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1400 Fruitville Rd Sarasota, FL 34236

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For Sale
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.33-acre Multi-Family Development Site

Property Features for 1400 Fruitville Rd

General Information

Property type
Multifamily properties
Lot Size
14,375 SF

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Listing Contact
Stephen Horn
Stephen Horn

Listing Agency: Ian Black Real Estate LLC Listing Agent: Stephen Horn

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

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Property Insight Report

Overview

This exceptional .33-acre land parcel presents a unique development opportunity in the heart of downtown Sarasota, Florida. Situated at the southwest corner of Fruitville Road and Central Avenue, this property is zoned Downtown Core (DTC), allowing for a diverse range of mixed-use projects. Permitted uses include residential, multi-family, office, hotel, and retail developments. The site offers excellent views to the west and north, making it particularly well-suited for a boutique condominium project. Based on zoning regulations, the site could potentially accommodate up to 16 units under base density or up to 66 units under higher density allowances, with affordable housing requirements potentially impacting the final unit count. Specifically, higher density development would require a minimum of 10 affordable units, distributed across three AMI tiers (80%, 100%, and 120%). The property's prime location and flexible zoning provide significant potential for a high-return investment. This is a rare opportunity to acquire a strategically located development site in a thriving downtown area. The address is 1400 Fruitville Rd, Sarasota, FL 34236.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

High-rise multifamily apartments

Suggested Use

Dental Office Restaurant Spa & Massage Center Hair Salon Nail Salon Daycare Center Building Supply Pharmacy Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.542577277927
Latitude
27.338805318203

FAQs

What type of property is this?
Multifamily property - .33-acre Multi-Family Development Site
Where is this multifamily property located?
The property is located at 1400 Fruitville Rd Sarasota, FL.
What are key features of this property?
This property features: 0.33-acre land parcel in downtown Sarasota, Florida.; Located at the southwest corner of Fruitville Road and Central Avenue.; Zoned Downtown Core (DTC), allowing mixed-use development including residential, multi-family, office, hotel, and retail.
(407) 650-3615 Call to check price and availability
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