5167 Desoto ROAD Sarasota, FL ^$ 1,200,000

5167 Desoto ROAD

^$ 1,200,000

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New Construction

5167 Desoto ROAD

Sarasota, FL, 34243

^$ 1,200,000

Studio Baths0.0

Monthly Estimate*

^$ 8,382

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Studio

Lots and Land for sale in Sarasota, FL

for $1,200,000. The lot size is 2.23.

Under contract-accepting backup offers. Incredible development opportunity, rarely available land with UTC at your fingertips. 2.23 acres recently rezoned to RSF-4 allowing up to 11 units to be built on site. This property could potentially be rezoned to RMF-2 which would allow for up to 20 multi family units, or up to 40, 1/2 ADU’s.? (Units less than 750 sq.? ft.) Walk to all UTC has to offer. 1.5 Miles to I-75. Please see concept pictures and non-binding site approval plan in photos and video. Additional documents available.

Lots and Land Pending

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 2,347

Style

Lot Size

2.23

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4546885

Features

General

Sewer None

Utilities Cable Available Electrical Nearby Electricity Available Sewer Available Sewer Nearby Water Available Water Nearby

Zoning RSF4

Tax Year 2021

Current Use Unimproved

Percent Ownership Fee Simple

County Sarasota

Property Type Land

HOA / Comm Assn No

Subdivision Name SARASOTA GARDENS

Facing Direction South

Status Pending

Directions From I-75 take University exit and head West. Turn left at your first light .4 mi from exit at Cattlemen Road. Turn right at 3rd traffic circle or .5 mi from University onto Desoto Rd. Travel .6 m

High School Booker High

City SARASOTA

Buyer Agent Compensation 3%

MLS Area 34243 - Sarasota

Lot Size Square Feet 97350

Waterfront Y/N No

Street Name Desoto

Listing Terms Cash

Elementary School Emma E. Booker Elementary

Tax Annual Amount 2347

Middle/Junior High School Booker Middle

Public Remarks Under contract-accepting backup offers. Incredible development opportunity rarely available land with UTC at your fingertips. 2.23 acres recently rezoned to RSF-4 allowing up to 11 units to be built

Virtual Tour https://youtu.be/rS_8ouv1a1w

Days on Market 566

Standard Status Pending

Tax Lot 14

Legal Description S 1/2 OF LOT 14 SARASOTA GARDENS

Exterior

Water Source None

Lot Size Area 2.2348

Lot Dimensions 320 x 304

Lot Size Acres 2.23

Road Surface Type Paved

Lot Size Units Acres

Road Frontage Type County Road

Interior

Street Suffix ROAD

Total Baths 0

Living Area Units Square Feet

* Excluded Features

List By

Exp Realty Llc

Broker

sethw941@gmail.com

Affordability Calculator

$8,578

Per Month

Monthly Principal & Interest: $8,382
Monthly Property Taxes: $196
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Sarasota, FL

Average List Price ^$1,681,363

Percent of Sale Price 40%

About Sarasota, FL

55,052 Population

5% Since 2002

^$46,682 Median Income

45.17 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3324296 Elementary School

265039 Middle School

Booker High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/16/2023	$1,200,000	-14.22%	Price Down
1/31/2023	$1,399,000	-6.67%	Price Down
12/5/2022	$1,499,000	-11.56%	Price Down
10/17/2022	$1,695,000	-13.08%	Price Down
9/8/2022	$1,950,000		Listed Price

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5167 Desoto ROAD, Sarasota, FL, 34243 is a Lots and Land for sale at $1,200,000 with a lot size of 2.23. 5167 Desoto ROAD is a studio with 0.0 baths. The property's zip code is 34243 which is in Sarasota, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information courtesy of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Data is updated as of 4/28/2024.

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5167 Desoto ROAD

Lots and Land for sale in Sarasota, FL

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