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    2250 Fruitville Rd, Unit | Sarasota Sarasota, FL 34237

    For Sale
    $9,950,000

    1.92-acre site near downtown Sarasota with development potential.

    Property size:
    83,747 SF

    Property Features for 2250 Fruitville Rd

    General Information

    Size
    83,747 SF

    Building Details

    Year built
    1958

    Source: Lee DeLieto Jr. Agent Lee DeLieto Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Site Near Downtown

    This 1.92-acre property is located at 2250 Fruitville Rd, Sarasota, FL 34237, fronting directly along Fruitville Rd, minutes from the Downtown Core. The site benefits from high visibility and access to urban amenities. The property is currently zoned Commercial General (CG), and the owner is in the process of rezoning to Downtown Edge (DTE) to allow for larger multi-family density. This property offers an ideal foundation for a multifamily development or a versatile mixed-use project and could accommodate townhomes, low-rise apartments, and a variety of other potential projects. The location offers easy access to a thriving business district, renowned cultural institutions such as the Sarasota Opera House and the Florida Studio Theater, and a diverse array of restaurants, shops, and entertainment venues. Other nearby attractions include the Marie Selby Botanical Gardens, the Van Wezel Performing Arts Hall, the Sarasota Art Museum, and the Legacy Trail. The Legacy Trail runs along the western side of this property. The site has 280 feet of Fruitville Rd frontage and 41,000 ADT (Fruitville Rd).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sarasota Lanes Bowling Alley ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5253783
    Latitude
    27.3368682

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    FAQs

    What type of property is this?
    Commercial land - 1.92-acre site near downtown Sarasota with development potential.
    Where is this commercial land located?
    The property is located at 2250 Fruitville Rd, Unit | Sarasota Sarasota, FL.
    What is the asking price?
    The asking price for this property is $9,950,000.
    What are key features of this property?
    This property features: - 1.92-acre site with **high-visibility frontage on Fruitville Rd**, minutes from Downtown Sarasota.; - Owner is rezoning to Downtown Edge (DTE) for higher multi-family density.; - Potential for multi-family or mixed-use development.
    (941) 323-0060
    Request Owner's contact information
    2250 Fruitville Rd, Unit | Sarasota Sarasota, FL 34237
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    Sarasota, FL 34237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2250 Fruitville Rd, Unit | Sarasota Sarasota, FL 34237
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