Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Southpointe Dr Sarasota, FL 34231

    For Sale
    $625,000

    Prime Sarasota land, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12,767 square foot lot, located at 0 Southpointe Dr, Sarasota, FL 34231, presents a unique residential development opportunity. Zoned RSF1, this property offers significant potential for building in a desirable Sarasota location. The lot measures approximately 100' x 127' and boasts a 10-foot elevation, situated in an AE flood zone. The property is part of a non-deed restricted neighborhood and enjoys convenient access to a private boat launch, with proximity to a formal marina offering indoor boat storage. Deep water access in the nearby inlet is suitable for larger vessels. The annual lot dues are $250. This prime parcel is strategically positioned to capitalize on Sarasota's growth, making it an ideal investment for those seeking to build and develop in a thriving market. The property's location and zoning regulations provide endless possibilities for residential construction, promising a lucrative return on investment. This is a rare chance to acquire a well-situated lot in a sought-after area, ready for the next chapter in its development. The Sarasota County APN is 0112130041. The asking price for this exceptional opportunity is $625,000.

    Property Features for 0 Southpointe Dr

    General Information

    Property type
    Land

    HighLights

    • RSF‑1 zoning, perfect for residential construction.
    • Excellent Sarasota location in a booming market.
    • Prime investment opportunity for land and residential developers.
    • Strong potential for portfolio growth.
    • High development potential.
    • Ideal site for future residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5098249
    Latitude
    27.2410326

    Nearby Similar for Sale

    • $3,800,000
      8,165 SF

      Downtown Sarasota Mixed-Use Building

      Three-story mixed-use building in downtown Sarasota with penthouse residence.
      1345 2Nd St, Sarasota, FL 34236
      View Details
    • $2,480,000
      4,435 SF

      Siesta Key Income Property

      Fully leased 6-unit property near Siesta Key Beach.
      1761 Siesta Dr, Sarasota, FL 34239
      View Details
    • $6,249,000
      7,934 SF

      Equestrian Estate on 20 Acres

      Sarasota equestrian estate with barns, multiple residences, and equestrian facilities.
      8200 Ibis St, Sarasota, FL 34241
      View Details
    • $875,000
      Pending

      Sarasota Quadruplex Investment Opportunity

      Turnkey four-unit property in Sarasota's Pinecraft neighborhood.
      3504 Estrada St, Sarasota, FL 34239
      View Details
    • New
      $600,000
      Pending

      Unique Triplex in Laurel Park

      Triplex in Laurel Park neighborhood, close to downtown and Sarasota Bay.
      1825 Hawkins Ct, Sarasota, FL 34236
      View Details
    • $3,790,800
      12,060 SF

      Sarasota Industrial Acre Near Downtown

      12,060 SF industrial building on 0.98 acres near downtown.
      2015 N Washington Blvd, Sarasota, FL 34234
      View Details

    FAQs

    What type of property is this?
    Land - Prime Sarasota land, residential zoning.
    Where is this land located?
    The property is located at Southpointe Dr Sarasota, FL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: RSF-1 zoning, perfect for residential construction.; Excellent Sarasota location in a booming market.; Prime investment opportunity for land and residential developers.
    (941) 923-0535
    Request Owner's contact information
    Southpointe Dr Sarasota, FL 34231
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Southpointe Dr
    Sarasota, FL 34231
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Southpointe Dr Sarasota, FL 34231
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.