For Sale $1,700,000
Property Type VacantLand
Lot Size 15 Acre
Additional Rent Contact for pricing
Date Updated Sep 19, 2024

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.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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

15 Acres Zoned for Residential Development
Future Land Use Potential for rezone to higher zoning density
Great location in a remote neighborhood but close to University and the UTC Mall

Contacts

Lee DeLieto Jr.

MSC Commercial

Location

Getting Around

Walk Score ®
3/100 Car-Dependent
Bike Score ®
34/100 Somewhat Bikeable

Map
Street

City Sarasota, FL
Neighborhood The Meadows
Zip Code 34235
Market Southwest Florida Coast

Points of Interest

Tesla Supercharger

0.74 miles
Wawa

0.80 miles
ChargePoint

1.00 miles
BJ's Wholesale Club

1.63 miles
7-Eleven

1.70 miles
Mobil

1.84 miles
7-Eleven

2.22 miles
Marathon

2.33 miles
Shell

2.36 miles
Marathon

2.66 miles

Celery Fields Parking Lot

4.18 miles
Tailgate Parking

4.24 miles
Long Term Parking

5.16 miles
Short Term Parking

5.17 miles
State Street Parking Garage

5.17 miles
Rental Car Parking

5.25 miles
Palm Avenue Parking Garage

5.37 miles
Selby Gardens Parking Lot

5.45 miles
North Parking Garage

5.51 miles
Waldemere Parking Garage

5.52 miles

Homewood Suites Sarasota Lakewood Ranch

0.83 miles
Courtyard Sarasota University Park

1.25 miles
Hampton Inn & Suites

1.46 miles
EVEN Hotel Sarasota-Lakewood Ranch

1.64 miles
Hyatt Place Sarasota / Lakewood Ranch

1.70 miles
Fairfield Inn & Suites by Marriott Sarasota Lakewood Ranch

1.72 miles
La Quinta Inn & Suites Sarasota - I75

2.79 miles
Sleep Inn Sarasota I-75

2.97 miles
Comfort Inn & Suites

3.02 miles
Carlisle Inn

3.93 miles

BurgerFi

0.95 miles
Blaze Pizza

0.99 miles
Carrabba's Italian Grill

0.99 miles
Chick-fil-A

1.03 miles
Chipotle

1.04 miles
Moe's Southwest Grill

1.15 miles
Wendy's

1.18 miles
Mademoiselle Paris

1.35 miles
Pei Wei

1.35 miles
Fresh Kitchen

1.37 miles

Gocio Elementary School

2.07 miles
Culinary Innovation Lab at USF Sarasota-Manatee

2.41 miles
Meridian Career Institute

2.74 miles
Saint Martha's Catholic School

2.93 miles
Out of Door Academy - Middle and Upper School - Lakewood Ranch

3.15 miles
Fruitville Elementary School

3.17 miles
McIntosh Student Center

3.30 miles
Tuttle Elementary School

3.46 miles
Emma E. Booker Elementary School

3.55 miles
Sarasota Christian

3.70 miles

Koala Early Education Center

2.28 miles
Sammy's Small World Daycare

3.46 miles
Kids 'R' Kids Learning Academy of Lakewood Ranch

4.58 miles
Children First

4.60 miles
Sprouts Child Development Center

4.61 miles

Frequently Asked Questions

How much does 5058 Sacramento St cost?

The space currently listed for sale at 5058 Sacramento St asks for $1,700,000.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.