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905 Royal Palm Dr - MF Development Site | Near SRQ Airport 0.66 Acres of Residential Land Offered at $345,300 CAD in Sarasota, FL 34234
Investment Highlights
- Situated in a revitalizing commercial corridor with strong local housing demand
- Located on a cul-de-sac off Royal Palm Drive, just east of North Tamiami Trail (US-41)
- Minutes to SRQ Airport, Downtown Sarasota, Ringling College of Art + Design, major employment, retail, and public transit
Executive Summary
Ideal opportunity for multifamily development or other permitted residential uses. Buyer to verify zoning, permitted uses, density, utilities, access, and all development potential.
Motivated ownership- all reasonable offers will be considered.
Property Facts
| Price | $345,300 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.66 AC |
| Property Type | Land | ||
| Zoning | RMF-2 - Residential Multi-Family District | ||
| Price | $345,300 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.66 AC |
| Zoning | RMF-2 - Residential Multi-Family District |
1 Lot Available
Lot
| Price | $345,300 CAD | Lot Size | 0.66 AC |
| Price Per AC | $524,067.95 CAD |
| Price | $345,300 CAD |
| Price Per AC | $524,067.95 CAD |
| Lot Size | 0.66 AC |
The vacant land measures approximately 0.67 acres and is zoned RMF-2 for multifamily use. The site is positioned on a cul-de-sac east of North Tamiami Trail (US-41) and offers about 115 feet of frontage.
Description
Rare vacant land opportunity situated on a cul-de-sac off Royal Palm Drive, just east of North Tamiami Trail (US-41). This ±0.67-acre (28,701 SF) RMF-2 zoned parcel offers approximately 115 feet of frontage and is well-positioned for multifamily development within a revitalizing commercial corridor. Strategically located minutes from Sarasota-Bradenton International Airport (SRQ), Ringling College of Art + Design, Bay Park, and Downtown Sarasota, with convenient access to major employment centers, retail, dining, and public transit. Strong area fundamentals and ongoing corridor revitalization support long-term residential demand. Buyer to independently verify zoning, density, utilities, and development potential.
Property Taxes
| Parcel Number | 2001-15-0077 | Improvements Assessment | $0 CAD |
| Land Assessment | $237,104 CAD | Total Assessment | $237,104 CAD |
Property Taxes
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905 Royal Palm Dr - MF Development Site | Near SRQ Airport
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