1353636-sale - 5058 Sacramento St, Sarasota, FL 34235

5058 Sacramento St, Sarasota, FL 34235

Buildout# 1353636-sale

$1,700,000

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Property Details

5058 Sacramento St

Features

APN	0017100005
Location	University Parkway to Honore Ave south to Desoto Rd west to Harold Ave south to Sacramento St. Though it is tucked within a lush tree-lined neighborhood; it is also only 1.4 miles away from the UTC mall.
Lot Size	15.000 acre(s)
Sale Brochure	Click here
Zoning	RE-1 (1 unit/2 acres) , FLU RSF-1, RSF-2 or RSF-3

The information presented herein is provided as is, without warranty of any kind. Neither Michael Saunders & Company^® nor Buildout Real Estate Software, Inc. assume any liability for errors or omissions.

The site is currently zoned as RE1 or only 1 unit per 2 acres. The site was previously listed at $2.3M based on the FLU map. The site is surrounded by parcels that have been rezoned to either RSF-1 (2.5 units per acre), RSF-2 (3.5 ... more.units per acre) or RSF-3 (4.5 units per acre). However, it is very important to note, a previous buyer was unsuccessful in receiving a site plan approval for 55 units or 3.67 units per acre. We have since reduced the asking price to $1.7M and recommend seeking the current density or a reduced FLU density.