128 N Briggs Avenue, SARASOTA, FL

$1,150,000

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1.04

Acres

About 128 N Briggs Avenue

Under contract-accepting backup offers. What will soon be 2701 Fruitville Rd, after you buy it. Sarasota City passed earlier in the year, up to 75 units/acre, high density residential. Endless commercial applications as well. 270' of frontage, 150' deep, 3 access points, 50000 cars a day, a perfect rectangle. Very few properties of this scale with the correct future land use pencil out these days, this one does. Inquire with listing agent about those density bonuses if you prefer multifamily development. The cherry on top, this property includes a 3/2 single family home, roughly 20k gross annual income back to your pocket while you wait for standard approval process'. Want more? The seller would consider holding paper for well qualified buyers.

Features of 128 N Briggs Avenue

MLS® # A4632411
Price $1,150,000
Acres 1.04
Type Land
Sub-Type Land
Status Pending

Community Information

Address 128 N Briggs Avenue
Area Sarasota
Subdivision DESOTO PARK FOR PETROUTSA BROS
City SARASOTA
County Sarasota
State FL
Zip Code 34237-5211

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed December 13th, 2024
Days on Market 276
Zoning RSF2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOMPASS FLORIDA LLC

Listing Map

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