Waterfront - Seller Financing - Lease to Own
Address
8751 Fruitville ROAD, SARASOTA, FL
Price
$ 3,500,000
Property Attributes
- MLS#A4553122
- TypePending
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodPalmer Farms 3Rd
- Zip34240
- Style
- Taxes$ 16087
- Price$ 3,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size11 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. 11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The “OUR” zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a “Special Exception.” The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.
| Elementary School | Middle School | High School |
|---|---|---|
| Tatum Ridge Elementary | McIntosh Middle | Sarasota High |
| Price History | |
|---|---|
| 12/1/2022 | Listed $3,500,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | BB/HS Internet Available,Cable Available,Cable Connected,Electricity Available,Fiber Optics,Fire Hydrant,Phone Available,Sewer Connected,Sprinkler Well,Street Lights,Underground Utilities,Water Conne |
| Zoning | OUR |
| Tax Year | 2021 |
| Current Use | Business |
| Percent Ownership | Fee Simple |
| Waterfront Features | Lake,Pond |
| Community Features | Activity Core/Center |
| County | Sarasota |
| Property Type | Land |
| HOA / Comm Assn | No |
| Subdivision Name | PALMER FARMS 3RD |
| Facing Direction | South |
| Status | Pending |
| Directions | Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club. |
| High School | Sarasota High |
| City | SARASOTA |
| Buyer Agent Compensation | 2.5% |
| MLS Area | 34240 - Sarasota |
| Lot Size Square Feet | 324480 |
| Waterfront Y/N | Yes |
| Street Name | Fruitville |
| Listing Terms | Lease Option,Lease Purchase,Private Financing Available |
| Elementary School | Tatum Ridge Elementary |
| Tax Annual Amount | 16087 |
| Middle/Junior High School | McIntosh Middle |
| Public Remarks | Under contract-accepting backup offers. 11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing co |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4553122 |
| Days on Market | 285 |
| Standard Status | Pending |
| Tax Lot | 1 |
| Legal Description | COM AT NW COR OF SEC 22-36-19,TH N 89-10-30 E 1062.65 FT FOR POB TH CONT N 89-10-30 E 763.94 FT TH S 00-31-15 W 1257.61 FT TO N R/W OF FRUITVILLE RD TH S 89-00-41 W 161.62 FT TH S 89-14-37 W 520 |
| Water View | Lake,Pond |
| Water Access Type | Lake,Pond |
| Water Access Y/N | Yes |
| Water View Y/N | Yes |
Interior Features
| Street Suffix | ROAD |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Cleared,Compact Soil,Filled,In County,Level,Out Parcel,Sidewalk,Street Lights,Zoned for Horses |
|---|---|
| Water Source | Canal/Lake For Irrigation,Public,Well |
| Lot Size Area | 7.449 |
| Lot Dimensions | 520 x 624 |
| Lot Size Acres | 11 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Acres |
| Road Frontage Type | Street Lights,Street Paved,County Road,Turn Lanes,Deeded Easement |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 34240
Price
Taxes
Visits
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 17, 2024 12:49 AM UTC The listing information on this page last changed on Last updated on May 17, 2024 12:49 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 17, 2024 12:49 AM UTC
