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1400 Desoto Road, Sarasota, FL

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1400 Desoto Road

Sarasota, FL 34234 - Sarasota Submarket

Property Type:Land Parcel Size:16.58 Acres
For Sale Price:$5,000,000 Price/Acre:$301,568 Price/SF:$6.92

Proposed Use:Commercial, MultiFamily, Apartment Units - Condo, Apartment Units - Senior, Single Family Development

On-Site Improv:Previously developed lot

Sale Notes:
Sarasota, FL - Last 16.57-acres within Sarasota City Limits - 280-Unit Apartment/Condo Development
Zoning permits 18-units per Acre.
Location: 1400 Desoto Rd
This property consists of 16.57-acres situated directly across from the Sarasota-Bradenton International Airport. This is the last property with over 16-acres that is located within the Sarasota City limits.
The owner has development plans in place for a 280-unit Apartment Complex or Condominium.
Student Housing should also be considered as there are 17 education systems within close proximity to this property that have students available to lease these units.
Continuing Care Retirement Community - Zoning also permit Health Care/Group Housing.

CRES Corp International, LLC
Benny Spensieri
(813) 391-1545

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