1400 Fruitville Rd Sarasota, FL 34236
- Individual retail properties
- 4,514 SF
- 0.22 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 1400 Fruitville Rd
- Year built
- 1995
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 4,514 SF
- Zone code
- DTC
- Property type
- Individual retail properties
- APN
- 2026-14-0039
- APU
- 2026140039
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5424
- Latitude
- 27.3386
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
