905 ROYAL PALM DR, SARASOTA, FL, 34234
$250,000
Land
Lot Size
28,701 Sqft
Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.
Property Details
Property Features Property Features
MLS ID: MFRA4646446 Year Built:
Country: US County Or Parish: Sarasota
Current Use: Unimproved Listing Agreement: Exclusive Right To Sell
Property Type: Land Road Surface Type: Asphalt
Sewer: Public Sewer Showing Requirements: Call Before Showing
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Other
Water Source: Public
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