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  • MLS#: A4646446 ( Land )
  • Street Address: 905 Royal Palm Drive
  • Viewed: 112
  • Price: $385,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 79
  • Additional Information
  • Geolocation: 27.3761 / -82.5525
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34234
  • Subdivision: Wildwood Pines
  • Provided by: COLDWELL BANKER REALTY
  • Contact: Jerry Holston, Jr
  • 941-366-8070
  • mfrmls
  • DMCA Notice
  • Description
    Prime Multi Family Development Opportunity in Sarasota! Seize this rare chance to develop a high demand, income producing property in one of Sarasotas fastest growing corridors. Located in the up and coming North Sarasota corridor, this 115 foot frontage Lot is zoned RMF2 build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. perfect for investors looking to capitalize on Sarasotas booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity. With Sarasotas increasing need for multi family housing, this is a prime investment opportunity to develop, lease, and generate long term returns. Contact us today to explore development possibilities and secure this exceptional property.
Property Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Country
  1. US
Covered Spaces
  1. 0.00
Current Use
  1. Unimproved
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. LOT 7 & PART OF LOT 6 DESC AS BEG NE COR LOT 6 TH N-62-39-35-W 146.05 FT TH W 15 FT TH S 49.68 FT TH S-56-57-9-E 83.11 FT TH N- 82-46-18-E 58.91 FT TH NELY ALG CURVE TO RIGHT 27.83 FT TO POB
  2. TOGETHER
Living Area
  1. 0.00
Area Major
  1. 34234 - Sarasota
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 2001150077
Property Type
  1. Land
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 36
Utilities
  1. Other
Views
  1. 112
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/A4646446
Water Source
  1. Public
Zoning Code
  1. RMF2