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Zoned MU Assisted Living Development Land
For Sale
Contact for pricing
Pending

2355 University Parkway, Sarasota, FL 34243

Commercially zoned MU land offers 6.9 acres approved for a 180-unit, 200-bed assisted living facility.

Property SizeContact for details
Lot Size8.90 Acres
Days on Market149

Property Features for 2355 University Parkway

General Information

Standard status Pending
Lot size 8.90 Acres
Property subtype Land
Zoning MU Commercial

Additional Details

Multifamily Units 180
Listing Agency: Realty Executives
Listed By: Bridget Spiess · License #FL 0674003
Source: Crexi
Added: Apr 11 Changed: Aug 24 Last Checked: Sep 4 at 6:53PM

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 Realty Executives

Investment Insights

Based on property information with market context.

This is 8.9 acres of commercial land zoned MU on University Parkway in Sarasota. A 6.9-acre portion has recently been approved by Manatee County for a 180-unit, 200-bed assisted living facility. The project has moved through the approval process and is currently ready to apply for final site plan approval.

The property is partially cleared and available for inspection. Supporting materials are available, including engineering, a master site plan, market study, title company information, zoning change documentation, an environmental site assessment, and a project summary.

Interested buyers can consider purchasing the entire property, which is being marketed as approved for assisted living use and ready for their review of the existing approvals and site planning work.

Key Highlights

  • 8.9‑acre commercial property zoned MU Commercial on University Parkway in Sarasota, FL
  • 6.9 acres recently approved for a 180‑unit, 200‑bed facility by Manatee County
  • Approval is through the process and the project is ready to apply for final site plan approval

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Auto Parts Store Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

180
Residential units

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby

Demographics for 34243, FL

30,107
Population
16,287
Households
1.8
Avg Household Size
54
Median Age
43%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$79,799
Median Household Income
$42,586
Median Earnings
$1,960
Median Rent
$395,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned MU land offers 6.9 acres approved for a 180-unit, 200-bed assisted living facility.
Where is this commercial land located?
The property is located at 2355 University Parkway Sarasota, FL.
What are key features of this property?
This property features: 8.9‑acre commercial property zoned MU Commercial on University Parkway in Sarasota, FL; 6.9 acres recently approved for a 180‑unit, 200‑bed facility by Manatee County; Approval is through the process and the project is ready to apply for final site plan approval
(941) 720-6304 Call to check price and availability
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