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Prime Development Opportunity Downtown Sarasota 1400 – 1416 Fruitville Rd, Sarasota, FL 34236
Property Description
Ian Black Real Estate is pleased to present the unique opportunity to purchase .33 acres at the southwest corner of Fruitville Rd and Central Avenue in downtown Sarasota. The property is located in the hear of the City of Sarasota and is zoned Downtown Core (DTC). The property allows mixed use development including Residential, Multi-Family, Office, Hotel and Retail. The property boasts excellent views to the west and north and is ideal for a boutique condominium project.
Highlights
• Residential Base Density: .33 acres @ 50 units per acre = 16 units • Residential Base Density (Affordable): .33 acres @200 units per acre = 66 units* Market Rate Units 56 units Affordable Units 10 units *Unit count is dependent on amount of affordable units included in the project
Full Address: 1400 – 1416 Fruitville Rd, Sarasota, FL 34236
Listing Type: FOR SALE
Status: Active
Region: S-SE
Property ID: 4044281
Number Units: 1
• Residential Base Density: .33 acres @ 50 units per acre = 16 units • Residential Base Density (Affordable): .33 acres @200 units per acre = 66 units* Market Rate Units 56 units Affordable Units 10 units *Unit count is dependent on amount of affordable units included in the project