Apartment Development Opportunity In Growing North Trail Area

Highlights:

• Opportunity in the growing North Trail area
• High demand for area rentals
• Close to Sarasota-Bradenton International Airport and world reknowned Ringling College of Ar

Description:

Introducing a prime opportunity for multi-family development in the heart of Sarasota's emerging North Trail district - Sapphire South and Sapphire North.

The property comprises 4.2 acres of vacant land with final site plan approval for two (2) four (4) story elevator buildings with surface parking provided for 160 vehicles. The site enjoys over 600 linear feet of frontage on US 41 and encompasses the corner of 42nd Street.

The Location is PRIME near the Ringling College of Art and Design, Sarasota Bradenton International Airport, the University of South Florida, New College, and the vibrant downtown waterfront district.

There is a density bonus available for an additional 40 units with an As of Right process.

Significant Due diligence materials are available on request.

Seller will consider selling both properties separately or together.

Call for offers by June 16, 2024

Tamiami Trail North of 42nd St

Documents: