4101 S School AVE SARASOTA FL 34231 MLS #224019588

4101 S School AVE
SARASOTA, FL, 34231
$12,600,000
Beds
0 Baths
0 SqFt
4.77 Acres
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Listing Provided Courtesy of John R Wood Properties
Located at 4101 and 4103 S School Avenue and adjacent to Sarasota’s redeveloped Bath & Racquet Club, this exceptional 4.77 +/- acres of vacant land offers an enticing prospect for crafting up to 21 single-family homes. This 2 parcel property features approved RSF-3PUD zoning, facilitating a 4.5 unit per acre development envelope. The 21-unit concept plan includes a private road with gate access at the end of School Avenue, permitted building heights up to 55′ if desired, and plenty of green space and parkland. Alternate concepts & configurations are available. Boasting seamless access to shopping, restaurants, A-rated schools, parks, beaches, downtown Sarasota, St. Armand’s, Longboat Key, and I-75, this prime location presents an ideal fusion of convenience and potential. It’s an opportune moment to curate a sophisticated community that embodies the essence of luxurious Sarasota living. Seller financing and partnership opportunities are available for a qualified buyer.

Property Details

Price:
$12,600,000
MLS #:
224019588
Status:
Active
Beds:
0
Baths:
0
Address:
4101 S School AVE
Type:
Land
Subtype:
Single Family Residence
Subdivision:
SARASOTA RANCH ESTATES
City:
SARASOTA
Listed Date:
Mar 1, 2024
State:
FL
ZIP:
34231
Lot Size:
207,781 sqft / 4.77 acres (approx)
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Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$9,101

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