711 S. Palm Avenue, Sarasota, FL 34236

Vacant Land For Sale $1,950,000 Catylist ID: 7604425

Property details

VACANT LAND FOR MULTI FAMILY RESIDENTIAL DEVELOPMENT IN THE VICINITY OF DOWNTOWN SARASOTA. SITE IS WITHIN WALKING DISTANCE OF BURNS COURT WITH ITS ARRAY OF FINE DINING, RETAIL SHOPS, AND THE BURNS COURT CINEMA. SARASOTA BAYFRONT AND BAYFRONT PARK AND MARINA ALSO A SHORT DISTANCE AWAY. DONWTOWN EDGE "DTE" ZONING ALLOWS FOR 25 UNITS PER ACRE (SITE WILL ACCOMODATE 15 UNITS) WITH A MAXIMUM HEIGHT OF FIVE STORIES OF VERTICAL DEVELOPMENT. FLOOR TO CEILING CLEARANCE CAN NOT EXCEED 14 FEET. DISTANCE BETWEEN FLOORS IS NOT REGULATED. S. PALM AVENUE NEIGHBORHOOD CONSISTS OF A BALANCE OF HIGH RISE BUILDINGS, SF RESIDENCES, AND TOWNHOMES. OFFERING A RESIDENCE FOR EVERY LIFE STYLE. SITE WILL ALSO ALLOW FOR HOTEL, INTOWN "ESTATE " WITH GUEST HOUSE AND POOL OR A BED AND BREAKFAST. ONE OF A VERY FEW REMAINING SITES FOR CLASSIC NEIGHBORHOOD RESIDENTIAL DEVELOPMENT WITHIN THE CITY OF SARASOTA. SURVEY AND AERIAL ARE INCLUDED WITH LISTING BROCHURE. FOR ADDITIONAL INFO RE ZONING AND USAGE, SEE LINK BELOW TO SRQ LAND PLANNER, THE FIRM SELECTED BY THE SELLER TO DEVELOPMENT a "CONCEPT PLAN" FOR THE SITE.

Additional information

Contiguous Space: 27,079 SF
Total Available Space: 0 SF
Nearest MSA: North Port-Bradenton-Sarasota
County: Sarasota
Property Type: Multi-Family
Last Updated: 4/21/2014

Note: The information presented herein is provided as is, without warranty of any kind. Neither MICHAEL SAUNDERS & COMPANY nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.