Views - New Construction
Address
2338 Datura STREET, SARASOTA, FL
Price
$ 2,200,000
Property Attributes
- MLS#A4576213
- TypePending
- CountySARASOTA
- CitySARASOTA
- AreaSarasota-Pinecraft
- NeighborhoodPalmers Sub
- Zip34239
- Style
- Taxes$ 5625
- Price$ 2,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.25 Acres
Data Source:
Stellar MLS
Property Description
Under contract-accepting backup offers. Introducing an investment opportunity in Arlington Park, Sarasota: a fully-approved subdivision project encompassing a 1.25-acre lot, soon to transform into four high-quality, oversized homesites. This property, situated in a prime Sarasota neighborhood, is currently in the infrastructure development phase, including utilities and a private road. The project is expected to reach completion by the end of September 2023, following which, individual addresses will be assigned to each lot. The dev team is pleased to announce that they've brought on board a team of respected custom and spec builders, ready and motivated to drive this project forward. These builders, known for their skills and quality workmanship, are looking forward to contributing through either a builder fee arrangement or a joint venture agreement. This partnership provides additional security and predictability for the investment, fostering a quicker path to potential returns. The homesites are located within Arlington Park, a highly desirable neighborhood in Sarasota, ideally positioned under Hyde Park Street and west of S Shade. The vigorous market for new construction homes in this area underscores the opportunity for a successful investment. The homesites, with dimensions ranging from 8553 sqft to 9770 sqft, are part of a private subdivision with potential for gated access. The homesites also benefit from being situated in a top-tier school district and outside flood zones. Furthermore, as per HOA guidelines, each home is expected to feature a minimum of 2,800 sqft of living space and a two-car garage. This investment proposition, blending location, size, and a high potential for returns, is backed by detailed financials and a well-prepared proforma. These documents are readily available for review with POF. The team is readily available to discuss this lucrative opportunity in further detail. Interested parties are encouraged to contact us to acquire these materials or to address any queries about the process. Don’t miss out on this unique chance. Reach out today and take the first step toward securing a stake in this promising development in the heart of Sarasota. Secure your future with an investment that blends excellent potential returns with a team of experienced builders already on board.
| Elementary School | Middle School | High School |
|---|---|---|
| Southside Elementary | Brookside Middle | Sarasota High |
| Price History | |
|---|---|
| 7/11/2023 | Listed $2,200,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | BB/HS Internet Available,Cable Available,Electricity Available,Fire Hydrant,Other,Phone Available,Sewer Available,Water Available |
| Zoning | RSF3 |
| Association Fee Includes | Common Area Taxes,Private Road |
| Security Features | Gated Community |
| Pets Allowed | Yes |
| View | Garden,Pool,Trees/Woods |
| Tax Year | 2022 |
| Current Use | Residential |
| Percent Ownership | Fee Simple |
| Community Features | Curbs,Gated Community - No Guard,Sidewalks |
| County | Sarasota |
| Property Type | Land |
| Association Amenities | Gated |
| HOA / Comm Assn | No |
| Subdivision Name | PALMERS SUB |
| Facing Direction | North |
| Status | Pending |
| Directions | Heading north on 41,pass Webber St,turn right on Datura. Property will be located on the right. |
| High School | Sarasota High |
| City | SARASOTA |
| Buyer Agent Compensation | 3% |
| MLS Area | 34239 - Sarasota/Pinecraft |
| Lot Size Square Feet | 54640 |
| Waterfront Y/N | No |
| Street Name | Datura |
| Listing Terms | Cash,Conventional,Other |
| Elementary School | Southside Elementary |
| Tax Annual Amount | 5625 |
| Middle/Junior High School | Brookside Middle |
| Public Remarks | Under contract-accepting backup offers. Introducing an investment opportunity in Arlington Park,Sarasota: a fully-approved subdivision project encompassing a 1.25-acre lot,soon to transform into four |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4576213 |
| Days on Market | 165 |
| Standard Status | Pending |
| Tax Lot | 26 |
| Legal Description | COM AT NE COR OF LOT 26,HOMELANDS DEVELOPMENT CORP SUB TH ALONG SLY R/W OF DATURA ST N 89-52-10 E 20.01 FT FOR POB TH N 89-52-10 E 84.25 FT TH N 75-11-27 E 54.41 FT TO NW COR OF |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Street Suffix | STREET |
|---|---|
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Buildable,Cleared,Compact Soil,Cul-De-Sac,Curb and Gutters,Fire Hydrant,City Lot,Level,Oversized Lot,Private,Room For Pool,Sidewalk |
|---|---|
| Water Source | Public |
| Lot Size Area | 1.2544 |
| Lot Dimensions | 160 x 339 |
| Lot Size Acres | 1.25 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Acres |
| Road Frontage Type | Street Paved,Private Road |
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 34239
Price
Taxes
Visits
Walkscore
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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 16, 2024 8:16 PM UTC
