Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
MLS# A4646446
03/28/2025
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Prime Multi-Family Development Opportunity in Sarasota!
Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage
Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market.
This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area.
The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation.
With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.
Presented By: COLDWELL BANKER REALTY with 941-366-8070. - 941-366-8070
Interior Features for 905 ROYAL PALM DRIVE
Bathrooms
Total Baths
General for 905 ROYAL PALM DRIVE
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Countysarasota
Current Useunimproved
Directionsdriving directions to 905 royal palm drive, sarasota, fl 34234
from i-75, take exit 213 (university parkway) and head west. turn left on us-41/s tamiami trail, then right on myrtle street. turn left ont
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionlot 7 & part of lot 6 desc as beg ne cor lot 6 th n-62-39-35-w 146.05 ft th w 15 ft th s 49.68 ft th s-56-57-9-e 83.11 ft th n- 82-46-18-e 58.91 ft th nely alg curve to right 27.83 ft to pob, together
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