$650,000
Active · 103 days on market · MLS# MFRO6265492
| Lot size | 0.39 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $6,824 |
| County | Sarasota |
Prime Real Estate Opportunity: ½ Acre Lot with Tear-Down Potential for Multi-Family Development. Unlock the full potential of this expansive ½ acre lot, ideally located in a thriving neighborhood with strong growth prospects. Currently home to a single-family residence, this property offers a rare opportunity to tear down the existing structure and rebuild a multi-family development, making it a perfect choice for investors, developers, or builders looking to capitalize on the area's increasing demand for housing. The large lot provides ample space for multiple units, with plenty of room for parking, landscaping, and outdoor amenities. Zoning allows for high-density residential use, enabling you to create a modern, income-generating property or a high-end residential complex. Whether you're looking to build luxury townhomes, apartments, or a mixed-use space, this location offers the flexibility to bring your vision to life. Situated in a desirable, well-established community with excellent access to local shops, schools, parks, and major transportation routes, this property ensures both convenience and long-term value. Don't miss out on this exceptional investment opportunity! Contact us today to explore the possibilities and schedule a viewing.
Listing courtesy of Christopher Gallon, PA, EXP REALTY LLC. Presented by MC Homes Realty Inc · 727432218.