7865 27th Street E, Palm Aire, FL 34243

$21,500,000
8
BD
6
BA
6,178
SqFt

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List Price
$21,500,000
MLS#
TB8557617
Type
Single Family Residential
Property Style
Single Family
Bedrooms
8
Bathrooms
6
Living Area
6,178
Lot Size
892,980
Subdivision
Na
Year Built
2001

Property Description

Here, opportunity rings. Discover an extraordinary 20.5-acre Sarasota assemblage, located just off Tallevast Road, 1 mile from the University Parkway/US 301 intersection. Significant residential, industrial and commercial development is transforming this part of Sarasota/Manatee. The acreage features 1,250 feet of frontage along 27th Street East, with contiguous 11.9-acre and 8.6-acre parcels comprising two separately deeded parcels (The parcels include three addresses: 7865, 7875 & 7955 27th Street East, Sarasota FL). In-town acreage of this scale is increasingly difficult to assemble, making the combination of land, frontage and infill location particularly compelling. Add in the three updated homes, garages and outbuildings, and you have a rare combination of quality living and long-term investment potential. The property is encircled by Benderson commercial to the west, Milhaus multi-family currently under construction to the north, Solomon warehousing to the east, and DR Horton residential to the south. Amazon Logistics is 1500 feet from the property as the crow flies, and a 1 million square foot UNFI distribution facilities are 1 mile away. These are among the area's newly established commercial anchors. The property has desirable southern Manatee County A-1 zoning and IL (Industrial-Light) Future Land Use designation that add another dimension to its long-term value. Agricultural classification adds property tax benefits. Beyond the private gates, there are fenced pastures, mature trees and two ponds to create a peaceful sanctuary just minutes from the city's vibrant energy. SRQ International Airport is approximately 5 minutes away, downtown Sarasota approximately 10 minutes away, and Siesta Key and other area Gulf beaches are less than 30 minutes away. Enjoy privacy and space with convenient access to the restaurants, shopping, arts and coastal pleasures that make Sarasota so appealing. The residences has more than 9,300 square feet under roof, with 8 bedrooms and 5 ½ baths, and the multiple garages, workshop and an RV pad provide room for a wide range of projects and pursuits. Outside of the obvious commercial value, bring your horses, raise llamas, even create a meditation sanctuary or continue the current apiary/beekeeping and cattle grazing use with multiple fenced pastures. Establish a business that takes advantage of large acreage and quick access to “Last Mile” Logistics, Transportation, Lakewood Ranch and the barrier islands. Or simply enjoy the beauty of open Selby Gardens-style grounds. Bring your commercial development plans or use as a private family estate for now. A place to grow. A land investment you can enjoy today. Enjoy residential income, continue agricultural use or hold for that perfect development as the surrounding area continues to boom. Rarely does a single property provide such diverse opportunities. What will you create with 20.5 acres right in town? Bring your vision. Make it yours.

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Metal Siding, Frame, Wood Siding
Style
One Story
Interior
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Interior Features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances
Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator
Exterior
Dog Run, Lighting, Rain Gutters
Roof
Metal, Shingle
Extra Rooms
Den/Library/Office, Family Room, Florida Room, Formal Dining Room Separate, Inside Utility
Located Near
Flood Insurance Required, FloodZone, Greenbelt, In County, Irregular Lot, Near Public Transit, Oversized Lot, Pasture, Street Dead-End, Paved, Unincorporated, Zoned for Horses
Utilities
BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Public, Water Available
Fireplace
Yes
Garage
Circular Driveway, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, Oversized, Parking Pad, Workshop in Garage
Floor
Tile, Wood
Heating
Electric, Zoned
Cooling
Central Air
Pool Type
No Pool
Water
Lake Front
Water View
Yes

Listing courtesy of FLAT FEE MLS REALTY.

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