Properties

Property Description

Prime Multi-Family Development Opportunity in Sarasota!
Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage

Lot is zoned RMF2 – build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market.

This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area.

The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity.

With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.

Features
: Other
: Public Sewer
Address Map
US
FL
Sarasota
Sarasota
34234
ROYAL PALM
905
DRIVE
W83° 26' 51''
N27° 22' 34''
RMF2
34234 - Sarasota
Driving Directions to 905 Royal Palm Drive, Sarasota, FL 34234 From I-75, take Exit 213 (University Parkway) and head west. Turn left on US-41/S Tamiami Trail, then right on Myrtle Street. Turn left onto Royal Palm Drive—property is on the right. From Downtown Sarasota, head north on US-41/N Tamiami Trail, turn left on Myrtle Street, then left on Royal Palm Drive—property is on the right. From SRQ Airport, take University Parkway west, turn left on US-41/S Tamiami Trail, then right on Myrtle Street. Turn left on Royal Palm Drive—property is on the right.
Additional Info
COLDWELL BANKER REALTY
Jerry Holston, Jr
Sqft0
Sqft0
Additional Information
257x126, 98x231
: Public
https://www.propertypanorama.com/instaview/stellar/A4646446
2025-03-28
: Unimproved
Financial
2167
Listing Information
281543505
281502380
Active
2025-04-09T15:16:09Z
Stellar
: None
2025-03-28T15:17:55Z

905 Royal Palm Dr, Sarasota, Florida 34234

Land For Sale

0.67 Acre
$385,000
Listing ID #A4646446
Basic Details
Listing Type : For Sale
Listing ID : A4646446
Price : $385,000
Lot Size : 0.67 Acre
Listing Status : Active
Agent info
Bryan Rogers
Holiday Realty LLC
Holiday Realty LLC
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