$1,058,000
$1,088,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
1.4 Acres Lot
SOLD DATE : 02/25/2021
Key Details
Sold Price $1,058,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Village Green Club Estates
MLS Listing ID A4483453
Sold Date 02/25/21
HOA Y/N No
Annual Tax Amount $8,777
Lot Size 1.400 Acres
Acres 1.4
Lot Dimensions 175x350
Property Description
This prime site is one of the few remaining residential development sites directly on the Beneva Road corridor. Beneva Road is one of the major secondary north-south connecting corridors in Sarasota County with a traffic count of 28,000 AADT at this location. The site is 1.4 acres, zoned RMF4 - Residential, Multi-Family and entitled for 25 residential dwelling units or 101 ALF and/or Memory Care units.
This high visibility location has frontage directly on the Village Green Golf Course and sits in an area of other single family and multi-family communities that were developed around Village Green Golf Course and Forrest Lakes Golf Course. The property has rare, grandfathered zoning allowing for up to 18 units per acre, or for this site a maximum of 25 residential units. This zoning also permits a maximum height of up to 85 ft. This parcel of land would be an excellent opportunity for a small, high density, golf course condominium or apartment project, or a memory care facility. A convenient, highly visible, centralized location with good access to shopping, dining, I-75, the beaches and downtown Sarasota.
Highly Visible 1.4 Acre Site
Rare RMF4 Zoning for 25 Residential OR 101 ALF Units
Multi-Family and Assisted Living Uses Permitted
High Traffic Secondary Corridor - 28,000 AADT
Hard Corner Site with North & South Ingress/Egress
Stable Neighborhood with Established Amenities Nearby
Site Abuts Village Green Golf Course
Location
State FL
County Sarasota
Community Village Green Club Estates
Zoning RMF4
Exterior
Utilities Available Electricity Available, Sewer Available, Street Lights, Water Available
Building
Lot Description Near Public Transit, On Golf Course
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water None
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with BRIGHT REALTY