$12,600,000

4101/4103 S School Avenue, Sarasota, FL 34231

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$12,600,000

4101/4103 S School Avenue Sarasota, FL 34231

For Sale MLS# A4602611

4.77 AcresLot/Land

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Data current as of 19/05/2024 05:09:10

Details for 4101/4103 S School Avenue

MLS# A4602611

Description for 4101/4103 S School Avenue, Sarasota, FL, 34231


Located at 4101 and 4103 S School Avenue and adjacent to Sarasota's redeveloped Bath & Racquet Club, this exceptional 4.77 +/- acres of vacant land offers an enticing prospect for crafting up to 21 single-family homes. This 2 parcel property features approved RSF-3PUD zoning, facilitating a 4.5 unit per acre development envelope. The 21-unit concept plan includes a private road with gate access at the end of School Avenue, permitted building heights up to 55' if desired, and plenty of green space and parkland. Alternate concepts & configurations are available.Boasting seamless access to shopping, restaurants, A-rated schools, parks, beaches, downtown Sarasota, St. Armand's, Longboat Key, and I-75, this prime location presents an ideal fusion of convenience and potential. It's an opportune moment to curate a beautiful community that embodies the essence of luxurious Sarasota living.Seller financing and partnership opportunities are available for a qualified buyer.

Listing Information


Property Type: Lot/Land

Status: Active

Lot Size: 4.77 Acres

Subdivision: Sarasota-Venice Co River Sub

Current Use: Residential

County: Sarasota

Utilities


Water: Public

Sewer: Septic Tank

Other Utilities: Other

Exterior / Lot Features


Lot View: Trees/Woods

Lot Dimensions: 650x661

Additional Exterior/Lot Features: Buildable

Driving Directions


From South: Us 41, North to Roselawn St to S School Ave, turn right. 4101 S School Ave is located at the end of S School. From North: US41, South to Bee Ridge Rd to S School Ave, turn right. Follow the road to 4101 S School Ave.

Financial Considerations


Terms: Cash,Other

Tax/Property ID: 0074110063

Tax Amount: 9101.4

Tax Year: 2023

Price Changes


$12,600,000 Original Price
$12,600,000 Current Price
$0Total Change
Date Price Change
03/11/2024 11.19 AM $12,600,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 4101/4103 S School Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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