$6,000,000
  • Buildable Lot Features
  • 0.85 acre lot for sale

Prime Multifamily Development Opportunity in Sarasota's Historic District Exceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful Sarasota Bay waterfront. Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods. A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process. With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential. Highlights: Prime corner lot in Sarasota's Historic District Walking distance to Downtown Sarasota Zoned Multifamily – Up to 24 Units Excellent opportunity for townhomes or condominiums All utilities on site Strong growth area with high demand for new residential development Outstanding investment and redevelopment potential Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone

 

  • Property Features

    • MLS#
      A4701380
      County
      Sarasota
      Type
      Land
      Year built
      # Floors

      Tax Information

      Tax Amount
      $3,387

      Lot Information

      Lot Size (Acres)
      0.85
      Lot Features:
       
       
      Buildable

      Waterfront Info

      Waterfront:
       
      Waterfront Feet:
      0

      Pool / Spa

      Private Pool
      Pool Features:
       
       
      Spa
      Spa Features
       

      Building Features

      Living Area
      sq ft
      Architectural Style
      Construction Materials
      Exterior Features:
       
       
      Fireplace:
      yes
      Flooring:
      Furnished:
      Sewer Type
      Public Sewer

      Utilities

      Utilities:
       
       
      Electricity Available
       
      Natural Gas Available
       
      Sewer Available
       
      Water Available
      Sewer Type
      Public Sewer
      Water Source
      Public

      Condo Information

      Number Of Units
      Security

      Interior

       

      Parking / Garage

  • Community & Schools

    • Schools

      Elementary:
      Middle:
      High:

      Community Name

      Petroutsa Brothers Sub

      Community Features

       

      Pet Information

      Pets Allowed

  • Room Dimensions

Inquire about this home

Berkshire Hathaway HomeServices
Florida Realty
3192 Fruitville Rd, Sarasota, FL 34237

Explore: Petroutsa Brothers Sub

Listing Broker: COMPASS FLORIDA LLC
Last Changed: Wednesday 12th of August 2026 09:12:15 PM

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; vailability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2021 , Stellar MLS.