2400 Lorraine Rd - Sports and Entertainment FOR SALE


Sarasota, FL 34240- North Sarasota
$4,500,000 USD
770-294-5066
2400 Lorraine Rd, Sarasota, FL for Sale
$4,500,000 USD
Sports and Entertainment - FOR SALE
1/14
null | Request Cap Rate

2400 Lorraine Rd
Sarasota, FL 34240
North Sarasota


HIGHLIGHTS

  • 10± acre estate in Sarasota’s South Lakewood Ranch corridor.
  • Extensively renovated in 2022, offering modernized living spaces
  • Multi-structure setup featuring main residence, guest home, and barn.
  • 12-stall equestrian barn and over six cleared acres for immediate use.
  • Open Use Rural zoning with no HOA and minimal restrictions.
  • Easy access to Lakewood Ranch, I-75, and Sarasota’s beaches and amenities.

OVERVIEW

This rare 10± acre estate offers a unique blend of privacy, versatility, and prime Sarasota County location in the sought-after South Lakewood Ranch area. Completely reimagined through a full-scale renovation in 2022, the property features multiple structures designed for adaptable living, income production, and operational flexibility. The main residence offers approximately 3,400 sq. ft. of updated living space, complemented by a secondary 700 sq. ft., 1-bedroom guest home, ideal for multi-generational living or rental purposes. Additional amenities include a 1,600 sq. ft. 10-stall barn, making this property immediately suited for equestrian pursuits or agricultural operations. Over six cleared acres provide ample room to extend its existing utility, creating opportunities for a private compound, event venue, or integrated live/work environment. Zoned Open Use Rural (OUR), this estate boasts minimal restrictions and no HOA, delivering unmatched flexibility. Its location combines tranquil surroundings with easy access to Lakewood Ranch amenities, top-tier schools, Interstate 75, and the cultural attractions and Gulf Coast beaches of Sarasota. This property represents a rare acquisition for those seeking both lifestyle and value in one of Florida’s most dynamic growth corridors.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,078 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.93 AC

LAND SF

432,551 SF

ZONING

OUR

APN/PARCEL ID

0206-12-0002

ASK ABOUT THIS PROPERTY

770-294-5066

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770-294-5066

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