Remarks

Under contract-accepting backup offers. Love where you live, work and play! Welcome to "Soma City Homes" in Laurel Park, Sarasota, Florida. This exceptional development opportunity allows the developer the possibility of living in a beautifully appointed condominium or townhome having their own 1,000 square foot office/retail space on the ground floor, making your commute time ZERO! This location embodies the perfect blend of urban charm and developmental promise. A rare chance to own a prime piece of real estate zoned Downtown Edge, this property offers limitless potential for those looking to make a significant impact in one of Sarasota's most desirable neighborhoods. With the allowance for up to 25 units per acre, envisage crafting a community of up to 9 luxurious townhomes or 3 magnificent single-family homes, each rising to meet the clear blue Sarasota sky. This property not only promises a blank canvas for breathtaking residential development but also opens the door to commercial opportunities, catering to a vibrant and growing community. Delve into the essence of Sarasota living with unparalleled access to the city's most celebrated attractions. Just moments away, the Selby Botanical Gardens offer a sanctuary of natural beauty, while the soft sands of Lido Beach and the exclusive boutiques of St. Armand’s Circle provide endless leisure and retail therapy. Laurel Park is considered the cultural heart of the city with nearby access to the Sarasota Art Museum, join the lively scene at Marina Jacks, or immerse yourself in the green spaces of Laurel Park itself. While you plan and permit your vision, leverage the four existing structures on the property to generate income, making this not just a purchase but an investment in your future. Opportunities of this scale and versatility are rare in Sarasota, making this a highly coveted proposition for those ready to grow with the city and indulge in the lifestyle and privileges it offers. Don't miss your chance to be a part of Sarasota's growth and embrace all the beauty, culture, and vibrancy this remarkable city has to offer. DTE (Downtown Edge) zoning allows for up to 9 units with a ground floor office/retail use or 3 large, executive single family homes.

Details

MLS#: A4638114
Price: $2,750,000


County: Sarasota
Subdivision: POS SUB OF BLKS G & H
Lot Size: 152x100
Tax Fee: 18389.7