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$4,225,000
$4,225,000
price
0.53
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.

Description

The surveys are piling up: US News & World Report calls Sarasota the 9th "Best Place to Live" in 2021. Time Magazine included Sarasota in the Top 100 "Most Interesting Places in the World." And now you have an opportunity to buy a piece of paradise in one of the most coveted neighborhoods in Downtown Sarasota. 625 S Palm Ave is one of the few remaining vacant tracts of land with Downtown Edge Zoning. You can build up to 13 luxury condominiums or townhouses at a maximum height of 5 stories (4 levels of residential over parking). An easy stroll to Marie Selby Botanical Gardens; downtown restaurants; Burns Court; art galleries; retail shops and entertainment. And just a block away from the waterfront! (Please note that 1526 Oak Street, across Elder Lane from the subject property is available separately at $1,675,000. Oak Street would accommodate 3 additional newly built dwelling units.) Please watch this professionally-narrated video complete with drone footage of both properties: https://www.youtube.com/watch?v=kkJfkVTLloc or click on the virtual tour and/or web link.

Property Highlights

  • Property Type: Land/Farm/Lots
  • MLS #: A4509820

General Information

Total Acres
Total Acres
0.53
Area 34236 - Sarasota
Elementary School Southside Elementary
High School Sarasota High
Middle School Brookside Middle
Property Subtype Land
Subdivision Grosvenor Park Sub
Taxes $20,602

Property Features

Direction Faces West
Lot Size Acres 0.53
Lot Size Dimension 23400
Lot Size Square Feet 23,400
$4,225,000
$4,225,000
price
0.53
approx. acreage
Land
Farm
prop. type
Real Estate Professional
C.
Location
625 S Palm Avenue, Sarasota, FL 34236 Driving Directions
Similar Listings
Sarasota
Nearby Schools
Listed by Ray Collins, Coldwell Banker Realty.

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