2338 DATURA STREET SARASOTA FL 34239 MLS #A4576213

There are multiple listings for this address:
2338 DATURA STREET
SARASOTA, FL, 34239
$2,200,000
Beds
0 Baths
SqFt
1.25 Acres
Add
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.

Property Details

Price:
$2,200,000
MLS #:
A4576213
Status:
Pending
Beds:
0
Baths:
0
Address:
2338 DATURA STREET
Type:
Land
Subtype:
Single Family Residence
Subdivision:
PALMERS SUB
City:
SARASOTA
Listed Date:
Jul 11, 2023
State:
FL
ZIP:
34239
Lot Size:
54,640 sqft / 1.25 acres (approx)
Year Built:
2024
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Schools

Elementary School:
Southside Elementary
Middle School:
Brookside Middle
High School:
Sarasota High

Interior

Exterior

Community Features
Curbs, Gated Community – No Guard, Sidewalks

Financial

Buyer Agent Compensation
3%%
HOA Includes
Common Area Taxes, Private Road
Tax Year
2022
Taxes
$5,625

Map

Community

Similar Listings Nearby

2338 DATURA STREET
SARASOTA, FL
2338 DATURA STREET
SARASOTA, FL, 34239
$1,979,800
3 Beds
3 Baths
2,803 SqFt
0.21 Acres
Add
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.

Property Details

Price:
$1,979,800
MLS #:
A4599222
Status:
Active
Beds:
3
Baths:
3
Address:
2338 DATURA STREET
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMERS SUB
City:
SARASOTA
Listed Date:
Feb 11, 2024
State:
FL
Finished Sq Ft:
2,803
ZIP:
34239
Lot Size:
9,406 sqft / 0.21 acres (approx)
Year Built:
2024
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Elementary School:
Southside Elementary
Middle School:
Brookside Middle
High School:
Sarasota High

Interior

Exterior

Community Features
Curbs, Gated Community – No Guard, Sidewalks

Financial

Buyer Agent Compensation
3%%
HOA Includes
Common Area Taxes, Private Road
Tax Year
2022
Taxes
$5,625

Map

Community

Similar Listings Nearby