2101 Main StSarasota, FL 34237
- Land
- 0.29 AC
Property Details for 2101 Main St
- Lot size
- 0.29 AC
- Zone code
- DTC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 2029-04-0014
- APU
- 2029040014
Description
This exceptional 11,485 sq ft commercial lot in downtown Sarasota, FL (APN 2029040014), is situated on Main Street, just east of the 301 N/S thoroughfare. Zoned DTC, it's located within an Opportunity Zone, offering significant tax advantages. The property's prime location is adjacent to a planned $500 million development, promising substantial future appreciation. Current zoning permits construction of up to a 10-story building. Pre-approved plans for a 14-unit multi-family townhome development with parking are available, providing a ready-made blueprint or a solid foundation for custom development. This presents a rare opportunity to capitalize on Sarasota's thriving downtown core and the benefits of an Opportunity Zone designation. The asking price is $2,500,000. Seize this chance to build your vision in a dynamic and rapidly developing area. This is a truly unique opportunity for investors seeking high-growth potential and tax advantages.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,863,575
- Hospitality
- $3,539,014
- Educational
- $2,944,418
- Medical
- $3,045,681
- Retail
- $4,580,206
Location Insight
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Latitude
- 27.3367
- Longitude
- -82.5281
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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