Homes for sale - 1765 MORRILL ST, Sarasota, FL 34236

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Sara Verdesia

sara.verdesia@lptrealty.com +1(305) 984-2338

$2,750,000

Est. payment - /mo

0.38 Acres Lot

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UPDATED:

02/05/2025 08:55 PM

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Pos Sub Of Blks G & H

MLS Listing ID A4638114

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $18,389

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 152x100

Property Sub-Type Commercial

Property Description

Love where you live, work and play! Welcome to "Soma City Homes" in Laurel Park, Sarasota, Florida. This exceptional development opportunity allows the developer the possibility of living in a beautifully appointed condominium or townhome having their own 1,000 square foot office/retail space on the ground floor, making your commute time ZERO! This location embodies the perfect blend of urban charm and developmental promise. A rare chance to own a prime piece of real estate zoned Downtown Edge, this property offers limitless potential for those looking to make a significant impact in one of Sarasota's most desirable neighborhoods. With the allowance for up to 25 units per acre, envisage crafting a community of up to 9 luxurious townhomes or 3 magnificent single-family homes, each rising to meet the clear blue Sarasota sky. This property not only promises a blank canvas for breathtaking residential development but also opens the door to commercial opportunities, catering to a vibrant and growing community. Delve into the essence of Sarasota living with unparalleled access to the city's most celebrated attractions. Just moments away, the Selby Botanical Gardens offer a sanctuary of natural beauty, while the soft sands of Lido Beach and the exclusive boutiques of St. Armand's Circle provide endless leisure and retail therapy. Laurel Park is considered the cultural heart of the city with nearby access to the Sarasota Art Museum, join the lively scene at Marina Jacks, or immerse yourself in the green spaces of Laurel Park itself. While you plan and permit your vision, leverage the four existing structures on the property to generate income, making this not just a purchase but an investment in your future. Opportunities of this scale and versatility are rare in Sarasota, making this a highly coveted proposition for those ready to grow with the city and indulge in the lifestyle and privileges it offers. Don't miss your chance to be a part of Sarasota's growth and embrace all the beauty, culture, and vibrancy this remarkable city has to offer. DTE (Downtown Edge) zoning allows for up to 9 units with a ground floor office/retail use or 3 large, executive single family homes.

Location

State FL

County Sarasota

Community Pos Sub Of Blks G & H

Zoning DTE

Exterior

Utilities Available Cable Available, Electrical Nearby, Electricity Available, Other, Public, Sewer Available, Sewer Connected, Water Available, Water Connected

Building

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by HARRY ROBBINS ASSOC INC

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(305) 984-2338

sara.verdesia@lptrealty.com

1765 MORRILL ST Sarasota, FL 34236