Single-Family Development
For Sale
$349,000
Lot 8 & 9 NUTMEG Ave, Sarasota, FL 34231
Oversized double lot in Ridgewood Heights, currently zoned for single-family development.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market92
Property Features for Lot 8 & 9 NUTMEG Ave
General Information
Standard status
Active
Lot size
0.32 Acres
Property subtype
Land
Zoning
RSF-3
Taxes and HOA fees
Annual Taxes
$1,712
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Veronica Lee · License #3572135
(609) 651-0305
Source:
Elliman
Added: Jun 3
Changed: Aug 31
Last Checked: Sep 1 at 9:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This offering includes Lot 8 and Lot 9 on Nutmeg Ave, presented as a rare double lot for new construction in Ridgewood Heights. The property is an approximately 100-by-138-foot site spanning over a third of an acre, with the added benefit of being located on a quiet dead-end street. The remarks also note nearby access to the Red Bug Slough Preserve.
The lot is currently zoned for a single-family home (RSF-3). The seller’s information indicates the lot can be converted back into two parcels, which may allow for construction of one home on each lot, subject to buyer confirmation with Sarasota County regarding utilities and subdivision requirements.
There is no stated HOA or CDD in the provided information. Prospective buyers should verify all development and permitting requirements directly with Sarasota County prior to planning construction or any potential subdivision.
The lot is currently zoned for a single-family home (RSF-3). The seller’s information indicates the lot can be converted back into two parcels, which may allow for construction of one home on each lot, subject to buyer confirmation with Sarasota County regarding utilities and subdivision requirements.
There is no stated HOA or CDD in the provided information. Prospective buyers should verify all development and permitting requirements directly with Sarasota County prior to planning construction or any potential subdivision.
Key Highlights
- Oversized 100' x 138' double lot (over a third of an acre) in Ridgewood Heights.
- Quiet dead‑end street with steps‑away access to the 72‑acre Red Bug Slough Preserve.
- Currently zoned for single‑family development (RSF‑3).
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 34231, FL
31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized double lot in Ridgewood Heights, currently zoned for single-family development.
Where is this residential land & home lot located?
The property is located at Lot 8 & 9 NUTMEG Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Oversized 100' x 138' double lot (over a third of an acre) in Ridgewood Heights.; Quiet dead‑end street with steps‑away access to the 72‑acre Red Bug Slough Preserve.; Currently zoned for single‑family development (RSF‑3).
