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Off Market
1/10

1400 Desoto Rd
Sarasota, FL 34234


HIGHLIGHTS

  • 16.67-42.5-ACRES WITHIN SARASOTA CITY LIMITS
  • ADJACENT 26.5-ACRE SITE AVAILABLE - ZONED CI
  • PLANS FOR 280-UNIT APARTMENT/CONDO COMPLEX
  • MULTIFAMILY-MEDICAL/HEALTH CARE OR COMMERCIAL DEVELOPMENT
  • SELLER FINANCING OFFERED TO QUALIFIED PURCHASER
  • CALL FOR PRICING AND FURTHER INFORMATION!

OVERVIEW

Development! Note: Also available is a 26.5-acre site adjacent this site. 5400 Old Bradenton Rd. This property is zone CI. Both properties provide 42-acres of property within the City limits of Sarasota. Asking Price: Call for Pricing Zoning permits 18-units per Acre. (Possible 25-Units per acre) Location: 1400 Desoto Rd This property consists of 16.57-acres situated directly across from the Sarasota-Bradenton International Airport. This is the last property with over 16-acres that is located within the Sarasota City limits. The owner has development plans in place for a 280-unit Apartment Complex or Condominium. Zoning also permits the following developments: 1. ALF/Memory Care/Retirement Community 2. Student Housing Financing: Seller may consider providing Seller Financing to a qualified Purchaser.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

STATUS

Proposed

BUILDING DETAILS

PROPERTY NAME

16.67-42.5-Acres - High Density Development

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

330000

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0025-03-0031