625 S PALM AVE, Sarasota, FL 34236

$3,550,000

Est. payment /mo

$4,225,000

16.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

625 S PALM AVE Sarasota, FL 34236

0.53 Acres Lot

SOLD DATE : 03/24/2022

Key Details

Sold Price $3,550,000

Property Type Vacant Land

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Grosvenor Park Sub

MLS Listing ID A4509820

Sold Date 03/24/22

HOA Y/N No

Annual Tax Amount $20,602

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 23400

Property Sub-Type Other

Source Stellar MLS

Property Description

The surveys are piling up: US News & World Report calls Sarasota the 9th "Best Place to Live" in 2021. Time Magazine included Sarasota in the Top 100 "Most Interesting Places in the World." And now you have an opportunity to buy a piece of paradise in one of the most coveted neighborhoods in Downtown Sarasota. 625 S Palm Ave is one of the few remaining vacant tracts of land with Downtown Edge Zoning. You can build up to 13 luxury condominiums or townhouses at a maximum height of 5 stories (4 levels of residential over parking).
An easy stroll to Marie Selby Botanical Gardens; downtown restaurants; Burns Court; art galleries; retail shops and entertainment. And just a block away from the waterfront!
(Please note that 1526 Oak Street, across Elder Lane from the subject property is
available separately at $1,675,000. Oak Street would accommodate 3 additional
newly built dwelling units.)
Please watch this professionally-narrated video complete with drone footage of both properties: https://www.youtube.com/watch?v=kkJfkVTLloc or click on the virtual tour and/or web link.

Location

State FL

County Sarasota

Community Grosvenor Park Sub

Area 34236 - Sarasota

Zoning DTE

Exterior

Utilities Available Public

View Y/N No

Water Access No

Exposure West

Building

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water None

Schools

Elementary Schools Southside Elementary

Middle Schools Brookside Middle

High Schools Sarasota High

Others

Ownership Fee Simple

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

+1(941) 408-4047

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by Ray Collins COLDWELL BANKER REALTY
Bought with Ray Collins COLDWELL BANKER REALTY

NEARBY SCHOOLS & BUSINESSES

Magda Whelton And Michelle Whelton

Magda Whelton And Michelle Whelton

Advisor | License ID: SL3226366

+1(941) 408-4047

GET MORE INFORMATION

Name
Phone*
Message