Situated in the heart of Sarasota, this exceptional 12,177 square foot corner lot presents a rare and highly valuable opportunity for investors, developers, and builders. With zoning that allows the property to be divided into two separate, buildable lots, this double parcel is ideally positioned for new residential construction. The… Read More potential to develop brand-new homes in one of Sarasota’s most desirable and fast-growing areas makes this a prime investment with significant upside. While the existing 520-square-foot structure currently occupies the property, the true value lies in the land and its future development potential. The expansive size and strategic location provide flexibility in design and layout, creating the perfect foundation for high-quality new builds that will appeal to today’s buyers seeking modern homes in a well-connected neighborhood. Located directly across from Red Bug Slough Preserve, the property offers a unique blend of urban convenience and natural beauty. Future homeowners will enjoy immediate access to walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions. The surrounding area is rich with amenities, including parks, schools, shopping centers, and dining options, while world-famous Siesta Key Beach is just a 10-minute drive away. As Sarasota continues to grow in popularity for its lifestyle, culture, and coastal charm, demand for well-located residential properties remains strong. This property represents a rare chance to build and capitalize on that demand. Whether you're a seasoned investor or a developer seeking your next project, this is a can’t-miss opportunity to create something exceptional in one of Florida’s most vibrant markets. Read Less
Courtesy of KELLER WILLIAMS ON THE WATER S 941-803-7522
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
520
Lot Size
0.28 Acres
Year Built
1956
MLS Number
N6138685
30 Days Snapshot Of 34231
$605k
+11%
(avg) sold price
61
+19%
homes sold
74
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 48.31, Room Count: 5, Building Area Total: 520, Building Area Units: Square Feet, Construction Materials: "Metal Siding", Direction Faces: East, Levels: "One", Living Area: 520, Year Built: 1956
Lot
Lot Size Square Meters: 1131, Total Acreage: 1/4 to less than 1/2, 0.28 acres, 12177 square feet, Number Of Lots: 2
Property Access
Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "Other"
Cooling
Cooling: "Wall/Window Unit(s)"
Exterior Features
Exterior Features: "Storage"
Floors
Flooring: "Laminate"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Ductless"
Interior Features
Interior Features: "Ceiling Fans(s)"
Laundry
Laundry Features: "Other"
Property
Zoning: RSF3
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Public", Water Source: "Public"
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