0 Southpointe Dr Sarasota, FL 34231
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.