Description
Introducing an investment opportunity in arlington park, sarasota: a fully-approved subdivision project encompassing a 1.25-acre lot, soon to transform into four high-quality, oversized homesites.
this property, situated in a prime sarasota neighborhood, is currently in the infrastructure development phase, including utilities and a private road. the project is expected to reach completion by the end of july 2023, following which, individual addresses will be assigned to each lot.
the dev team is pleased to announce that they've brought on board a team of respected custom and spec builders, ready and motivated to drive this project forward. these builders, known for their skills and quality workmanship, are looking forward to contributing through either a builder fee arrangement or a joint venture agreement. this partnership provides additional security and predictability for the investment, fostering a quicker path to potential returns.
the homesites are located within arlington park, a highly desirable neighborhood in sarasota, ideally positioned under hyde park street and west of s shade. the vigorous market for new construction homes in this area underscores the opportunity for a successful investment.
the homesites, with dimensions ranging from 8553 sqft to 9770 sqft, are part of a private subdivision with potential for gated access. the homesites also benefit from being situated in a top-tier school district and outside flood zones. furthermore, as per hoa guidelines, each home is expected to feature a minimum of 2,800 sqft of living space and a two-car garage.
this investment proposition, blending location, size, and a high potential for returns, is backed by detailed financials and a well-prepared proforma. these documents are readily available for review with pof.
the team is readily available to discuss this lucrative opportunity in further detail. interested parties are encouraged to contact us to acquire these materials or to address any queries about the process. don’t miss out on this unique chance. reach out today and take the first step toward securing a stake in this promising development in the heart of sarasota. secure your future with an investment that blends excellent potential returns with a team of experienced builders already on board.
Property Type
LandSubdivision
Palmers SubCounty
SarasotaStyle
LandAD ID
44430747
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Property Details
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Interior Features
Heating & Cooling
- WaterSource: Public
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Property / Lot Details
Lot Information
- Lot Dimensions: 160x339
- Lot Description: Buildable, Cleared, Compact Soil, Cul-De-Sac, Curb and Gutters, Fire Hydrant, City Limits, Level, Oversized Lot, Private, Room For Pool, Sidewalk, Paved, Private
- Lot Square Feet: 54640
- Lot Acres: 1.25
Property Information
- Property Type: Land
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Listing Information
Listing Price Information
- Original List Price: $2200000
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Taxes / Assessments
Tax Information
- Annual Tax: $5625
- Tax Year: 2022
- Parcel Number: 0056030040
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Virtual Tour
Homeowners Association Information
- Included Fees: Common Area Taxes, Private Road
- Included Amenities: Gated
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School, Utilities &Location Details
School Information
- Elementary School: Southside Elementary
- Junior High School: Brookside Middle
- Senior High School: Sarasota High
Utility Information
- BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Other, Phone Available, Sewer Available, Water Available
Location Information
- Subdivision: PALMERS SUB
- City: SARASOTA
- Direction: Heading north on 41, pass Webber St, turn right on Datura. Property will be located on the right.
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BuyOwner last updated this listing Thu Apr 25 2024
- MLS: MFRA4576213
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Land, with 0 bedrooms which is recently sold, it has 54,640 sqft, 1 sized lot, and 0 parking. and are nearby neighborhoods.