Magnolia Park

Vacant Land for Sale
Catylist Listing ID: 30174250
Property Subtypes: Multi-Family
Gross Land Area: 1 Acre
Sale Price: $980,000
Unit Price: $980,000 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Last Updated: 11/9/2017

Overview / Comments

The subject property consists of three land pads that have all infrastructure in place to develop the three remaining buildings that would complete Magnolia Park. So fully developed are the sites that construction on buildings could begin immediately upon issuance of building permits. Two pads will be two story buildings, each building will have eight units. The third pad will have a three story building with twelve units. The three lots will accommodate twenty eight units.
Building 1 and 2 - 2-Stories
5,500 SF and 4 units for each floor
Totaling 11,000 SF and 8 units for each building
Building 4 - 3-Stories
6,600 SF and 4 units for each floor
Totaling 18,000 SF and 12 units

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0000008457
Zoning: RMF-3
Property Located Between: Albee Farm Road and Pinebrook Road
Property Visibility: Good
Largest Nearby Street: Tamiami Trail
Highway Access: Tamiami Trail
Airports: SRQ

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,339 38,734 66,655
Median Age: 66.41 64.24 60.9
Households: 4,564 20,949 34,238
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