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Double Lot Near Red Bug
For Sale
$349,000

8 Nutmeg Avenue, Sarasota, FL 34231

Oversized lot near Red Bug Slough Preserve, no HOA.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market115

Property Features for 8 Nutmeg Avenue

General Information

Standard status Active
Lot size 0.32 Acres
Property subtype Land
Zoning RFS3

Taxes and HOA fees

Annual Taxes $1,713

Amenities

No
Square Feet
Boundary Fencing
Mature Landscaping, Oak Trees, Trees
Listing Agency: COLDWELL BANKER REALTY
Listed By: Veronica Lee · License #3572135
Source: Compass
Added: May 11 Changed: Aug 8 Last Checked: Jul 16 at 6:40AM

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 rare double lot offers an expansive private sanctuary in Ridge Wood Heights. The oversized 100' x 138' lot spans over a third of an acre. Situated on a quiet dead-end street, the property is steps away from the 72-acre Red Bug Slough Preserve, providing unmatched privacy and preserve views. There is no HOA and no deed restrictions. The location is close to 3 miles of tree-lined walking trails, and minutes from Sarasota's amenities. It is 10 minutes from Siesta Key beaches and 15 minutes from Downtown Sarasota & The Bay Front Park, Selby Gardens, Sarasota Memorial Hospital & close to The Landings Shopping. The property is located within the A-rated schools district. This lot can remain a single estate or be subdivided into two buildable lots.

Key Highlights

  • Rare double lot (100' x 138') spanning over a third of an acre, offering the opportunity to build a dream home or subdivide.
  • Prime Sarasota location: just 10 minutes to Siesta Key beaches and 15 minutes to Downtown Sarasota, plus close proximity to Sarasota Memorial Hospital and The Landings Shopping.
  • Unmatched privacy and beautiful preserve views on a quiet dead‑end street, steps away from the 72‑acre Red Bug Slough Preserve and 3 miles of walking trails.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Pharmacy Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized lot near Red Bug Slough Preserve, no HOA.
Where is this residential land & home lot located?
The property is located at 8 Nutmeg Avenue 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: Rare double lot (100' x 138') spanning over a third of an acre, offering the opportunity to build a dream home or subdivide.; Prime Sarasota location: just 10 minutes to Siesta Key beaches and 15 minutes to Downtown Sarasota, plus close proximity to Sarasota Memorial Hospital and The Landings Shopping.; Unmatched privacy and beautiful preserve views on a quiet dead‑end street, steps away from the 72‑acre Red Bug Slough Preserve and 3 miles of walking trails.
More about this property
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