7865 27th Street E, Sarasota, FL 34243

$21,500,000
8
BD
6
BA
6,178
SqFt

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List Price
$21,500,000
Status
Active
Days on Market
0
MLS#
TB8557617
Property Style
Single Family
Year Built
2001
Bedrooms
8
Bathrooms
6
Baths Half
1
Living Area
6,178
Lot Size
892,980
Acres
20.50
Total Acreage
20 to less than 50
Legal Subdivision Name
Na
MLS Area Major
Sarasota

Property Description

Here, opportunity rings. Discover an extraordinary 20.5-acre Sarasota assemblage, located just off Tallevast Road, 1 mile from the University Parkway/US 301 intersection. Significant residential, industrial and commercial development is transforming this part of Sarasota/Manatee. The acreage features 1,250 feet of frontage along 27th Street East, with contiguous 11.9-acre and 8.6-acre parcels comprising two separately deeded parcels (The parcels include three addresses: 7865, 7875 & 7955 27th Street East, Sarasota FL). In-town acreage of this scale is increasingly difficult to assemble, making the combination of land, frontage and infill location particularly compelling. Add in the three updated homes, garages and outbuildings, and you have a rare combination of quality living and long-term investment potential. The property is encircled by Benderson commercial to the west, Milhaus multi-family currently under construction to the north, Solomon warehousing to the east, and DR Horton residential to the south. Amazon Logistics is 1500 feet from the property as the crow flies, and a 1 million square foot UNFI distribution facilities are 1 mile away. These are among the area's newly established commercial anchors. The property has desirable southern Manatee County A-1 zoning and IL (Industrial-Light) Future Land Use designation that add another dimension to its long-term value. Agricultural classification adds property tax benefits. Beyond the private gates, there are fenced pastures, mature trees and two ponds to create a peaceful sanctuary just minutes from the city's vibrant energy. SRQ International Airport is approximately 5 minutes away, downtown Sarasota approximately 10 minutes away, and Siesta Key and other area Gulf beaches are less than 30 minutes away. Enjoy privacy and space with convenient access to the restaurants, shopping, arts and coastal pleasures that make Sarasota so appealing. The residences has more than 9,300 square feet under roof, with 8 bedrooms and 5 ½ baths, and the multiple garages, workshop and an RV pad provide room for a wide range of projects and pursuits. Outside of the obvious commercial value, bring your horses, raise llamas, even create a meditation sanctuary or continue the current apiary/beekeeping and cattle grazing use with multiple fenced pastures. Establish a business that takes advantage of large acreage and quick access to “Last Mile” Logistics, Transportation, Lakewood Ranch and the barrier islands. Or simply enjoy the beauty of open Selby Gardens-style grounds. Bring your commercial development plans or use as a private family estate for now. A place to grow. A land investment you can enjoy today. Enjoy residential income, continue agricultural use or hold for that perfect development as the surrounding area continues to boom. Rarely does a single property provide such diverse opportunities. What will you create with 20.5 acres right in town? Bring your vision. Make it yours.

Additional Information

Taxes
$6508
Location
Flood Insurance Required, FloodZone, Greenbelt, In County, Irregular Lot, Near Public Transit, Oversized Lot, Pasture, Street Dead-End, Paved, Unincorporated, Zoned for Horses
Community Features
No Deed Restriction
Property Description
One Story
Zoning
A1
Interior Layout
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Floor
Tile, Wood
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Public, Water Available
Heating
Electric, Zoned
Air Conditioning
Central Air
Fireplace Description
Living Room, Wood Burning
Exterior Construction
Metal Siding, Frame, Wood Siding
Exterior Features
Dog Run, Lighting, Rain Gutters
Roof
Metal, Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport, 5+ Car Garage
Garage Spaces
6
Garage Features
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Oversized, Parking Pad, Workshop in Garage
Fences
Fenced
Water Name
Property Bordered By Pearce Ca
Water View
Pond
Water Access
Pond
Flood Zone Code
A
Parcel ID
2030305159
Legal Description
COM AT THE NW COR OF SEC 32; TH N 89 DEG 34 MIN 15 SEC E, ALG THE N LN OF SD SEC 32, A DIST OF 42.70 FT TO THE INTERSECTION WITH THE E R/W OF SEABOARD COASTAL RAILROAD (TAMPA SOUTHERN RAILROAD); TH S 00 DEG 14 MIN 30 SEC E, ALG SD E RAILROAD R/W, A DIST OF 1195.35 FT TO THE SW COR OF THAT CERTAIN PARCEL OF LAND AS DESC AND REC IN OR 77 P 77 PRMCF; TH N 89 DEG 39 MIN 45 SEC E, ALG THE S LN OF SD CERTAIN PARCEL, A DIST OF 30.00 FT TO THE INTERSECTION WITH THE MAINTAINED E R/W OF 27TH ST E (CIRCUS RD) FOR A POB; TH CONT N 89 DEG 39 MIN 45 SEC E, ALG THE S LN OF SD CERTAIN PARCEL AND THE ELY EXTENSION THEREOF, A DIST OF 1383.07 FT TO A PT, HERINAFTER REFERRED TO AS PT "A", TH CONT N 89 DEG 39 MIN 45 SEC E, ALG SD ELY EXTENSION, A DIST OF 29.0

Listing courtesy of FLAT FEE MLS REALTY. 813-642-6030

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