www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31389398
31389397

4880 Fruitville Rd, Sarasota, FL 34232

Michael Saunders & Company
WM
FL SL3373206
Michael Saunders & Company
SB
FL FL SL3582071
Michael Saunders & Company
Listed by Michael Saunders & Company
Unpriced
66 days on market
Updated 37 days ago

4880 Fruitville Rd

Details
Property Type Land
Sub Type Commercial
Acreage 2.890
Zoning OPI

7954 SF building on 2.89 acres of land with future residential land use.

Marketing description

This offering represents a compelling land play along Sarasota’s highly traveled Fruitville Road corridor, with multiple clear paths to value creation. While the property is currently zoned OPI (Office, Professional & Institutional), the site’s strategic frontage on a major arterial and its proximity to significant east Sarasota growth make higher‑density residential development arguably the highest and best long‑term use, subject to a successful rezoning and entitlement process. For groups seeking a more near‑term execution, the existing OPI zoning supports a range of office, medical, and professional uses, allowing for an office‑focused redevelopment or repositioning strategy that leverages strong traffic counts and corridor visibility. In addition, a buyer could simply continue to utilize the existing structure, which has operated as a successful event, party, and  membership venue, preserving current functionality while planning future redevelopment. Investors and developers can pursue either a rezoning for residential or mixed‑use density to capture ongoing eastward expansion, capitalize on the in‑place OPI zoning for a modern office or professional project, or maintain and enhance the current improvements as an income‑producing

Located directly on Fruitville Road, one of Sarasota’s primary east–west arterials, this site offers exceptional visibility and ease of access for future  development. Its position near I‑75 places it at a key gateway between established central Sarasota neighborhoods and the rapidly expanding residential and commercial communities to the east. Daily traffic along Fruitville delivers strong drive‑by exposure and convenient connectivity to major employment centers, retail, and dining. As growth continues to push eastward, this corridor is experiencing increasing rooftops, improved infrastructure, and a deepening customer and workforce base. The property’s location allows a future project to capitalize on both long‑standing Sarasota demand and the momentum of new development in East Sarasota.

Investment highlights

  • 2.89± acre site (125,900 SF) with 7,954 SF existing building in place.
  • Prime Fruitville Road frontage on a major Sarasota east–west arterial with strong visibility and access.
  • Strategic location near I‑75 at the gateway between established central Sarasota and rapidly growing East Sarasota communities.
  • Covered land play with compelling upside from potential higher‑density residential development, subject to rezoning and entitlements.
  • Current OPI zoning supports a range of office, medical, and professional uses for office‑focused redevelopment.
  • Traffic count of 57,500 along Fruitville.

Listing Contacts

Michael Saunders & Company
WM
FL SL3373206
Michael Saunders & Company
SB
FL FL SL3582071
Michael Saunders & Company
Listed by Michael Saunders & Company

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Lee Delieto Jr., P.A.
License
FL BK702292
Brokerage Phone
9419573730
Name
Will Martin
License
SL3373206
Brokerage
MSC Commercial
Brokerage Phone
9413029990
Title
Commercial Real Estate Broker
Brokerage Address
1605 Main Street
Name
Spencer Brannen
License
FL SL3582071
Brokerage Phone
9419573730
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591