tomo logo

$1,700,000

Beds
4
Baths
4.0
sq ft
3,100

121 Christie Ave, Sarasota, FL 34232

121 Christie Ave

SARASOTA, FL 34232

  • 82 days on market
    • Price drop $250,000↓
Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process. Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies. With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.

Details

Property type

Single Family Residence

Lot size

2.81 acres

Price per sq ft

$549

Year built

1963

Annual property taxes

$5,378.68

HOA

No

Price History

02/27/2025
StellarMLS

StellarMLS #A4635469

Price change
$1,700,000
-12.82%
01/12/2025
StellarMLS

StellarMLS #A4635469

Listed
$1,950,000
+95%
01/30/2024
StellarMLS

StellarMLS #A4591802

Sold
$1,000,000
-16.67%

Schools & Community

Neighborhood: 

Fruitville

Elementary school: 

Fruitville Elementary

Middle school: 

McIntosh Middle

High school: 

Sarasota High

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Status: Active

Tomo last checked: 04/03/2025 at 10:55 PM

Listing updated: 02/27/2025 at 12:51 PM

Listed by: Joe Murphy, COLDWELL BANKER REALTY Phone #: (941) 907-1033

MLS: StellarMLS #A4635469

StellarMLS logo

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