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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.
| DAYS ON MARKET | 809 | LAST UPDATED | 2/19/2025 |
|---|---|---|---|
| TRACT | PALMER FARMS 3RD | YEAR BUILT | 0 |
| COMMUNITY | 34240 - Sarasota | COUNTY | Sarasota |
| STATUS | Sold | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Tatum Ridge Elementary |
|---|---|
| Jr. High School | McIntosh Middle |
| High School | Sarasota High |
| ADDITIONAL DETAILS | |
| AREA | 34240 - Sarasota |
|---|---|
| LOT | 11 acre(s) |
| LOT DESCRIPTION | Cleared, Level, Paved, Waterfront, Wooded |
| LOT DIMENSIONS | 520X624 |
| SEWER | Public Sewer |
| SUBDIVISION | PALMER FARMS 3RD |
| TAXES | 16087 |
| UTILITIES | Cable Available, Cable Connected, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Pond, Water |
| WATER | Private, Public, Well |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Privileges, Lake, Pond |
MORTGAGE CALCULATOR
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Listing provided by Gary Turner, KELLER WILLIAMS ON THE WATER S, 941-803-7522
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 10/17/26 9:03 AM PDT.
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