8751 Fruitville Road, Sarasota, FL 34240 - Photo 1

1/1

$3,500,000

Sold
Closed
Lots/Land
11 Acres

1/1

Property Description

11 +/- acres for sale! This is a RARE OPPORTUNITY to acquire versatile land in the heart of Sarasota just South of Lakewood Ranch and the rapidly developing communities of Waterside Place. This property sits adjacent to Faith Baptist Church on Fruitville road, just east of the Fruitville initiative. As Sarasota continues to develop Eastward, this property stands to be a valuable centerpiece in the community. The infrastructure and utilities are already in place for anything that would be approved under a Special Exception, or a rezone and the owner has started the process for Special Exception in order to fast track approvals for the buyer. The "OUR" zoning provides many opportunities and use cases for the use of the property. See the attachments for a comprehensive list of uses which could be approved under a "Special Exception." The way this property is offered allows entitlements to be calculated using the whole 22+/- acres of the entire parcel and the Seller will allow use of some of the 600 parking spaces and perhaps some of the facilities of the existing campus. Owner financing is a possibility for an approved use as long as the use is compatible with the church. The owners would also consider a long-term lease or a lease-purchase.

Full Property Details

Full Property Details for 8751 Fruitville Rd

General

Sold For: $3,500,000
Taxes: $16,087 (2021)
Status: Closed
Type: Lots/Land
Source: MidFloridaRegionalMLS
MLS ID: A4553122
Added to Site: 1, 184 day(s) ago

Location

Area: 34240 - Sarasota
County: Sarasota
Development Name: 34240 - Sarasota
Subdivision: PALMER FARMS 3RD
Driving Directions: Approximately 3-4 miles east of I75 on Fruitville Rd. Property is on the left across from The Founders Club.
Direction Faces: South

School Information

Elementary School: Tatum Ridge Elementary
Middle School: McIntosh Middle
High School: Sarasota High

Community

Community Name: 34240 - Sarasota
Community Features: Activity Core/Center

Utilities

Sewer: Public Sewer
Water: Canal/Lake For Irrigation, Public, Well
Utility Description: BB/HS Internet Available, Cable TV Available, Cable Connected, Electricity Available, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Con

Structural Information

Current Bldg. Use: Business

Lot Features

Lot Size (Acres): 11
Lot Size (Sq. Ft.): 324,480
Lot Size: 7.449
Lot Dimensions: 520 x 624
Frontage: Street Lights, Street Paved, County Road, Turn Lanes, Deeded Easement
Street/Road Desc.: Paved, Asphalt

Water Features

Water Front: Yes
Water Access: Yes
Water Access Desc: Lake, Pond
Water Front Desc.: Lake, Pond

Financial Considerations

Price Per Acre: $318,182
Assoc Fee Desc.: None
Tax Amount: $16,087
Tax Year: 2021

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: COM AT NW COR OF SEC 22-36-19, TH N 89-10-30 E 1062.65 FT FOR POB TH CONT N 89-10-30 E 763.94 FT TH S 00-31-15 W 1257.61 FT TO N R/W OF FRUITVILLE RD TH S 89-00-41 W 161.62 FT TH S 89-14-37 W 520
Flood Zone Info: X
Disclosures/Reports: None
APN: 221013316
Property ID: 221013316
Block/Lot/Section: 1

Listed by Keller Williams On The Water S
Sold by Stellar Non-Member Office

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Schools

Schools serving 8751 Fruitville Rd

School District:Sarasota County School District

Name	Grades	Distance
Tatum Ridge Elementary School 4100 Tatum Road, Sarasota, FL 34240	PK-5	1.9 mi
Mcintosh Middle School 701 McIntosh Road, Sarasota, FL 34232	6-8	4.9 mi
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234	9-12	9.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8751 Fruitville Rd

Date

Details

Price

Change

Source

2/17/2025

Sold

$3,500,000

—

MLS

12/01/2022

Listed

$3,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8751 Fruitville Road, Sarasota, FL 34240 (MLS# A4553122) is a Lots/Land property that was sold at $3,500,000 on February 17, 2025. Want to learn more about 8751 Fruitville Road? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

8751 Fruitville Rd Sarasota, FL 34240