8751 Fruitville Road, SARASOTA, FL

$3,500,000

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11.00

Acres

About 8751 Fruitville Road

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.

Features of 8751 Fruitville Road

MLS® # A4553122
Price $3,500,000
Bathrooms 0.00
Acres 11.00
Type Land
Sub-Type Land
Status Pending

Community Information

Address 8751 Fruitville Road
Area Sarasota
Subdivision PALMER FARMS 3RD
City SARASOTA
County Sarasota
State FL
Zip Code 34240

Amenities

Is Waterfront Yes
Waterfront Lake, Pond
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Cleared, Compact Soil, Filled, In County, Level, Out Parcel, Sidewalk, Street Lights, Paved, Zoned for Horses

School Information

Elementary Tatum Ridge Elementary
Middle McIntosh Middle
High Sarasota High

Additional Information

Date Listed December 1st, 2022
Days on Market 505
Zoning OUR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGary Turner
OfficeKELLER WILLIAMS ON THE WATER S

Listing Map

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