5058 Sacramento Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
5058 Sacramento Ave
15 Acres of Residential Land Offered at £1,341,300 in Sarasota, FL 34235
Investment Highlights
- 15 Acres Zoned for Residential Development.
- Great location in a remote neighborhood but close to University and the UTC Mall.
- Future Land Use Potential for rezone to higher zoning density.
Executive Summary
The site is currently zoned as RE1 or only 1 unit per 2 acres.
The site was previously listed at $2.3M based on the FLU map.
The site is surrounded by parcels that have been rezoned to either RSF-1 (2.5 units per acre), RSF-2 (3.5 units per acre) or RSF-3 (4.5 units per acre).
However, it is very important to note, a previous buyer was unsuccessful in receiving a site plan approval for 55 units or 3.67 units per acre.
We have since reduced the asking price to $1.7M and recommend seeking the current density or a reduced FLU density.
The site was previously listed at $2.3M based on the FLU map.
The site is surrounded by parcels that have been rezoned to either RSF-1 (2.5 units per acre), RSF-2 (3.5 units per acre) or RSF-3 (4.5 units per acre).
However, it is very important to note, a previous buyer was unsuccessful in receiving a site plan approval for 55 units or 3.67 units per acre.
We have since reduced the asking price to $1.7M and recommend seeking the current density or a reduced FLU density.
Property Facts
| Price | £1,341,300 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 15.00 AC |
| Price | £1,341,300 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 15.00 AC |
1 Lot Available
Lot
| Price | £1,341,300 | Lot Size | 15.00 AC |
| Price Per AC | £89,420 |
| Price | £1,341,300 |
| Price Per AC | £89,420 |
| Lot Size | 15.00 AC |
Description
University Parkway to Honore Ave south to Desoto Rd west to Harold Ave south to Sacramento St. Though it is tucked within a lush tree-lined neighborhood; it is also only 1.4 miles away from the UTC mall.
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £1,330,727 | Total Assessment | £1,330,727 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,330,727
Improvements Assessment
£0
Total Assessment
£1,330,727
zoning
| Zoning Code | RE1 (Residential Estate zoning district that allows large lot, estate-type development) |
| RE1 (Residential Estate zoning district that allows large lot, estate-type development) |
-
Lee DeLieto Jr. -
Leon DeLieto -
Will Martin -
Michael Saunders & Company
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
5058 Sacramento Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.