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
Price cut: $110K (12/9)
$1,490,000
121 Christie Ave, Sarasota, FL 34232
4beds
3,100sqft
Est.:
Single Family Residence
Built in 1963
2.81 Acres Lot
$-- Zestimate®
$481/sqft
$-- HOA
What's special
Small pondNatural appeal
- 332 days |
- 327 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 07:32am
Listing Provided by:
Joe Murphy 941-780-3260,
COLDWELL BANKER REALTY 941-907-1033
Source: Stellar MLS,MLS#: A4635469
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Tour with a local 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: $481/sqft
- Tax assessed value: $779,700
- Annual tax amount: $5,378
- Date on market: 1/12/2025
- Cumulative days on market: 330 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$4,047/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $1,490,000-6.9%$481/sqft |
Source:  Stellar MLS #A4635469 Report a problem | ||
| 5/2/2025 | Price change | $1,600,000-5.9%$516/sqft |
Source: Stellar MLS #A4635469 Report a problem | ||
| 2/27/2025 | Price change | $1,700,000-12.8%$548/sqft |
Source: Stellar MLS #A4635469 Report a problem | ||
| 1/12/2025 | Listed for sale | $1,950,000+95%$629/sqft |
Source: Stellar MLS #A4635469 Report a problem | ||
| 1/30/2024 | Sold | $1,000,000-16.7%$323/sqft |
Source: Stellar MLS #A4592323 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $779,700 +113% |
| 2024 | $5,379 +7.5% | $366,140 +7.7% |
| 2023 | $5,006 +7.2% | $339,922 +7.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,560/mo
Principal & interest
$7461
Property taxes
$1577
Home insurance
$522
Climate risks
Neighborhood: Fruitville
Nearby schools
GreatSchools rating
- 7/10Fruitville Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Mcintosh Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Sarasota High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Fruitville Elementary
- Middle: McIntosh Middle
- High: Sarasota High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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