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4101-4103 S School Ave 4.77 Acres of Commercial Land in Sarasota, FL 34231

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Investment Highlights

  • 4.77± acres of vacant land in central Sarasota.
  • One parcel zoned PUD; adjacent parcel zoned RSF3 for development flexibility.
  • Close to shopping, restaurants, medical facilities, parks, and world-class beaches.
  • Located just east of US-41/Tamiami Trail with convenient access to Bee Ridge Road and Siesta Key.
  • Area undergoing active redevelopment and infill, supporting long-term value.

Executive Summary

This 4.77± acre property at 4101–4103 S School Avenue in Sarasota, Florida, presents a prime residential development opportunity in a rapidly redeveloping area. Positioned just east of US-41/Bee Ridge Road, the site offers excellent connectivity to downtown Sarasota, Tamiami Trail, Sarasota Memorial Hospital, and the barrier islands, including Siesta Key. The property’s central location ensures proximity to shopping, dining, medical facilities, and cultural attractions, making it highly desirable for future residents.
The site consists of two contiguous parcels, one zoned PUD and the other RSF3, providing flexibility for a low-density residential community or a cohesive neighborhood plan (buyer to confirm entitlements and density during due diligence). The property is currently vacant and well-suited for a builder or infill residential developer seeking scale in an established in-town location. Surrounded by established neighborhoods and retail amenities, this site is positioned to capture strong demand for new housing in Sarasota’s growing market.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 4.77 AC
No. Stories 2
Zoning RSF2 - Residential Development Opportunity

1 Lot Available

Lot

Lot Size 4.77 AC

Prime 4.77± acre residential development site in central Sarasota, just east of US-41/Bee Ridge Road. Zoned PUD and RSF3, offering flexibility for a cohesive neighborhood plan. Close to downtown, Siesta Key, shopping, dining, and medical facilities.

Description

The property at 4101–4103 S School Avenue in Sarasota, Florida, comprises approximately 4.77 acres of vacant land. It is located east of US-41/Bee Ridge Road in a central Sarasota neighborhood experiencing redevelopment and infill activity. The site includes two parcels, one zoned PUD and the other RSF3, allowing for residential development under existing zoning frameworks. The property is near downtown Sarasota, Tamiami Trail, and Siesta Key, with convenient access to retail, dining, and medical services.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0074-11-0063
  • 0074-11-0062
Land Assessment
$3,864,157 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,864,157 CAD
  • Listing ID: 39661529

  • Date on Market: 2023-02-14

  • Last Updated:

  • Address: 4101-4103 S School Ave, Sarasota, FL 34231

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