INDIAN CREEK DEVELOPMENT OPPORTUNITY

Vacant Land for Sale
Catylist Listing ID: 29993153
Property Subtypes: Residential (Single Family)
Gross Land Area: 1,937 Acres
Sale Price: $60,000,000
Unit Price: $30,962 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/6/2017

Overview / Comments

After rezoning from Open Use Estate (OUE) and Open Use Rural (OUR), it is anticipated the property will be approved to create an opportunity to build approximately 1,320 residential units.

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 547002000, et al
Zoning: OUE AND OUR
Property Visibility: Excellent
Largest Nearby Street: Fruitville Road and Verna Road
Feet of Frontage: 4,030
Highway Access: Fruitville Road and Verna Road
Site Description: Approximately 4,030 feet of frontage along north side of Fruitville Road beginning about 8.4 miles east of I-75. Also, 1,267 feet of frontage along west side of Verna Road about 3.0 miles north of Fruitville Road (Sarasota County).
Lot Frontage: 4,030
Development Name: Indian Creek


Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,616 10,065
Median Age: 46.93 40.78
Households: 1,665 3,425
© Copyright My Florida Commercial Real Estate. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.