Exceptional investment and development opportunity in Sarasota! This 2.81-acre property, located just off Fruitville Road east of McIntosh, offers significant potential for builders and developers. The seller has already invested substantial time and resources into obtaining approval for a 14-unit multifamily project, paving the way for a streamlined development process. Zoned RSF-3, the property is largely cleared and includes a small pond, adding natural appeal to its layout. The existing 3,100 sq. ft. home, rebuilt five years ago, is on well and septic, with a design well-suited for single-room rentals—an excellent interim revenue source. Alternatively, the zoning allows for a maximum gross density of 12 single-family lots, making this property versatile for a range of development strategies. With its central location and much of the groundwork for approvals already underway, this property presents a rare opportunity for investors and builders to capitalize on a project primed for success.
For sale
$1,600,000
121 Christie Ave, Sarasota, FL 34232
4beds
3,100sqft
Est.:
Single Family Residence
Built in 1963
2.81 Acres Lot
$-- Zestimate®
$516/sqft
$-- HOA
What's special
Small pondNatural appeal
- 207 days
- on Zillow |
- 183 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 10:45am
Listing Provided by:
Joe Murphy 941-780-3260,
COLDWELL BANKER REALTY 941-907-1033
Source: Stellar MLS,MLS#: A4635469
Originating MLS: Sarasota - Manatee

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: First
- Area: 160 Square Feet
- Dimensions: 10x16
Living room
- Level: First
- Area: 308 Square Feet
- Dimensions: 14x22
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Range
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), High Ceilings
- Flooring: Porcelain Tile
- Has fireplace: No
Interior area
- Total structure area: 3,325
- Total interior livable area: 3,100 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Private Mailbox, Rain Gutters
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 2.81 Acres
- Features: Level
- Residential vegetation: Mature Landscaping, Oak Trees
Details
- Parcel number: 0045060006
- Zoning: RSF3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida,Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Public, Underground Utilities, Water Connected
Community & HOA
Community
- Subdivision: TUCKERS ADD
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Price per square foot: $516/sqft
- Tax assessed value: $790,800
- Annual tax amount: $5,378
- Date on market: 1/12/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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