Located on a quiet canopy road close to downtown Sarasota and west of The Mall at University Town Center is this private 5-acre land parcel zoned OUE-1 (open use estate 1), which includes an additional 1-acre land parcel zoned RE-2 (residential estate) right next door. A new owner can maintain the existing zoning or petition to change it because it qualifies for rezoning as low-density residential, with the ability to construct up to 20 single-family homes per 5 acres. The property is tucked away from busy roads and noise yet has easy access to everything that Sarasota offers. The property is in a low-risk “x” flood zone, and there are no deed restrictions. There is water and electricity on-site, and a public sewer connection is just a few doors down. With permitted use, limited uses or special exceptions, the OUE-1 zoning could allow for use such as agriculture, a farm produce stand, plant nursery, horse riding academy, horse stable, animal boarding, pet resort, veterinary clinic, animal hospital, private club or lodge, rural retreat center, educational facility, child or adult care center, place of worship or a gated private estate with main home plus guest house. Again, some of these uses are subject to limitations or special exceptions. This 5-acre parcel is also eligible for rezoning, which could likely allow it to change to low-density residential with up to four homes per acre. With University Parkway and interstate I-75 close by, it would be an attractive location for a new mini subdivision of semi-custom homes. This is a confidential land sale, and showings can only occur on a Saturday or Sunday. To learn more about this unique property, please contact the listing agent or your trusted real estate professional. An offering memorandum and zoning regulation addendums are available.

4020 42nd STREET
Sarasota, FL 34235
$1,250,000

Located on a quiet canopy road close to downtown Sarasota and west of The Mall at University Town Center is this private 5-acre land parcel zoned OUE-1 (open use estate 1), which includes an additional 1-acre land parcel zoned RE-2 (residential estate) right next door. A new owner can maintain the existing zoning or petition to change it because it qualifies for rezoning as low-density residential, with the ability to construct up to 20 single-family homes per 5 acres. The property is tucked away from busy roads and noise yet has easy access to everything that Sarasota offers. The property is in a low-risk “x” flood zone, and there are no deed restrictions. There is water and electricity on-site, and a public sewer connection is just a few doors down. With permitted use, limited uses or special exceptions, the OUE-1 zoning could allow for use such as agriculture, a farm produce stand, plant nursery, horse riding academy, horse stable, animal boarding, pet resort, veterinary clinic, animal hospital, private club or lodge, rural retreat center, educational facility, child or adult care center, place of worship or a gated private estate with main home plus guest house. Again, some of these uses are subject to limitations or special exceptions. This 5-acre parcel is also eligible for rezoning, which could likely allow it to change to low-density residential with up to four homes per acre. With University Parkway and interstate I-75 close by, it would be an attractive location for a new mini subdivision of semi-custom homes. This is a confidential land sale, and showings can only occur on a Saturday or Sunday. To learn more about this unique property, please contact the listing agent or your trusted real estate professional. An offering memorandum and zoning regulation addendums are available.