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2338 Datura Street

Sarasota, FL 34239
  • $2,200,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: A4576213
UPDATED: 44 min ago
$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. Dont 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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© 2023 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 2023-12-05T10:45:19.283.
www.locallivingrg.com/homes/141370367
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2338 Datura Street Sarasota, FL 34239

  • Price: $2,200,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 44 min ago
  • 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. Dont 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

Covered Spaces 0 Current Adjacent Use Residential Direction Faces North Front Footage 160 Lot Features BuildableClearedCompact SoilCurb and GuttersFire HydrantCity LotLevelOversized LotRoom For PoolSidewalk Lot Size Dimensions 160x339 Open Parking YN No Road Frontage Type Private 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

Cooling YN No Heating YN Yes 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 GuardSidewalk 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 © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Elite Realty Brokerage: 941-740-5411.



© 2023 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 2023-12-05T10:45:19.283.
 
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