905 ROYAL PALM DRIVE Sarasota, FL $ 250,000
905 ROYAL PALM DRIVE
$ 250,000
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905 ROYAL PALM DRIVE

Sarasota, FL, 34234
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,560

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Studio

Lots and Land for sale in Sarasota, FL

for $250,000. The lot size is 0.67.

Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.

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Lots and Land Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,167

Style

Lot Size

0.67

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4646446

Features
General
Sewer Public Sewer
Utilities Other
Zoning RMF2
Tax Year 2024
Current Use Unimproved
Ownership Fee Simple
County Sarasota
Property Type Land
Subdivision Name WILDWOOD PINES
Status Active
Directions Driving Directions to 905 Royal Palm Drive Sarasota FL 34234 From I-75 take Exit 213 (University Parkway) and head west. Turn left on US-41/S Tamiami Trail then right on Myrtle Street. Turn left onto Royal Palm Drive—property is on the right. From Downtown Sarasota head north on US-41/N Tamiami Trail turn left on Myrtle Street then left on Royal Palm Drive—property is on the right. From SRQ Airport take University Parkway west turn left on US-41/S Tamiami Trail then right on Myrtle Street. Turn left on Royal Palm Drive—property is on the right.
City SARASOTA
MLS Area 34234 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 28701
Tax Annual Amount 2167
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4646446
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 7
Legal Description LOT 7 & PART OF LOT 6 DESC AS BEG NE COR LOT 6 TH N-62-39-35-W 146.05 FT TH W 15 FT TH S 49.68 FT TH S-56-57-9-E 83.11 FT TH N- 82-46-18-E 58.91 FT TH NELY ALG CURVE TO RIGHT 27.83 FT TO POB TOGETHER
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 28701
Lot Dimensions 257 x 126 98 x 231
Lot Size Acres 0.67
Road Surface Type Asphalt
Waterfront Y/N false
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* Excluded Features
List By
Barrett Realty, Inc

Broker

jerry@opalconsultinggroup.com

Email

Affordability Calculator

$1,740
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$181
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$250,000 Listed Price

Map


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905 ROYAL PALM DRIVE, Sarasota, FL, 34234 is a Lots and Land for sale at $250,000 with a lot size of 0.67. 905 ROYAL PALM DRIVE is a studio with 0.0 baths. The property's zip code is 34234 which is in Sarasota, FL