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2338 Datura Street

Sarasota, FL 34239
  • $2,200,000
  • STATUS: Active
  • ON SITE: 338 Days
  • MLS #: A4576213
$2,200,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

Description

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. This 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. The 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. The 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. The 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. This 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. The 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. Don't 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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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 last updated 2024-06-13T23:53:29.69.
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2338 Datura Street Sarasota, FL 34239

  • Price: $2,200,000
  • Status: Active
  • On Site: 338 Days
  • MLS #: A4576213
0
Beds
0
Baths
0
½ Baths
1.25
Acres
Neighborhood:
Palmers Sub
County:
Sarasota
Area:
Sarasota/Pinecraft
Elementary School:
Southside Elementary
Middle School:
Brookside Middle
High School:
Sarasota High
Property Description
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. This 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. The 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. The 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. The 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. This 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. The 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. Don't 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.
Exterior Features

Current Adjacent Use Residential Direction Faces North Lot Features BuildableClearedCompact SoilCul-De-SacCurb and GuttersFire HydrantCity LotLevelOversized LotPrivateRoom For PoolSidewalk Lot Size Dimensions 160 x 339 Road Frontage Type Street PavedPrivate Road Road Surface Type PavedAsphalt View GardenPoolTrees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Sewer Public Sewer Water Source Public

Property Features

Association Amenities Gated Association Fee Includes Common Area TaxesPrivate Road Association Yn No Community Features CurbsGated Community - No GuardSidewalks Current Use Residential Flood Zone Code X500 For Lease Yn No Listing Terms CashConventionalOther Ownership Fee Simple Pets Allowed Yes Realtor Info Docs AvailableFloor Plan AvailableSurvey Available Security Features Gated Community Special Listing Conditions None Sw Subdiv Community Name Homelands Dev Corp Sub Sw Subdiv Condo Number 8 Tax Annual Amount 5625 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableElectricity AvailableFire HydrantOtherPhone AvailableSewer AvailableWater Available Zoning RSF3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of EMERALD REALTY BROKERAGE: 941-740-5411.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 last updated 2024-06-13T23:53:29.69.
 
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