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2044 Fruitville Road & 223 Wallace ave - Fruitville Rd Redevelopment Opportunity Lot • Terrain commercial • 0,21 Acres • 1 230 589 $ CAD • Sarasota, FL 34237
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Faits saillants de l'investissement
- Prime Corner Redevelopment Opportunity
- Residential density up to 50 units per acre with attainable housing bonus potential up to 200 units per acre
- DTC (Downtown Core) zoning allowing high-intensity mixed-use development
- Minutes to Downtown Sarasota, Bayfront, hospitals, dining, retail, and cultural amenities
- Existing improvements provide potential holding income pending future redevelopment
- Exceptional visibility with 35,000+ vehicles per day along Fruitville Road
Résumé de l'annonce
Exceptional redevelopment opportunity positioned at the corner of Fruitville Road and Wallace Avenue, just east of the US-301 corridor and minutes to Downtown Sarasota. The property consists of approximately 0.21 acres (9,137± SF) and offers a high-visibility corner location along one of Sarasota’s primary east-west corridors with traffic counts exceeding 35,000 vehicles per day. The site is currently improved with four (4) rental units that may provide potential interim holding income while a developer advances future redevelopment plans and entitlements.
The property is zoned DTC (Downtown Core), Sarasota’s premier high-intensity mixed-use zoning district, allowing for a broad range of redevelopment opportunities including multifamily, mixed-use, office, and retail uses. The site allows for residential density up to 50 units per acre, with bonus density potential of up to 200 units per acre through the downtown attainable housing density bonus.
The property is zoned DTC (Downtown Core), Sarasota’s premier high-intensity mixed-use zoning district, allowing for a broad range of redevelopment opportunities including multifamily, mixed-use, office, and retail uses. The site allows for residential density up to 50 units per acre, with bonus density potential of up to 200 units per acre through the downtown attainable housing density bonus.
Faits sur la propriété
1 Lot disponible
Lot 2
| Prix | 1 230 589 $ CAD | Taille du lot | 0,21 AC |
| Prix par AC | 5 859 948,34 $ CAD |
| Prix | 1 230 589 $ CAD |
| Prix par AC | 5 859 948,34 $ CAD |
| Taille du lot | 0,21 AC |
The property consists of approximately 0.21 acres (9,137± SF) and offers a high-visibility corner location along one of Sarasota’s primary east-west corridors with traffic counts exceeding 35,000 vehicles per day.
Moyennement practicable à pied
70/100
Très facile d'accès en voiture
80/100
Transports en commun relativement accessibles
40/100
Plutôt praticable en vélo
50/100
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2044 Fruitville Road & 223 Wallace ave - Fruitville Rd Redevelopment Opportunity
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