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2338 DATURA STREET
SARASOTA FL 34239 US

$2,200,000

Pending Listing ID A4576213
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Lot: 1.25 Acres
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Other

$2,200,000

Pending Listing ID A4576213
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2338 DATURA STREET Under contract-accepting backup offers. Introducing an investment opportunity in Arlington Park, Sarasota: a fully-approved subdivision project encompassing a 1.25-acre lot, soon to transform into four high-quality, oversized homesites. This property, situated in a prime Sarasota neighborhood, is currently in the infrastructure development phase, including utilities and a private road. The project is expected to reach completion by the end of September 2023, following which, individual addresses will be assigned to each lot. The dev team is pleased to announce that they've brought on board a team of respected custom and spec builders, ready and motivated to drive this project forward. These builders, known for their skills and quality workmanship, are looking forward to contributing through either a builder fee arrangement or a joint venture agreement. This partnership provides additional security and predictability for the investment, fostering a quicker path to potential returns. The homesites are located within Arlington Park, a highly desirable neighborhood in Sarasota, ideally positioned under Hyde Park Street and west of S Shade. The vigorous market for new construction homes in this area underscores the opportunity for a successful investment. The homesites, with dimensions ranging from 8553 sqft to 9770 sqft, are part of a private subdivision with potential for gated access. The homesites also benefit from being situated in a top-tier school district and outside flood zones. Furthermore, as per HOA guidelines, each home is expected to feature a minimum of 2, 800 sqft of living space and a two-car garage. This investment proposition, blending location, size, and a high potential for returns, is backed by detailed financials and a well-prepared proforma. These documents are readily available for review with POF. The team is readily available to discuss this lucrative opportunity in further detail. Interested parties are encouraged to contact us to acquire these materials or to address any queries about the process. Don’t miss out on this unique chance. Reach out today and take the first step toward securing a stake in this promising development in the heart of Sarasota. Secure your future with an investment that blends excellent potential returns with a team of experienced builders already on board.

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Property Features

  • Facts
  • Lot Size: 1.25 Acres
  • Property Type: Land
  • Property Sub-type: Other

School Information

  • School
  • Southside Elementary(Elementary)
  • Brookside Middle(MiddleSchool)
  • Sarasota High(HighSchool)

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 2200000
  • unparsedaddress: 2338 DATURA STREET
  • postalcity: SARASOTA
  • stateorprovince: FL
  • country: US
  • postalcode: 34239
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.25
  • lotsizeunits: Acres
  • lotsizearea: 1.25
  • livingareaunits: Square Feet
  • latitude: 27.314395
  • longitude: -82.523138
  • listagentfullname: Stephen Smith, Jr.
  • listagentemail: ssmith@erb.world
  • listagentkey: 3yd-MFRMLSFL-281526731
  • listagentmlsid: 281526731
  • listagentpreferredphone: 9412535713
  • listagentofficephone: 9417405411
  • listofficekey: 3yd-MFRMLSFL-271515446
  • listofficemlsid: 271515446
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • listingcontractdate: 2023-07-10
  • countyorparish: Sarasota
  • parcelnumber: 0056030040
  • elementaryschool: Southside Elementary
  • highschool: Sarasota High
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.523138, 27.314395
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2338-Datura-St_Sarasota_FL_34239_M63343-82985?f=listhub&s=MFRMLSFL&m=A4576213&c=rexren", "LeadRoutingEmail":"ssmith@erb.world", "BrokerName":"E Realty Group LLC", "ListingTitle":"Land - SARASOTA, FL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"ssmith@erb.world", "ListOfficeAddress1":"1990 Main Street Suite 750", "ListOfficeAddress2":null, "ListOfficeCity":"Sarasota", "ListOfficePostalCode":"34236", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"E Realty Group LLC", "ListBrokeragePhone":"(352) 600-2018", "ListBrokerageEmail":"Michael@erealtygroup.com", "ListBrokerageWebsiteUrl":"http://@erealtygroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"1736 se 47th ave", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Ocala", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":"34471", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-18T18:42:08Z", "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":5625, "TaxDescription":null}]}
Listing Changed: 3/26/2024 2:34:43 PM GMT
Source Updated Date: 4/27/2024 6:43:39 AM GMT

Courtesy of: Stephen Smith, Jr., EMERALD REALTY BROKERAGE, ssmith@erb.world

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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