Frontage
- Lake, Pond
- Flood Zone Code
- X
- Parcel ID
- 0221013316
- Legal Description
- COM AT NW COR OF SEC 22-36-19, TH N 89-10-30 E 1062.65 FT FOR POB TH CONT N 89-10-30 E 763.94 FT TH S 00-31-15 W 1257.61 FT TO N R/W OF FRUITVILLE RD TH S 89-00-41 W 161.62 FT TH S 89-14-37 W 520
Listing courtesy of KELLER WILLIAMS ON THE WATER S. 941-803-7522
Selling Office: STELLAR NON-MEMBER OFFICE.Mortgage Calculator
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