• Asking Price $2,200,000
  • 2338 DATURA ST SARASOTA, FL 34239

  • Vacant Land / Resale (MLS)

Property Details for 2338 DATURA ST, SARASOTA, FL 34239

Features

  • Lot Size: 25518 sq. ft.
  • Total Units: 1

Facts

  • Property ID: 886231370
  • MLS Number: A4576213
  • Parcel Number: 0056-03-0040
  • Property Type: Vacant Land
  • County: SARASOTA
  • Legal Description: COM AT NE COR OF LOT 26, HOMELANDS DEVELOPMENT CORP SUB TH ALONG SLY R/W OF DATURA ST N 89-52-10 E 20.01 FT FOR POB TH N 89-52-10 E 84.25 FT TH N 75-11-27 E 54.41 FT TO NW COR OF
  • Zoning: RSF3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Introducing an investment opportunity in Arlington Park, Sarasota: a fully-approved subdivision project encompassing a 1.25-acre lot, soon to transform into four high-quality, oversized homesites.nnThis property, situated in a prime Sarasota neighborhood, is currently in the infrastructure development phase, including utilities and a private road. The project is expected to reach completion by the end of September 2023, following which, individual addresses will be assigned to each lot.nnThe dev team is pleased to announce that they've brought on board a team of respected custom and spec builders, ready and motivated to drive this project forward. These builders, known for their skills and quality workmanship, are looking forward to contributing through either a builder fee arrangement or a joint venture agreement. This partnership provides additional security and predictability for the investment, fostering a quicker path to potential returns.nnThe homesites are located within Arlington Park, a highly desirable neighborhood in Sarasota, ideally positioned under Hyde Park Street and west of S Shade. The vigorous market for new construction homes in this area underscores the opportunity for a successful investment.nnThe homesites, with dimensions ranging from 8553 sqft to 9770 sqft, are part of a private subdivision with potential for gated access. The homesites also benefit from being situated in a top-tier school district and outside flood zones. Furthermore, as per HOA guidelines, each home is expected to feature a minimum of 2,800 sqft of living space and a two-car garage.nnThis investment proposition, blending location, size, and a high potential for returns, is backed by detailed financials and a well-prepared proforma. These documents are readily available for review with POF.nnThe team is readily available to discuss this lucrative opportunity in further detail. Interested parties are encouraged to contact us to acquire these materials or to address any queries about the process. Dont miss out on this unique chance. Reach out today and take the first step toward securing a stake in this promising development in the heart of Sarasota. Secure your future with an investment that blends excellent potential returns with a team of experienced builders already on board.

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Property Brokerage: E Realty Group LLC 1990 Main Street Suite 750 Sarasota FL 34236
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.