121 Christie Avenue Sarasota, FL 34232

$1,600,000
4
Beds
4
Baths
2.81
Acres
3,100
SQFT
516
$/SQFT
$1,600,000
4
Beds
4
Baths
3,100   sf
$516 / sf
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Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process.Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies.With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.

Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process.Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies.With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Sarasota
  • Area
    34232 - Sarasota/Fruitville
  • Tax Amount
    $5,379
  • Status
    Active
  • Listing #
    A4635469
  • Built
    1963
  • Lot Size
    2.81
  • Listed on site
    197 days

Listed by:
Coldwell Banker Realty

Source:
StellarMLS

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School Info

Property details

Community Features

  • No HOA
  • Rental Restrictions - 1 Month

Property Features

  • Underground Utilities
  • Sewer
  • Pets Allowed
  • Has Virtual Tour

View

  • Wooded View

Exterior features

  • No Pool
  • Parking

Interior Features

  • Central Air Conditioning
  • Tile - Floors

Style

  • A-Frame

Financing

  • Cash
  • Conventional Financing
  • None

Property History

DateDays AgoEventNew Price
May 2, 20253 mos agoPrice decreased100,000 (6%)$1,600,000
Feb 27, 20255 mos agoPrice decreased250,000 (13%)$1,700,000
Jan 12, 20257 mos agoNew on market$1,950,000
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