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2250 Fruitville Rd 1.92 Acres of Commercial Land Offered at $12,104,662 CAD in Sarasota, FL 34237

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INVESTMENT HIGHLIGHTS

  • 1.92 Acre site with 280 feet of Fruitville Rd frontage (41,000 ADT)
  • Currently CG zoning however Owner is rezoning to DTE
  • Great location minutes from Downtown Core
  • Seller Financing Available
  • Potential for multi-family and mixed use developments
  • The Legacy Trail runs along the western side of this property

EXECUTIVE SUMMARY

Price reduced and Seller financing available! Presenting a prime development opportunity, this property at 2250 Fruitville Rd, Sarasota, FL, 34237 boasts a 1.92 acre site fronting directly along Fruitville Rd. just minutes from the Downtown Core. Located in the bustling Downtown area, this strategic location benefits from high visibility and access to urban amenities. With a rich history and significant square footage, this property is primed for transformation and presents a promising prospect for Retail/Multifamily developers seeking to capitalize on the vibrant Sarasota market. The property is currently zoned Commercial General, however the Owner is going through the process of rezoning to Downtown Edge which will allow for larger multi-family density. This property offers an ideal foundation for a multifamily development or a versatile mixed-use project and could accommodate townhomes, low-rise apartments, and a variety of other potential projects. By having the Owner going through the rezone process, a buyer/developer can plug in with their specific site plans to speed up their development timeline significantly.

PROPERTY FACTS

Price $12,104,662 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 1.92 AC
No. Stories 1
Zoning CG/DTE - Commercial General. Owner is in process of rezoning to DTE.

1 LOT AVAILABLE

Lot

Price $12,104,662 CAD
Price Per AC $6,304,511.49 CAD
Lot Size 1.92 AC

1.92 Acre site near Downtown Sarasota

DESCRIPTION

Located in the heart of downtown Sarasota, the area surrounding the property at 2250 Fruitville Rd is a bustling hub for business and commerce. The location offers easy access to a thriving business district, renowned cultural institutions such as the Sarasota Opera House and the Florida Studio Theater, and a diverse array of restaurants, shops, and entertainment venues. Other nearby attractions include the Marie Selby Botanical Gardens, the Van Wezel Performing Arts Hall, the Sarasota Art Museum, and the newly expanded Legacy Trail which runs right in front of this prime site. With its strategic position in this vibrant commercial district and frontage along the busy Fruitville Rd, the property presents an attractive opportunity for developers looking to develop a mixed-use or residential project and capitalize on Sarasota's dynamic market.

Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2029-03-0012
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,006,126 CAD
  • Listing ID: 35922100

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 2250 Fruitville Rd, Sarasota, FL 34237

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