Property Details
Property Details
- Year Built: 1978
- Property SubType: Land
- Square Feet: 7,954
- Sale Pdf Url: https://buildout.com/docs/documents/4133373?mtime=1774877369&token=eaf438de6196f01ffffec1177e1c0990e4e7eac1
Building
- Stories: 1
- Zoning: OPI
Location
- Town: Sarasota
- County: Sarasota
- State: FL
- Zip: 34232
Community
Property Description
- Description: This offering represents a compelling land play along Sarasota’s highly traveled Fruitville Road corridor, with multiple clear paths to value creation. While the property is currently zoned OPI (Office, Professional & Institutional), the site’s strategic frontage on a major arterial and its proximity to significant east Sarasota growth make higher‑density residential development arguably the highest and best long‑term use, subject to a successful rezoning and entitlement process. For groups seeking a more near‑term execution, the existing OPI zoning supports a range of office, medical, and professional uses, allowing for an office‑focused redevelopment or repositioning strategy that leverages strong traffic counts and corridor visibility. In addition, a buyer could simply continue to utilize the existing structure, which has operated as a successful event, party, and membership venue, preserving current functionality while planning future redevelopment. Investors and developers can pursue either a rezoning for residential or mixed‑use density to capture ongoing eastward expansion, capitalize on the in‑place OPI zoning for a modern office or professional project, or maintain and enhance the current improvements as an income‑producing asset.
Other Details
Location Description
- Location Description: Located directly on Fruitville Road, one of Sarasota’s primary east–west arterials, this site offers exceptional visibility and ease of access for future development. Its position near I‑75 places it at a key gateway between established central Sarasota neighborhoods and the rapidly expanding residential and commercial communities to the east. Daily traffic along Fruitville delivers strong drive‑by exposure and convenient connectivity to major employment centers, retail, and dining. As growth continues to push eastward, this corridor is experiencing increasing rooftops, improved infrastructure, and a deepening customer and workforce base. The property’s location allows a future project to capitalize on both long‑standing Sarasota demand and the momentum of new development in East Sarasota.
Finance
Highlights
- Sale Bullets: - 2.89± acre site (125, 900 SF) with 7, 954 SF existing building in place., - Prime Fruitville Road frontage on a major Sarasota east–west arterial with strong visibility and access., - Strategic location near I‑75 at the gateway between established cent