Conceptual plans for a 5-unit luxury apartment community
Potential for single-family, boutique multifamily, attainable housing, or workforce housing development
Opportunity to explore density bonus programs allowing approximately 35–50 dwelling units per acre, subject to City approvals
Minutes from Downtown Sarasota, Sarasota Memorial Hospital, Payne Park, and the Bayfront
Located within an area experiencing continued residential redevelopment and investment
Development & Entitlement Support
Exceptional opportunity to acquire a 16,800± SF development site in one of Sarasota's fastest-growing neighborhoods, just minutes from Downtown Sarasota. Zoned RSF-4, the property offers developers multiple paths for redevelopment, whether pursuing a boutique multifamily community, attainable housing, workforce housing, or other residential concepts, subject to applicable approvals.
Conceptual plans have been prepared illustrating a 5-unit luxury apartment community, showcasing one potential vision for the site. In addition, buyers may wish to explore Sarasota's attainable and workforce housing density bonus programs, which may allow for approximately 35–50 dwelling units per acre, subject to City approval and program requirements. Buyers should complete their own due diligence to verify zoning, density, and development potential.