1776 Ringling Blvd
- Prime 221,000 +/- SF Sarasota high-rise
- Award Winning Building Design
- Zoned for Downtown Core (DTC) use
- Strategic Sarasota location
- Highly desirable investment opportunity
- Attractive to multifamily investors
- Potential for high rental demand
- Proximity to amenities and attractions
Property Description
Presenting a landmark opportunity in the thriving Sarasota area! This expansive to construct a fully entitled 221,000+/- SF building with complete plans to build a 10 Story 52 unit tower, making it an exceptional prospect for multifamily and high-rise development. With its coveted DTC zoning, the potential applications for this property are limitless, offering a wide range of investment options. Boasting an impressive size and a strategic location, this property is perfectly poised to become a signature development in the Sarasota landscape. This represents an unparalleled chance for multifamily and high-rise investors to make a significant impact in this dynamic market and create an enduring legacy in Sarasota's real estate scene.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $11,000,000 |
| No. of Units: | 52 |
| Year Built: | 2028 |
| Lot Size: | 0.77 Acres |
| Opportunity Zone: | No |
| Price per unit: | $211,538 |
| Property Website | Click Here |
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