$3,550,000
$4,225,000
16.0%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
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
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Bought with Ray Collins COLDWELL BANKER REALTY
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