Downtown Sarasota Redevelopment Opportunity
Land | 18,215 SqFt
Marketing description
Ian Black Real Estate is pleased to present the opportunity to purchase four developable lots on Fruitville Rd in the sought after Rosemary District. There are multiple possibilities at this site for a buyer consider, including keeping all or none of the currently occupied professional office buildings. In the event of a redevelopment there are conceptual site plans available for up to a 42 unit seven story building with almost 4,000 SF of ground floor commercial space as well as a smaller project if a buyer desires to keep an office building. The properties are located in Downtown Edge (DTE) zoning and also a part of the Rosemary Residential Overlay District (RROD) allowing for up to 100 units per acre.
Investment highlights
Four lots with a total of 18,215 SF
Three move in ready office buildings
- 1555 Fruitville 2,393 SF
- 1559 Fruitville 1,370 SF
- 1577 Fruitville 2,300 SF
Excellent view cooridors
Up to 100 units per acre
Mixed Use Zoning
Do not disturb current tenants
Please contact the agent for further details
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