3401 Desoto Rd - Commercial LAND FOR SALE


Sarasota, FL 34243- North Sarasota360,241 SF
$4,750,000 USD
941-525-2525
3401 Desoto Rd, Sarasota, FL for Sale
$4,750,000 USD
Commercial LAND - FOR SALE
1/3
360,241 SF

3401 Desoto Rd
Sarasota, FL 34243
North Sarasota


HIGHLIGHTS

  • The property is located at the northeast corner of Desoto Road and Lockridge Road
  • Close Proximity to UTC Mall and Sarasota Memorial Hospital

OVERVIEW

• SENIOR LIVING DEVELOPMENT OPPORTUNITY 3401 Desoto Road, Sarasota, Florida LIST PRICE: $4,750,000 DEVELOPMENT CAPACITY: 150 Senior Living Beds PROPERTY SIZE: 8.27 Acres This property presents an exceptional senior living development opportunity in Sarasota, Florida’s rapidly growing market. The 8.27-acre property at 3401 Desoto Road is fully entitled for up to 150 senior living beds and represents one of the most compelling development opportunities in Southwest Florida’s senior housing sector. Key Investment Highlights: • Prime Location: Strategically positioned in Sarasota County, where 31.1% of the population is aged 65+, nearly double the Florida state average of 19% • Strong Market Fundamentals: Unmet demand of 1,533 senior living units projected by 2026 in the Primary Market Area • Fully Entitled: OPI/PD zoning with approved development plan

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/ACRE

$574,365/AC

PRICE/SF

$13 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

150-Bed Assisted Living Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units - Senior, Health Care

LAND ACRES

8.27 AC

LAND SF

360,241 SF

OFFSITE IMPROVEMENTS

Sewer, Streets, Curb/Gutter/Sidewalk

ZONING

OPI/PD

APN/PARCEL ID

0020-15-0003

ASK ABOUT THIS PROPERTY

Kevin T Riordan PAMerritt Realty CorporationMore Info
941-525-2525

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Kevin T Riordan PAMerritt Realty CorporationMore Info
941-525-2525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.