


Listing Courtesy of:
STELLAR / Coldwell Banker Realty / Jerry Holston - Contact: 941-366-8070

905 Royal Palm Drive Sarasota, FL 34234
Active (10 Days)
$385,000
0.66
ACRES
Description
MLS #:
A4646446
A4646446
Taxes
$2,167(2024)
$2,167(2024)
Lot Size
0.66 acres
0.66 acres
Type
Land
Land
County
Sarasota County
Sarasota County
Listed By
Jerry Holston, Coldwell Banker Realty, Contact: 941-366-8070
Source
STELLAR
Last checked Apr 7 2025 at 11:27 AM GMT+0000
STELLAR
Last checked Apr 7 2025 at 11:27 AM GMT+0000
Bathroom Details
Subdivision
- Wildwood Pines
Utility Information
- Utilities: Other, Water Source: Public
- Sewer: Public Sewer
Additional Information: Sarasota Downtown | 941-366-8070
Location
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 4/7/25 04:27
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 RMF-2, allowing for a 10-unit multi-family development, with the potential to expand to 14 units—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. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity.
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.